Business News
Most actively traded companies on the TSX, TSX Venture Exchange
TORONTO - Some of the most active companies traded Thursday on the Toronto Stock Exchange and the TSX Venture Exchange:Toronto Stock Exchange (14,909.63, up...
Priceline to pay $2.6 billion tab to buy online restaurant reservation company OpenTable
NEW YORK, N.Y. - Priceline has negotiated a $2.6 billion entree into the restaurant business.The global travel booking king announced Friday it is acquiring the...
Teen allegedly hacks Bell
The Mounties have charged a Quebec youth after the user names, passwords and credit-card information from some of Bell Canada's small-business customers...
Ski-Doo maker BRP to tap into growth in Chinese market with joint venture
VALCOURT, Que. - BRP Inc., the company that makes Ski-Doos and off-road vehicles, is hoping to tap into China's growing outdoor recreational industry by setting...
Wall Street's jitters over Iraq violence driving up pump prices in Canada
CALGARY - Conflict on the other side of the world is expected to drive up gasoline prices here in Canada.Roger McKnight, an analyst with En-Pro International,...
Canadian dollar gains amid higher oil prices, geopolitical unrest in Iraq
TORONTO - The Canadian dollar rose Thursday, pushed up by rising gold and oil prices amid a warning from the Bank of Canada over the hot housing market and...
Amazon launches music streaming for Prime members with Sony, Warner
LOS ANGELES, Calif. - Amazon's newly announced music streaming service is yet another attempt by the company to move beyond e-commerce and infuse itself into...
US retail sales post modest rise in May as consumers spend cautiously
WASHINGTON - U.S. retail sales rose modestly in May as consumers turned cautious in their spending. But the weaker-than-expected result is unlikely to derail...
Alaska weather service outposts to join nation with radio forecasts told in digital voices
ANCHORAGE, Alaska - Two outpost offices of the National Weather Service in Alaska are finally ending what has been a bygone practice for most of the nation for...
Alberta preparing homeowner energy efficiency rebate program for this fall
EDMONTON - Alberta is preparing a rebate program to encourage homeowners to purchase energy-efficient appliances and help the province reduce greenhouse gas...
Kathleen Wynne leads Liberal flock to improbable election victory
TORONTO - Ontario Premier Kathleen Wynne went into a 40-day election campaign facing a Red Sea of troubles: a massive $12.5-billion deficit, several spending...
Jean Chretien honoured with degree by University of Winnipeg
WINNIPEG - Former prime minister Jean Chretien is among five people who have received honorary degrees from the University of Winnipeg.He was awarded an...
New trial ordered for ex-BP engineer convicted of deleting texts on Gulf oil spill
NEW ORLEANS - A new trial was ordered Thursday for a former BP engineer convicted of deleting text messages related to the 2010 oil spill in the Gulf of...
BlackBerry strikes three-year mobile payment agreement with EnStream
BlackBerry has struck a three-year mobile payment agreement with EnStream, a joint venture between Canada's three biggest telecom companies, Bell (TSX:BCE),...
Arrests show that even messages between BlackBerrys can be intercepted
TORONTO - Touted as one of the most secure ways to communicate, BlackBerry smartphones have been put in the spotlight after several police investigations said...
Dollarama says profit, sales up despite impact of bad winter weather
MONTREAL - Discount retailer Dollarama Inc. says sales rose by almost 12 per cent to $501.1 million in the first quarter, despite challenging weather conditions...
US businesses boost stockpiles 0.6 per cent in April, largest gain in 6 months as sales rise
WASHINGTON - U.S. businesses increased their stockpiles in April by the largest amount in six months, signalling business optimism that future demand will keep...
Canadian home prices up in May, rising 0.8 per cent: Teranet housing index
MONTREAL - Canadian home prices were up in May, rising 0.8 per cent over the previous month, according to the Teranet–National Bank National Composite...
New house prices up 0.2 per cent in April, Statistics Canada says
OTTAWA - Statistics Canada says its new housing price index rose 0.2 per cent in April, following identical increases in both February and March.The agency says...
US stock market remains lower at midday on so-so economic data and weaker airline stocks
U.S. stocks are falling at midday as lacklustre news about the economy and declines in airline stocks weigh on the market.The Dow Jones industrial average was...