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Business News

At NJ casino's Bacon Week, you can eat it, drink it - and even brush your teeth with it

Feb 11, 2014 / 2:44 pm

ATLANTIC CITY, N.J. - Get ready for bacon like you've never eaten, drunk or worn it before.Bacon milkshakes. Chocolate-covered bacon shaped like roses....

CVS Caremark's 4th-quarter profit jumps more than 12 per cent, 1st-quarter forecast rises

CVS Caremark's 4th-quarter profit jumps more than 12 per cent, 1st-quarter forecast rises

Feb 11, 2014 / 2:06 pm

CVS Caremark shares outpaced the broader market Tuesday after the drugstore chain raised its earnings forecast for the start of 2014 and reassured investors...

Quebec mining investment took deeper plunge than forecast last year

Feb 11, 2014 / 2:06 pm

MONTREAL - Investments in Quebec's mining sector plunged deeper than expected last year, declining nearly 37 per cent from a record year in 2012 and marking the...

Budget squeeze continues but federal deficit all but gone this year: Flaherty

Feb 11, 2014 / 2:06 pm

OTTAWA - The Conservative government continues to ratchet in the iron corset that will squeeze an eye-catching election-year surplus for the Canadian body...

Some highlights from Finance Minister Jim Flaherty's 2014 federal budget

Feb 11, 2014 / 1:52 pm

OTTAWA - Some highlights of the federal budget delivered Tuesday by Finance Minister Jim Flaherty:— The budget is close to balance, with a $2.9-billion...

Obama: US will come down 'like a ton of bricks' on companies that violate Iran sanctions

Feb 11, 2014 / 1:36 pm

WASHINGTON - President Barack Obama says companies that explore business possibilities in Iran do so at their own risk. He says if they violate sanctions...

Road to balanced books cuts directly through federal public service

Feb 11, 2014 / 1:28 pm

OTTAWA - The Conservative government's march toward balanced budgets cuts directly through the federal public service.Of all the line items in the balance sheet...

Budget includes small-ticket items tucked among the billion-dollar ideas

Feb 11, 2014 / 1:18 pm

OTTAWA - Federal budgets usually deal in big numbers, throwing billions around, but this year's document gets down to some real microeconomics.Many budget items...

Tories forge ahead on job grant, vow to enforce it with or without provinces

Feb 11, 2014 / 1:18 pm

OTTAWA - The federal budget makes clear Ottawa will enforce the contentious Canada Job Grant in just six weeks, with or without co-operation from the provinces...

Text of Finance Minister Jim Flaherty's budget speech in the House of Commons

Feb 11, 2014 / 1:18 pm

OTTAWA - Mr. Speaker, nearly 150 years ago, Canada was founded with fiscal responsibility as its cornerstone. The men and women who carved this great country...

US wholesalers increase stockpiles just 0.3 per cent in December, smallest gain since last July

Feb 11, 2014 / 1:16 pm

WASHINGTON - U.S. wholesale businesses increased their stockpiles in December at the slowest pace since last summer, another sign that the economy lost some...

US job openings fall from near 5 1/2-year high, hiring slips in latest signs of weaker job market

Feb 11, 2014 / 1:16 pm

WASHINGTON - U.S. employers posted fewer job openings in December and hiring slowed, adding to evidence that the job market weakened that month.Still, the...

Tobacco firm Reynolds American 4Q profit more than doubles on higher prices, lower legal costs

Feb 11, 2014 / 1:16 pm

RICHMOND, Va. - Reynolds American Inc.'s fourth-quarter profit more than doubled as higher prices and lower legal expenses offset a decline in cigarette sales,...

Conservatives hike excise duties on cigarettes in $700-million tax grab

Feb 11, 2014 / 1:16 pm

OTTAWA - Long the whipping boys of revenue-hungry governments, Canadian smokers are now the target of the Conservative crusade against the deficit.The Tories...

Airbus seals big A320 order from low cost carrier VietJetAir

Feb 11, 2014 / 1:14 pm

SINGAPORE - VietJetAir says it signed a deal to buy more than 90 A320 jets from Airbus that is worth about $9.1 billion at sticker prices.The discount airline...

Budget littered with items that have no cost but sound like a million bucks

Feb 11, 2014 / 1:14 pm

OTTAWA - The Harper government's latest budget is chock full of items that don't cost a penny but sure sound like a million bucks.The no-cost list includes...

Ottawa plans to spend $631 million over two years on Windsor bridge

Feb 11, 2014 / 1:14 pm

OTTAWA - Ottawa is giving a boost to southwestern Ontario's battered manufacturing sector with more than $1 billion in spending over the next two years to help...

Offering business a compromise, White House delays health law coverage mandate for some firms

Offering business a compromise, White House delays health law coverage mandate for some firms

Feb 11, 2014 / 12:34 pm

WASHINGTON - Angling to avoid political peril, the Obama administration Monday granted employers another delay in a heavily criticized requirement that...

In the U.S., a long, stressful game of fiscal Russian roulette draws to a close

Feb 11, 2014 / 12:34 pm

WASHINGTON - A high-stakes, multi-year battle over the U.S. debt ceiling appears to be winding down with Republicans throwing in the towel Tuesday.President...

In latest push for Time Warner Cable, Charter to nominate full slate of 13 to rival's board

Feb 11, 2014 / 10:22 am

STAMFORD, Conn. - Charter Communications Inc. said Tuesday that it's nominating a full slate of 13 candidates for election to Time Warner Cable Inc.'s board as...

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