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Business News

New York City condo building to offer $1 million parking spots; that's $6,666 per square foot

Sep 9, 2014 / 2:36 pm

NEW YORK, N.Y. - A condo development in New York City's pricy SoHo neighbourhood is charging for a parking spot as much as it would cost to buy a nice house in...

Trial into alleged Ponzi scheme delayed until next week to pick new jurors

Sep 9, 2014 / 2:32 pm

CALGARY - The trial of two Calgary men accused in a massive Ponzi scheme has been delayed while new jurors are selected.By the trial's second day, four of 16...

Utah author says woman plagiarized her Christian romance novel, added sex scenes

Sep 9, 2014 / 2:06 pm

SALT LAKE CITY - A Utah author says a schoolteacher plagiarized her Christian romance novel, added graphic sex scenes and passed it off as her own.In a case she...

Canadian Tire to add digital option to its famous Canadian Tire money program

Sep 9, 2014 / 1:54 pm

TORONTO - Tired of that wad of crumpled Canadian Tire bills in your car glove box? Canadian Tire has an app for that.The retailer unveiled plans Tuesday that...

Ontario civil service managers get $4,500 payments, but don't call them bonuses

Sep 9, 2014 / 1:50 pm

TORONTO - Nearly half of Ontario's civil service managers will receive lump-sum payments worth a total of $17.5 million this week, but the province's...

Most actively traded companies on the TSX

Sep 9, 2014 / 1:46 pm

Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (15,536.81, up 27.42 points):Canadian Zinc Corp....

Gold stocks, telcos boost TSX, Apple unveils smartwatch, larger iPhones

Gold stocks, telcos boost TSX, Apple unveils smartwatch, larger iPhones

Sep 9, 2014 / 1:40 pm

TORONTO - Rising gold and telecom stocks helped give the Toronto stock market a modest advance Tuesday.The S&P/TSX composite index gained 27.42 points to...

Nike is among companies to end business relationships with ex-Baltimore Ravens player Ray Rice

Sep 9, 2014 / 1:24 pm

Ray Rice's indefinite suspension from the NFL for domestic violence will cost him income from endorsements in addition to his $4 million in salary.Nike and...

Canadian dollar little changed amid mid-summer slip in housing starts

Sep 9, 2014 / 1:20 pm

TORONTO - The Canadian dollar closed little changed Tuesday amid data showing a mid-summer deterioration in Canadian housing starts.The loonie edged up 0.02 of...

House GOP to unveil temporary spending bill; leaders determined to avert repeat shutdown

Sep 9, 2014 / 12:52 pm

WASHINGTON - Republicans controlling the House are set to unveil a short-term spending bill on Tuesday with new funds to battle the Ebola outbreak but no...

APPLE LIVE: 2 Larger iPhones, wearable devices expected at Apple show

Sep 9, 2014 / 11:06 am

CUPERTINO, Calif. - Apple's larger iPhones won't just have bigger screens. They'll have a new, horizontal viewing mode to take advantage of the larger...

QuickList: Some unusual items purchased with Canadian Tire money

Sep 9, 2014 / 10:16 am

TORONTO - Some of the more unusual items customers have purchased with Canadian Tire money: - In 2013, Toronto folksinger Corin Raymond used $7,333.75 in...

Owner of Trump casinos in Atlantic City files for Chapter 11, threatens to close Taj Mahal

Sep 9, 2014 / 9:50 am

ATLANTIC CITY, N.J. - Trump Entertainment Resorts filed for bankruptcy Tuesday and threatened to shut down the Taj Mahal Casino Resort, which would make it the...

With polls tight on Scottish independence, rest of UK worries about risks of breakaway

With polls tight on Scottish independence, rest of UK worries about risks of breakaway

Sep 9, 2014 / 9:16 am

BERWICK-UPON-TWEED, England - All Gavin Jones has to do is scan the shelves of his impossibly quaint shop on England's border with Scotland to know...

Canada Mortgage and Housing Corporation says starts were down in August

Sep 9, 2014 / 7:38 am

OTTAWA - The annual pace of housing starts in Canada slowed in August to 192,368 units, down from 199,813 in July, according to the Canada Mortgage and Housing...

Technology available today for cars to find space, park themselves, but hurdles remain

Sep 9, 2014 / 12:24 am

DETROIT - With a thumb swipe on a smartphone, your car one day will be able to drive into a parking deck, find an open spot and back into a space — all...

Home Depot confirms data breach, says it affected customers in Canada, U.S.

Sep 8, 2014 / 6:36 pm

TORONTO - Home Depot has confirmed that security at its payment system was breached and that customers who made credit card purchases at its Canadian and U.S....

Google says no to online regulations as CRTC starts hearings

Google says no to online regulations as CRTC starts hearings

Sep 8, 2014 / 6:18 pm

GATINEAU, Que. - Online delivery services such as Netflix and YouTube would be harmed — as would consumers — if regulations for Canada's broadcast...

British pound sinks, independence opponents scramble after Scottish separatists surge in polls

Sep 8, 2014 / 4:54 pm

LONDON - Britain's main political leaders scrambled Monday to offer Scotland greater autonomy in a last-minute bid to stave off independence, as the pound sank...

Trial begins into alleged Ponzi scheme called largest in Canadian history

Sep 8, 2014 / 3:04 pm

CALGARY - A trial began Monday into an alleged multimillion-dollar Ponzi scheme that investigators say bilked thousands of investors around the world.Gary...

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