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Business

Yahoo buys Tumblr

May 20, 2013 / 1:59 pm

Photo: The Canadian Press. All rights reserved. FILE - In this Oct. 1, 2012 file photo, Tumblr founder David Karp participates in the "Bloomberg Leadership Summit" seminar in New York. In a deal announced Monday, May 20, 2013, Yahoo is buying New York-based Tumblr,...

Ambassador Theatre acquires Foxwoods

May 20, 2013 / 1:58 pm

Photo: The Canadian Press. All rights reserved. FILE - This May 12, 2011 file photo shows the marquee for "Spider-Man: Turn Off The Dark" outside the Foxwoods Theatre in New York. (AP Photo/Tina Fineberg, file) Britain's biggest theatre group has...

Yahoo buys Tumblr for $1.1 billion

May 20, 2013 / 6:21 am

Photo: The Canadian Press. All rights reserved. FILE - In this April 18, 2011 file photo, the Yahoo logo is displayed outside of the offices in Santa Clara, Calif. (AP Photo/Paul Sakuma, File) Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO...

Interview: Netflix CEO on future of TV

May 20, 2013 / 6:18 am

  Photo: Contributed Netflix CEO Reed Hastings is standing in line at a bustling Toronto coffee shop, summing up a speech he's set to deliver later in the day on the future of television, when he spies an example of his vision that's so perfect it almost...

'Star Trek' falls short of studio hopes

May 19, 2013 / 12:25 pm

  Photo: CTV "Star Trek: Into Darkness" has warped its way to a $70.6 million domestic launch from Friday to Sunday, though it's not setting any light-speed records with a debut that's lower than the studio's expectations. The latest...

Fake herbal cancer cure gets Dr. 14-yrs.

May 17, 2013 / 2:43 pm

Photo: The Canadian Press. All rights reserved. In this Sept. 29, 2011 photo, Dr. Christine Daniel gives a flu shot to patient Amparo Villaluazo at Daniel's Sonrise Medical Clinic in Mission Hills. Daniel, 57, of Northridge, was found guilty on Friday May 17,2013 and...

Canadian dollar drops a penny

May 17, 2013 / 6:32 am

Photo: The Canadian Press. All rights reserved. Canadian dollars (loonies) are pictured in Vancouver, Sept. 22, 2011. THE CANADIAN PRESS/Jonathan Hayward The Canadian dollar was lower Friday as Statistics Canada reported that consumer prices rose last month at the...


Budget official to run troubled IRS

May 16, 2013 / 6:47 pm

Photo: The Canadian Press. All rights reserved. President Barack Obama speaks on the Internal Revenue Service's targeting of conservative groups for extra tax scrutiny in the East Room of the White House in Washington, Wednesday May 15. (AP Photo/Pablo Martinez...

Telus offers $380 million for Mobilicity

May 16, 2013 / 6:36 am

  Photo: Contributed Telus is preparing to buy Mobilicity for $380 million, if it gets approvals from federal authorities. The announcement follows persistent rumours that the Vancouver-based telecommunications giant was in talks with Mobilicity, a small wireless...

Loonie heads lower

May 16, 2013 / 6:12 am

  Photo: Contributed The Canadian dollar headed lower Thursday as commodity prices continued to soften following a round of disappointing U.S. economic reports on unemployment and housing. The loonie was down 0.10 of a cent to 98.21 cents US. In addition to...

Loonie takes a short dive

May 15, 2013 / 6:52 am

Photo: The Canadian Press. All rights reserved. A Canadian dollar, left, and a Euro are seen next to a series of U.S. dollars in this January 26, 2011 photo in Montreal. THE CANADIAN PRESS/Paul Chiasson The Canadian dollar headed lower Wednesday due to softening...

Music industry biggies donate $70M

May 14, 2013 / 10:18 pm

  Photo: Contributed - Wikipedia.org Hip-hop mogul Dr. Dre, real name Andre Young, and music industry entrepreneur Jimmy Iovine have donated a combined $70 million to create a new institute at the University of Southern California. Hip-hop mogul Dr. Dre,...

