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Business News Archive - September 05, 2008

By Sarah Arnott BP and the Russian billionaires fighting for control of the TNK- BP joint venture have signed a deal designed to draw a line under their acrimonious conflict.

US Airways ranked worst among the nation's largest 19 carriers for overall complaints in July, said data from the U.S. Department of Transportation on Wednesday. The airline received 2.16 complaints per 100,000 passengers, compared with an industry average 1.25, and Frontier's top-ranked 0.09.

By James Thompson The flamboyant tycoon behind the Kingfisher beer to airlines empire is bucking the gloom with a service between Bangalore and Heathrow.

By B.J. Fernandez BUREAUCRATS are of the opinion that a sure-fire way to prevent minors from taking up smoking is to continuously increase cigarette prices. Whoever thinks this works is far removed from reality. A minor, probably a student, who takes up smoking is not going to buy a whole pack.

By Shuhada Elis KUALA LUMPUR: Breakfast cereals, aggressively advertised and promoted as healthy food for children, are making them fat, even obese. Do not be fooled by the nutritional benefits printed on cereal boxes as the food inside is laden with fat, sugar and salt.

During the 17th Century in the lordship of Gower, beer licences were issued by justices of the peace for a fee of 20 shillings. Failure to sell beer without one would result in the offender being "openly whipped" and given a three-year ban.

Canadian photographer Edward Burtynsky's images of nature focus on the places we'd rather not see: copper mines, oilfields and the scarred craters of giant quarries. Few people have captured man's destruction of the planet more vividly (c) 2008 Independent, The; London (UK).

ArcelorMittal SA said Wednesday that it is not planning to reduce steel prices across the board despite a move to cut prices in South Africa.

By Sean Ryan It's time for a challenge -- and it's the biggest one Volkmann Railroad Builders has ever accepted. The Menomonee Falls builder will lay 35 miles of track across Montana's plains and Bull Mountains by August.

By Paul Paterra The legal wranglings continue in Export over the estate of Joseph "Junior" Hall and the effort to bring a post office back to the borough.

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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