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Business News Archive - September 14, 2008

By The Associated Press NEW YORK (AP) - Stocks finished another volatile session narrowly mixed Friday, as gains in the energy, utilities and materials sectors offset some of Wall Street's angst over the fate of Lehman Brothers Holdings Inc.The three major indexes all managed to end the week higher.The troubles of the financial sector dominated trading, as investors tried to glean insights into Lehman's race to sell itself or otherwise regain Wall Street's confidence.An unexpected slowdown at cash registers last month also weighed on the stock market Friday, particularly on shares of retailers and other consumer discretionary stocks.

By Catherine Oakes; Caroline Jones A Derbyshire family have been left angry and upset after being told via a text message that flights for a long-awaited holiday were cancelled.

By Bonnie Pfister The largest tenant at the Allegheny County Airport is planning a $7.5 million expansion at the general aviation facility in West Mifflin.

By Simon Evans; Mark Leftly After tour operator goes into administration leaving 90,000 stranded, details emerge of attempts to secure a deal with two failing airlines Banks scuppered a proposed three-way airlines tie-up that could have salvaged the collapsed XL Leisure last month, while speculation is mounting that the failed group might already have a new owner.

By Ian Griggs and Jonathan Owen Fears were growing last night that the Italian airline Alitalia would collapse, days after some 85,000 British holidaymakers were stranded abroad when the travel firm XL Leisure Tours went bust.

By The Associated Press LOS ANGELES (AP) - Cameras flashing and films rolling, a crowd of paparazzi surrounded a police escort, trying to get the perfect shot of Britney Spears' little sister as she left the Los Angeles International Airport. Just one snag: The woman wasn't Jamie Lynn Spears.

A t Red & White we are always trying to find ways to improve the company but to be honest, because we are a young company, the majority of improvements are made simply to allow us to survive. Yet there comes a point when the environmental impact of our daily lives becomes impossible to ignore.

By Mark Leftly At least a dozen big-name mining firms are eyeing a takeover or joint venture with International Consolidated Minerals (ICM), the copper and lead producer listed on the Alternative Investment Market.

By Chris Foreman Saltsburg has struggled with population decline, the closing of its library and a recent threat to close the high school just outside the borough's borders.

By Karen Inchley Two more people have been arrested following Britain's biggest ever seizure of suspected stolen metal. The two, a 75-year-old man and a 63-year-old woman from Cheadle, were arrested by British Transport Police on suspicion of handling stolen goods and money laundering.

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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