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Business News Archive - October 28, 2008

ATHENS, Ohio, Oct. 28 /PRNewswire/ -- Verizon Wireless announced today that it has expanded the national rollout of its 3G high-speed wireless network to portions of Athens, Vinton, Jackson and Meigs counties.

Bord Gais, which is engaged in the supply, transmission and distribution of natural gas, has launched the Bord Gais Whitegate power plant project at its site in Cork, Ireland. Construction of the E400 million power plant is now underway and the plant is expected to be operational by June 2010.

Enbridge has announced that its wholly owned utility, Enbridge Gas Distribution, and FuelCell Energy have opened a Direct Fuel Cell - Energy Recovery Generation power plant in Toronto.

US-based power utility Calpine has announced a settlement with Rosetta Resources of all claims related to Calpine's July 7, 2005 sale of substantially all of its oil and gas business to Rosetta.

Patriot Energy, a provider of drilling services to the oil and gas industry, has appointed Tony Bisante as its new president and CEO. Mr Bisante has got 17 years of experience working for companies such as VisionIP, Research in Motion and IBM.

StatoilHydro has announced that recoverable reserves of the Noatun discovery have been estimated to be between five and eight million standard cubic meters of oil equivalent following the drilling of an appraisal well.

HelioVolt has opened its first factory for manufacturing high-performance thin film solar energy products. The 122,400sqft sustainable facility in Austin, Texas is expected to create approximately 160 new jobs.

Scottish Hydro Electric Transmission Limited, a subsidiary of Scottish and Southern Energy, has submitted applications to the Comhairle nan Eilean Siar, the Highland Council, Scottish Ministers and other statutory authorities to develop an electricity transmission connection between the Western Isles and the northwest of Scotland.

By Roger Yu VIP travelers are now finding more options to escape long lines at security checkpoints. At some of the largest airports in the USA, elite-level fliers are increasingly rerouted to exclusive lines designed to speed them along and isolate them from the madding crowd.

By Gary Stoller Thai Airways' cheapest Los Angeles-Bangkok ticket last week had a $542 fuel surcharge round trip -- $352 more than the airline charged a year ago.

Word of the Day
caparison
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.
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