IRS investigated for tea party targeting

May 14, 2013 / 7:34 pm

Photo: The Canadian Press. All rights reserved. President Barack Obama gestures during a joint news conference with British Prime Minister David Cameron, Monday, May 13. (AP Photo/J. Scott Applewhite) The Justice Department is investigating the Internal Revenue...

Loonie weakens as commodities fall

May 14, 2013 / 9:00 am

Photo: The Canadian Press. All rights reserved. The 2012 lucky loonie is pictured in Calgary, July 19, 2012. THE CANADIAN PRESS/Jeff McIntosh The Canadian dollar fell Monday as commodities continued to trade lower after beginning the week in negative...

The buck is up - a little

May 13, 2013 / 6:53 am

Photo: The Canadian Press. All rights reserved. A Canadian dollar, or loonie, sits on top of its American counterpart in Toronto Thursday Sept. 20, 2007. THE CANADIAN PRESS/Adrian Wyld The Canadian dollar was slightly ahead Monday amid slightly better-than-expected...

Cheap deadly cars made in Brazil

May 12, 2013 / 7:42 pm

Photo: The Canadian Press. All rights reserved. ADVANCE FOR USE SUNDAY, MAY 12, 2013 AND THEREAFTER - In this Nov. 25, 2012 photo, firefighters rescue a man from a car crash in Sao Paulo, Brazil.  (AP Photo/Victor R. Caivano) SAO PAULO - The cars roll endlessly...

Bangladesh to raise wages

May 12, 2013 / 7:27 pm

Photo: The Canadian Press. All rights reserved. A Bangladeshi rescuer stands amid the rubble of a garment factory building that collapsed on April 24 as they continue searching for bodies in Savar, near Dhaka, Bangladesh, Sunday, May 12, 2013. Search teams resumed their...

Open for business

May 12, 2013 / 2:49 pm

The Regus offices are officially open for business in Kelowna. These turn-key flexible work spaces include a common area kitchen, reception, and business lounge and are available to rent for the hour or the month.      Photo: Contributed - Chris...

'Gatsby' earns $51.1M, 'Iron Man' $72.5M

May 12, 2013 / 8:43 am

Photo: The Canadian Press. All rights reserved. This film publicity image released by Warner Bros. Pictures shows Leonardo DiCaprio as Jay Gatsby in a scene from "The Great Gatsby." (AP Photo/Warner Bros. Pictures) Gatsby looks almost as great as a...

Chrysler recalls nearly 470,000 SUVs

May 11, 2013 / 9:30 am

Photo: The Canadian Press. All rights reserved. FILE - In this Thursday, June 16, 2005 file photo, the 2006 Jeep Commander sits on display at Chelsea Proving Grounds in Chelsea, Mich. Chrysler is recalling 469,000 Jeep SUVs worldwide because they can shift into neutral...



Today's Market

S&P TSX 12613.05 +105.45
S&P CDNX 934.68 +1.82
DJIA 15335.28 -19.12
Nasdaq 3498.965 +33.722
S&P 500 1666.29 -1.18
Gold 1386.50 +2.20
Lumber 316.00 -4.50
Oil 96.62 +0.60
Natural Gas 4.09 +0.035
CDN Dollar 0.9766 N/A

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Okanagan Companies

Sun Rype 6.00 0.00
Pacific Safety 0.045 +0.005
Knighthawk 0.02 0.00
QHR Technologies Inc 0.55 -0.03
Cantex 0.015 0.00
Anavex Life Sciences 0.53 -0.01
Metalex Ventures 0.075 -0.005
Russel Metals 26.65 -0.25
Copper Mountain Mining 1.52 -0.16
Colorado Resources 1.48 +0.46
ReliaBrand Inc 0.13 0.00

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Tips for a stress-free summer move

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Income properties for sustained recovery

It appears as though more people these days are looking for an investment in real estate which offers cash flow returns. The fundamentals of cash flow type properties had been turned upsi...


Get in the Loop

Getintheloop Marketing Ltd. recently launched their membership platform, Getintheloop.ca. The new website offers an exclusive members area for access to discounts in the South Okanagan on premium res...

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