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Business News
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March 18, 2010
VANCOUVER, B.C. - As if knowing what your friend had for lunch wasn't enough, now you can see where she was eating it as well.
Park Lawn buries conversion
March 18, 2010
Cemetery operator Park Lawn Income Trust announced yesterday it is putting its planned conversion to...
March 18, 2010
The Canadian loonie is again flying near parity with the U.S. greenback - but this time no one is...
World Bank says China should grow 9.5 pct in 2010 but must control inflation, asset bubbles
March 18, 2010
The World Bank raised its China growth forecast this year to 9.5 per cent from 9 per cent on...
March 17, 2010
CALGARY - As Sean Durfy navigated Canada's second-largest airline through a ruthless economic...
Toyota officials apologize, but Ottawa says now investigating automaker's action
March 16, 2010
OTTAWA - Ottawa is launching an investigating into Toyota Canada's handling of consumer concerns about the safety of its vehicles, Transport Minister John Baird said Tuesday.
Recall woes to cost Toyota cash, but analysts expect eventual recovery
March 17, 2010
TOKYO - A massive global recall, mounting legal bills and a battered reputation add up to a very expensive problem for Toyota.
Restructuring nuclear medicine firm MDS posts first-quarter loss of $43 million
March 17, 2010
TORONTO - Nuclear medicine company MDS Inc. has completed its restructuring into a smaller medical isotope business, but an ongoing shutdown at a key nuclear reactor continues to strain its primary source of revenue.
PepsiCo to stop selling sugary drinks from schools worldwide by 2012
March 17, 2010
NEW YORK - PepsiCo plans to remove sugary drinks from schools worldwide, following the success of programs in the U.S. aimed at cutting down on childhood obesity.
Many Canadian firms learning to cope with strong dollar: think tank report
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.
Air Canada CEO says Montreal should become international transport hub
March 16, 2010
MONTREAL - Emirate Airlines' desire to expand service to Canada, high government taxes and fees all threaten Montreal's ability to become a major international hub, says the chief executive of Air Canada.
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 after the company said it would likely miss the deadline for its quarterly and full-year financial statements as it reviews its revenue recognition accounting policies.
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.S. dollar this week after a strong employment report Friday sent the loonie surging.
Apple gives COO US$5M bonus, stock for performance during Jobs' medical leave
March 15, 2010
SEATTLE - Apple Inc. is giving its chief operating officer a US$5-million bonus for "outstanding performance" running the company while CEO Steve Jobs was on medical leave.
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.
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