Business News Archive - October 22, 2008

UPPER ARLINGTON, Ohio, Oct. 22 /PRNewswire/ -- Verizon Wireless, the wireless company with the highest customer loyalty, has activated a new cell site in Upper Arlington that improves its voice and data network coverage and capacity.

Regulatory News: Technip (Paris:TEC) (ISIN:FR0000131708) has been awarded by Petrobras a daily-rate contract (worth more than US$ 100 million) for a two-year charter of the Normand Progress, a vessel specializing in flexible pipeline installation.

The sale of a 42% government-owned stake in debt-ridden Austrian Airlines is at risk after potential buyers including Air France-KLM and Russian airline S7 have asked for more time, as the airline industry faces tough times.

Copper Moon Coffee, a coffee roaster, distributor and office coffee service provider, has announced plans to open two retail establishments at the Indianapolis International Airport's new main passenger terminal, which is scheduled to open on November 12, 2008.

Gold Resource Corporation (GRC) (OTCBB: GORO) (FRANKFURT: GIH) is pleased to announce results from an internal analysis of delineation drilling at its Arista deposit. The Arista deposit is part of GRC's 100% owned El Aguila Project in Oaxaca, Mexico.

Research and Markets (http://www.researchandmarkets.com/research/afbd90/energy_security_fo) has announced the addition of Global Markets Direct's new report "Energy Security for Emerging Economies" to their offering.

Range Resources Corporation (NYSE:RRC) and MarkWest Energy Partners, L.P. (NYSE: MWE) today announced the commencement of the initial phase of Pennsylvania's first large-scale gas processing infrastructure with the successful launch of a mechanical refrigeration processing plant in Washington County.

Retail store operator Pick N Pay has entered into an agreement with BP to retail fuel in addition to operating convenience stores at petrol stations in South Africa, according to PetrolWorld.

By Dennis Cauchon ORLANDO -- Main Street USA in Walt Disney World's Magic Kingdom seems far, far away from the meltdown on Wall Street. Children hug Winnie the Pooh. At Town Hall, the mayor sings, Supercalifragilisticexpialidocious.

Word of the Day
  • A young chicken: also used as a pet name for children.
The word 'chickabiddy' may come from 'chick' plus 'biddy', a name used in calling a hen or chicken.