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Business News

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...

Most actively traded companies on the TSX, TSX Venture Exchange markets

Feb 11, 2014 / 9:38 am

TORONTO - Some of the most active companies traded Monday on the Toronto Stock Exchange and the TSX Venture Exchange:Toronto Stock Exchange (13,794.18 up 7.68...

Blast at NH ball bearings plant shakes walls, breaks windows, injures 15 people; cause unknown

Blast at NH ball bearings plant shakes walls, breaks windows, injures 15 people; cause unknown

Feb 11, 2014 / 9:06 am

PETERBOROUGH, N.H. - An explosion rocked a small-town ball bearings plant on Monday, shaking walls, shattering windows and sending at least 15 people to the...

Wynne marks first anniversary as premier with call for opposition budget ideas

Feb 11, 2014 / 7:58 am

TORONTO - Kathleen Wynne is marking her one-year anniversary as premier of Ontario by suggesting she's in no rush for a general election, even though the...

TSX closes little changed after modest gain, traders look to Fed chair comments

Feb 11, 2014 / 7:00 am

TORONTO - The Toronto stock market closed little changed Monday as traders looked for direction following volatile trading last week.The S&P/TSX composite index...

Augusta stock soars following takeover bid from largest shareholder, HudBay

Feb 11, 2014 / 6:42 am

TORONTO - HudBay Minerals Inc. says shareholders of Augusta Resources Corp. would be wise to accept its all-stock takeover offer because the junior mining...

Loonie closes lower after string of gains, markets look to new budget

Loonie closes lower after string of gains, markets look to new budget

Feb 11, 2014 / 5:32 am

TORONTO - The Canadian dollar closed lower Monday, ending a string of seven consecutive trading days of gains.The loonie was off 0.13 of a cent to 90.46 cents...

WeatherNation TV flies onto radar as Weather Channel hunkers down in dispute with DirecTV

Feb 11, 2014 / 5:28 am

A sudden change in the weather means real money for Paul Falavolito. When a snowstorm rolls in, the chief of a small, non-profit ambulance service in White Oak,...

Oil in first close above US$100 this year; markets await Yellen comments

Feb 11, 2014 / 4:34 am

NEW YORK, N.Y. - Oil prices rose slightly Monday, enough to close above US$100 a barrel for the first time this year.Investors are awaiting the first public...

As energy firms post results, investors eye strategic shifts, natural gas prices

Feb 11, 2014 / 4:30 am

CALGARY - This week will see a parade of quarterly earnings from some big energy names, including two Calgary-based companies that are in the thick of strategic...

Poll finds broad support for budget balance as feds poised for black ink in 2015

Feb 11, 2014 / 1:32 am

OTTAWA - Jim Flaherty has been signalling for months that fiscal Valhalla is just over the horizon.Today, the only finance minister Stephen Harper has ever...

Gold miners look to a difficult 2013 behind them with earnings expected

Feb 11, 2014 / 1:26 am

OTTAWA - Canada's big gold miners are set this week to report their quarterly and full-year earnings for a year that many will likely be happy to put behind...

Events on the Hill today: Finance Minister Flaherty unveils his latest budget

Feb 11, 2014 / 1:26 am

OTTAWA - It's budget day on Parliament Hill.That's when journalists and economic analysts get locked in a room all day and try to decipher hundreds of pages of...

Uranium miner Cameco says 2018 production target no longer makes sense

Feb 10, 2014 / 9:46 pm

Cameco chief executive Tim Gitzel says it no longer makes sense for the company to keep to its goal of producing 36 million pounds of uranium a year by 2018.The...

Investors await Fed Chair Yellen's first testimony for signals on interest rates and economy

Feb 10, 2014 / 9:46 pm

WASHINGTON - Federal Reserve Chair Janet Yellen can expect global financial markets to scrutinize her first public remarks since taking over the Fed's...

Federal appeals panel in NY restores Apple monitor but spells out limits to his authority

Feb 10, 2014 / 4:24 pm

NEW YORK, N.Y. - A court-appointed monitor evaluating Apple's antitrust policies can resume his work but must adhere to the strict limits on his duties spelled...

Canadian CEOs call on Tories to end Mexican travel visa ahead of Harper visit

Feb 10, 2014 / 3:02 pm

OTTAWA - Canada's senior business leaders are urging the Harper government to lift its "intrusive" visa on Mexican travellers ahead of the prime minister's own...

Federal budget to include promise to take on Canada-U.S. price gaps: official

Feb 10, 2014 / 3:02 pm

OTTAWA - The governing Conservatives will use Tuesday's federal budget to unveil a crackdown on multinational companies that charge Canadian customers more than...

Hasbro 4th-quarter results miss Wall Street's view, weighed down by charges

Feb 10, 2014 / 2:58 pm

PAWTUCKET, R.I. - Hasbro's fourth-quarter net income edged down, a disappointing holiday season hurt by one-time charges and weak sales of its Beyblade spinning...

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