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Business News Archive - October 23, 2012

Furniture Maker IKEA Invests In Renewables To Become Self-Sufficient By 2020

As energy prices soar, one company is looking to end reliance on volatile fossil fuels and become self-sufficient, relying on wind and solar power by 2020.

Investors Prep For Facebook Earnings

Things are turning around for Facebook, in terms of earnings, where investors have eyed the social networking site since its disappointing IPO last year.

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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