Business News Archive - August 03, 2006

By Jane Palmer, Omaha World-Herald, Neb. Aug. 3--You've seen the Ford Birthsite. The Joslyn Castle. Girls and Boys Town. You're heard about Father Flanagan and about Edward Creighton, whose fortune founded a university. That's Omaha's pristine past.

DETROIT (Reuters) - Ford Motor Co. said on Thursday it is recalling about 1.2 million trucks, sport utility vehicles and vans in the United States because a faulty speed control deactivation switch may cause fires.

Word of the Day
  • A pivoted catch designed to fall into a notch on a ratchet wheel so as to allow movement in only one direction (e.g. on a windlass or in a clock mechanism), or alternatively to move the wheel in one direction.
The word 'pawl' probably comes from a Latin word meaning 'stake'.