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Business News

Petronas warns of LNG delay if government doesn't clarify rules by month's end

Oct 6, 2014 / 1:44 pm

CALGARY - The B.C. and federal governments could miss out on billions in liquefied natural gas investment for at least a decade unless, by the end of this...

TSX stalls ahead of earnings; Postmedia buys up Sun Media newspapers

Oct 6, 2014 / 1:40 pm

TORONTO - The Toronto stock market registered a loss Monday as early gains evaporated ahead of the start of third-quarter corporate earnings reports expected...

Loonie jumps, sharp rally in U.S. dollar takes a break;traders look to jobs data

Oct 6, 2014 / 1:26 pm

TORONTO - The Canadian dollar bounded ahead more than a cent Monday amid a pause in the strong rally of the U.S. currency.The loonie moved 1.02 cents to 89.84...

Alfresco Software settles lawsuit and agrees to license OpenText patents

Oct 6, 2014 / 11:06 am

WATERLOO, Ont. - Business software company OpenText (TSX:OTC) said Monday that Alfresco Software Ltd. has agreed to settle a patent lawsuit and license the...

Hewlett-Packard splits in 2, will focus on PC & printers vs data storage, servers and software

Hewlett-Packard splits in 2, will focus on PC & printers vs data storage, servers and software

Oct 6, 2014 / 10:44 am

NEW YORK, N.Y. - Hewlett-Packard is splitting itself into two companies, one focused on its personal computer and printing business and another on technology...

US safety regulators probe power steering problems in 938,000 Ford midsize cars

Oct 6, 2014 / 9:58 am

DETROIT - The U.S. government's auto safety regulator has opened an investigation into complaints that the power-assisted steering can suddenly fail on three...

Quebecor sells English papers to Postmedia Network for $316 million

Quebecor sells English papers to Postmedia Network for $316 million

Oct 6, 2014 / 8:52 am

TORONTO - Quebecor (TSX:QBR.A, TSX:QBR.B) has signed a deal to sell Sun Media Corp.'s English-language operations to Postmedia Network Canada Corp....

Air Canada reports 84.7 per cent September load factor, up from year ago

Oct 6, 2014 / 5:54 am

MONTREAL - Air Canada (TSX:AC.B) flights had fewer empty seats last month as the airline reported a load factor of 84.7 per cent for September, up from 83.2 per...

Encore shaking up Canadian regional flying as it prepares east and U.S. expansion

Oct 5, 2014 / 12:40 pm

MONTREAL - WestJet Encore is shaking up Canada's regional airline market, pressuring rivals to cut fares and lower costs as it prepares to expand its presence...

Call growing louder for national prescription drug plan

Oct 5, 2014 / 10:18 am

OTTAWA - It's a buzzword in the medical community, although one that hasn't quite caught fire yet with Canadians at large: pharmacare, a national program that...

'Gone Girl' tops 'Annabelle' in tight race at weekend box office

Oct 5, 2014 / 9:36 am

LOS ANGELES, Calif. - "Annabelle" couldn't scare off "Gone Girl" at the weekend box office.The Fox thriller starring Ben Affleck as a writer whose wife goes...

Toronto-based thermostat company Ecobee faces off with Google

Oct 5, 2014 / 7:04 am

TORONTO - Toronto-based company Ecobee beat a top Apple designer, Google, and industry giant Honeywell to what could potentially be a billion-dollar idea.Now,...

Markets set for further volatility, rising US$ hits resource stocks, commodities

Oct 5, 2014 / 7:02 am

TORONTO - The Toronto stock market is in for another week of sharp volatility and likely losses after a stronger American dollar left a trail of damage...

Loose crabs in plane's cargo hold briefly delay New York-to-North Carolina flight

Oct 3, 2014 / 6:42 pm

NEW YORK, N.Y. - If passengers on a delayed flight from New York to Charlotte, North Carolina, got a bit crabby, no one could really say they were being too...

Most actively traded companies on the TSX

Oct 3, 2014 / 2:06 pm

TORONTO - Some of the most active companies traded Friday on the Toronto Stock Exchange:Toronto Stock Exchange (14,789.78, up 29.14 points):RB Energy Inc....

Surge in hiring drives US unemployment down to 5.9 per cent - lowest level in 6 years

Oct 3, 2014 / 1:38 pm

WASHINGTON - A surge in hiring last month helped drive the nation's unemployment rate down to a six-year low of 5.9 per cent — within striking distance...

North American stock markets advance on strong U.S. employment data

Oct 3, 2014 / 1:26 pm

TORONTO - The Toronto stock market closed with a modest gain Friday even as a rebound in American job creation boosted confidence in the U.S. economy.The...

Canadian dollar drops sharply amid weak trade data, strong U.S. jobs report

Oct 3, 2014 / 1:20 pm

TORONTO - The Canadian dollar fell three-quarter of a U.S. cent Friday to close at a fresh six-month low as Canadian trade data for August widely missed...

'The Situation' gets arraignment in tax fraud case delayed while he films 'Marriage Boot Camp'

Oct 3, 2014 / 11:14 am

NEWARK, N.J. - A former member of the "Jersey Shore" case is delaying a court hearing in his tax fraud case so he can film another reality TV show.Mike "The...

Iamgold to sell Quebec niobium mine to Magris-led group in US$530-million deal

Oct 3, 2014 / 9:52 am

TORONTO - Iamgold Corp. (TSX:IMG) announced Friday it is selling its Niobec mine in Quebec and an adjacent property for about US$530 million, which the...

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