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Business News Archive - November 11, 2012

LG, Philips Face EU Fines

Philips and LG Electronics, along with four other top electronics manufacturers, are facing hefty European Union (EU) fines at the end of the month for price fixing cathode-ray tubes.

Word of the Day
dittany
  • An aromatic woolly plant (Origanum dictamnus) native to Crete, formerly believed to have magical powers.
The word 'dittany' may come from the name of Mount Diktē in Crete, where it was supposed to grow.
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