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Business News
March 16, 2010
OTTAWA - With the loonie once again nearing parity with the U.S. dollar, a new report on the currency is giving hope it may not be the menace to the economy many believe it to be.
March 16, 2010
Emirate Airlines' desire to expand service to Canada, high government taxes and fees all threaten...
Redline says it may have not properly recognized some of its revenue
March 16, 2010
TORONTO - Shares of Redline Communications Inc. (TSX:RDL) plummeted 36 per cent on Monday morning...
Canadian inflation data could nudge dollar close to parity this week
March 15, 2010
TORONTO - The latest inflation data could move the Canadian dollar even closer to parity with the U...
Apple gives COO US$5M bonus, stock for performance during Jobs' medical leave
March 15, 2010
Apple Inc. is giving its chief operating officer a US$5-million bonus for "outstanding performance...
Toyota says RAV4s being offered by Tim Hortons are OK after recall
March 15, 2010
MONTREAL - Java junkies who win a Toyota RAV4 in the latest Tim Hortons roll-up-the-rim contest shouldn't have to worry about the 2010 Toyotas r-r-rolling out of control down the highway.
Congressional memo: Government, Toyota tests on runaway Prius fail to replicate San Diego incident
March 15, 2010
SAN DIEGO - Investigators with Toyota Motor Corp. and the U.S. government could not replicate the runaway speeding reported by a Prius owner who said his car's accelerator got stuck as he drove on a California freeway, according to a memo for a congressional panel.
Workers strike at St. Marys Cement in Bowmanville, Ont., over pension demands
March 15, 2010
BOWMANVILLE, Ont. - Dozens of workers set up picket lines outside the St. Marys Cement plant in this eastern Ontario town on Sunday over proposed changes to their pension plan.
Recruiters say more older men hired could mean firms hiring executives again
March 15, 2010
TORONTO - Employers may be hiring senior executives who lost their jobs during the recession, according to recruiters puzzling over a trend in the latest jobs figures that found nearly half of new jobs going to men over the age of 55.
Positive trade, housing data suggest economic recovery taking hold
March 12, 2010
TORONTO - There are more signs that the Canadian economy is getting healthier and stronger, with housing and trade data adding to recent reports that suggest a recovery is indeed taking hold.
Palm, struggling in turnaround, may find innovative smart phones and software are not enough
March 12, 2010
SAN FRANCISCO - Last year, Palm thought it had all the pieces for a turnaround in the market it pioneered: A new CEO known for making the iPod a household name, a sleek new smart phone called the Pre and fresh, intuitive operating software.
Taxman giving away money to students
March 12, 2010
Most students wouldn’t place taxes at the top of their to-do list. But filing a tax return has its perks.
Closed soup plant to make wieners
March 12, 2010
By Christmas, the old Campbell Soup plant in Listowel that closed last spring will be making chicken wieners under new owners and creating 500 jobs within four years.
Alberta cuts royalty rates for oil and gas industry in bid to win investment
March 12, 2010
CALGARY - The Alberta government is cutting royalty rates for the oil and natural gas industry starting next year in a bid to win back investment in the province.
Goldman Sachs prepares legal battle in fight for Canwest's broadcasting assets
March 11, 2010
TORONTO - Goldman Sachs is sharpening its sword for a potential legal battle with Canwest Global Communications over the future of its broadcasting assets with one observer suggesting the investment firm has the clout to kill the sale of the business to Shaw Communications Inc.
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