Business News Archive - September 17, 2008

Northern Lincolnshire airline Eastern Airways has been nominated for a prestigious travel industry award. The Humberside Airport-based company has been shortlisted as Best UK Domestic Airline For Business at The Buying Business Travel Diamond Awards 2009.

By Petra Mann Historical artefacts have been unearthed at an old mining site in Redruth. Glass and pottery bottles came to light as excavations were carried out on the original Pednandrea tin and copper mine close to the town centre, to make way for new homes.

Kate Ironside (September 8) is certainly correct in her headline, but woefully uninformed in her detailed argument below that.

The case for producing more of our power through renewable means is well-made. Even without the threat from climate change, the pollution and waste that goes with burning fossil fuels is not sustainable in the long term.

By Nick Clark Barclays was poised to announce the acquisition of the broker- dealer arm of Lehman Brothers in the US last night, just days after its decision to walk away from a full takeover contributed to Lehman's collapse.

By David Winzelberg Spirit Airlines has quietly closed its operations at Long Island MacArthur Airport - only three months after Islip officials partied its arrival with grass skirts and fruity drinks - because of skyrocketing fuel costs.

By EILEEN MOZINSKI Flexsteel Industries Inc.

Editor's note: The writer of this article is Staff Sgt. Michel Sauret, 23, an English writing student at the University of Pittsburgh who put his studies on hold to serve in Iraq with the Army's 10th Mountain Division public affairs office.

By Margot Crabtree The Journal Record Index (download PDF) shed 34.61 points, pressured by oil's fall. The three top dollar gainers in the index this week were financial institutions.

BASKING RIDGE, N.J., Sept. 17 /PRNewswire/ -- Verizon Business is first to market with the Trans-Pacific Express submarine cable network connecting the United States with mainland China, South Korea and Taiwan.

Word of the Day
  • A handkerchief.
  • Specifically— The legendary sweat-cloth; the handkerchief of St. Veronica, according to tradition miraculously impressed with the mask of Christ; also, the napkin about Christ's head (Johu xx. 7).
  • In general, any miraculous portrait of Christ.
The word 'sudarium' comes from a Latin word meaning 'a handkerchief'.