Business News Archive - October 25, 2008

WASHINGTON, Oct. 24 /PRNewswire-USNewswire/ -- Facing the worst slump in the automotive industry in decades, Teamster carhaulers have ratified a new national agreement that secures a record level of employer contributions for health, welfare and pension benefits.

SAN FRANCISCO, Oct. 24 /PRNewswire-FirstCall/ -- Pacific Gas and Electric Company (PG&E) and the U.S.

China said Saturday scientists have launched a scientific research satellite from the Taiyuan Satellite Launch Center in Shanxi province. No details were given on the satellite's mission, Xinhua, the state-run Chinese news agency reported.

Apple Inc announced Friday it is contributing $100,000 to the campaign against California's Proposition 8, which would outlaw same-sex marriage in the state.

IRVINE, Calif., Oct. 25 /PRNewswire/ -- Wireless users in more San Bernardino County locations are now experiencing expanded voice and data coverage thanks to the addition of six new cell sites from Verizon Wireless.

South Korean President Lee Myung-bak says Asian and European leaders should help him entice North Korea into demilitarizing through economic cooperation.

Word of the Day
  • Stoppage; cessation (of labor).
  • A standing still or idling (of mills, factories, etc.).
The word chomage comes into English from French.]