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Business News Archive - April 13, 2007

By Heather Landy, Fort Worth Star-Telegram, Texas Apr. 13--For three years, Pier 1 Imports executives have struggled to make sense of their company's troubles. They blamed their slowdown on competition from Target Corp. They blamed the war in Iraq.

Word of the Day
negawatt
  • A unit of saved energy.
Coined by Amory Lovins, chairman of the Rocky Mountain Institute as a contraction of negative watt on the model of similar compounds like megawatt.