Business News Archive - January 16, 2008

MORRISTOWN, N.J., Jan. 16 /PRNewswire/ -- In response to the growing demand for the company's voice and data products and services, Verizon Wireless, operator of the nation's most reliable wireless network, today opened a new Communications Store in Fort Lee, New Jersey.

ALPHARETTA, Ga., Jan. 16 /PRNewswire/ -- Verizon Wireless, the company with the nation's most reliable wireless voice and data network, announced today that Howard Faber has been named as director Business-to- Business team, Georgia/Alabama Region.

An announcement has been made by Universal Systems, Inc. (USI) (PINKSHEETS: UVSS) that they have concluded the purchase of the Alaska Communication Submarine Cable.

Sweden-listed oil firm West Siberian Resources has announced plans to merge with Russia-based Alliance Oil and create a vertically integrated oil company with a stable supply of crude oil, substantial refining capacity and important assets in the distribution and marketing of petroleum products.

NEWARK, N.J., Jan. 16 /PRNewswire-FirstCall/ -- PSEG today announced seven executive moves, including the election of three corporate vice presidents.

Word of the Day
  • Sleep; the state or condition of being asleep.
  • The state or condition of numbness of a part due to pressure on a nerve: as, the obdormition of a limb.
The word 'obdormition' comes from a Latin word meaning "to fall asleep".