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Business News

Lights, camera, #MACtion: Commissioner says 13-year deal with ESPN provides stability

Aug 19, 2014 / 12:14 pm

Mid-American Conference Commissioner Jon Steinbrecher says the league's new 13-year media rights agreement with ESPN provides long-term stability to the...

Home Depot 2nd-quarter profit rises 14 per cent, tops estimate

Home Depot 2nd-quarter profit rises 14 per cent, tops estimate

Aug 19, 2014 / 10:26 am

ATLANTA - Home Depot's fiscal second-quarter net income surged 14 per cent thanks to a rebound in its spring selling season. The nation's largest home...

US home construction jumps 15.7 per cent in July to 1.09 million rate, fastest pace in 8 months

Aug 19, 2014 / 10:22 am

WASHINGTON - U.S. home construction rebounded in July, rising to an eight-month high and offering hope that housing has regained momentum after two months of...

Farmers hit by flooding, rail delays given more time to repay cash advances

Aug 19, 2014 / 9:48 am

OTTAWA - Western farmers unable to market last fall's crop due to rail delays and other transportation issues due to flooding have been granted more time to...

The Economist Intelligence Unit's most and least livable cities list

Aug 19, 2014 / 8:48 am

TORONTO - A quick list of the most and least livable cities according to a survey of 140 cities by the Economist Intelligence Unit: Top 10 Most Liveable Cities...

Willie Nelson, Neil Young to headline anti-Keystone XL oil pipeline concert in US field

Aug 18, 2014 / 7:48 pm

NELIGH, Neb. - Willie Nelson and Neil Young will headline a concert next month in a Nebraska cornfield organized by opponents of a proposed pipeline that would...

Officials at California slaughterhouse behind massive beef recall indicted on criminal charges

Aug 18, 2014 / 6:02 pm

SAN FRANCISCO - A Northern California slaughterhouse involved in a massive beef recall processed cows with cancer while U.S. livestock inspectors took lunch...

Dollar General offers about $8.95B for Family Dollar, starting bidding war with Dollar Tree

Aug 18, 2014 / 3:48 pm

NEW YORK, N.Y. - The nation's top dollar store chains are betting big that their once-thriving business will make a comeback if they band together.Dollar...

Massachusetts, New Hampshire governors step in to help negotiations in supermarket family feud

Aug 18, 2014 / 3:04 pm

BOSTON - As an employee revolt at a New England grocery store chain headed into its fifth week, the governors of Massachusetts and New Hampshire took the...

PG&E pleads not guilty to obstruction, other charges in deadly gas explosion in California

Aug 18, 2014 / 3:02 pm

SAN FRANCISCO - Pacific Gas & Electric Co. pleaded not guilty Monday to charges in a new indictment that accuses the utility of lying to federal investigators...

Most actively traded companies on the TSX

Aug 18, 2014 / 2:04 pm

Some of the most active companies traded Monday on the Toronto Stock Exchange:Toronto Stock Exchange (15,304.24, up 13.06 points):Mercator Minerals Ltd....

Manitoba government's credit outlook goes from stable to negative

Aug 18, 2014 / 1:34 pm

WINNIPEG - A major credit-rating agency has downgraded its outlook for the Manitoba government's finances and raised new doubts about the NDP's promise to...

TSX up amid bullish housing news, traders look to Fed for rate hike hints

Aug 18, 2014 / 1:30 pm

TORONTO - The Toronto stock market closed higher Monday as traders hoped for hints this week about when the U.S. Federal Reserve may move on hiking interest...

Canadian dollar rises, traders look to major Fed meeting for rate hike hints

Aug 18, 2014 / 1:24 pm

TORONTO - The Canadian dollar closed slightly higher Monday as geopolitical tensions eased and markets looked to the U.S. Federal Reserve and other economic...

NYC's Metropolitan Opera reaches deals with orchestra, chorus; talks continue with 10 unions

Aug 18, 2014 / 11:36 am

NEW YORK, N.Y. - New York's Metropolitan Opera reached tentative labour deals with two of its largest unions early Monday while negotiations continued with 10...

Obama administration wants cars to talk to each other, saying the technology will save lives

Aug 18, 2014 / 11:30 am

WASHINGTON - The Obama administration said Monday it is taking a first step toward requiring that future cars and light trucks be equipped with technology that...

UN urges Ebola-hit countries to start exit screening at airports, ports, major crossings

Aug 18, 2014 / 11:22 am

GENEVA - Ebola-affected countries should immediately begin exit screening all passengers leaving international airports, sea ports and major ground crossings,...

For highest salary increases in Canada, look to the oilpatch: Mercer survey

Aug 18, 2014 / 10:52 am

CALGARY - For the biggest pay hikes in Canada, look no further than the oilpatch.The energy sector continues to lead the country in both actual and projected...

Debbie Reynolds to receive Screen Actors Guild Life Achievement Award at January ceremony

Aug 18, 2014 / 10:46 am

LOS ANGELES, Calif. - The Screen Actors Guild is honouring Debbie Reynolds for her professional and humanitarian accomplishments.The guild announced Monday that...

Confidence among US homebuilders climbs to highest level since January; sales outlook improves

Aug 18, 2014 / 10:40 am

U.S. homebuilders are feeling more confident in their sales prospects headed into next year, a sign that home construction and sales of newly built homes may...

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