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Business News

Valeant Pharmaceuticals to buy PreCision Dermatology for up to $500 million

Feb 3, 2014 / 12:40 pm

LAVAL, Que. - Valeant Pharmaceuticals International, Inc. (TSX:VRX) has agreed to pay up to $500 million for a U.S. company that makes prescription and...

Provinces to make Kenney counter-offer on Canada Job Grant in meeting Tuesday

Feb 3, 2014 / 12:40 pm

OTTAWA - The provinces are poised to make Jason Kenney a counter-offer on the Canada Job Grant that they hope will result in a deal on the proposed national job...

Super Bowl ads tread lightly so as not to offend millions of viewers

Feb 3, 2014 / 11:58 am

NEW YORK, N.Y. - What Super Bowl ads will people discuss over the water cooler a day after the big game?There were no crude jokes. Sexual innuendo was kept to a...

Yellen sworn in as Fed chair becoming first woman to lead central bank in its 100-year history

Feb 3, 2014 / 10:22 am

WASHINGTON - Janet Yellen was sworn in Monday to succeed Ben Bernanke, becoming the first woman to lead the Federal Reserve in its 100-year history.Yellen, who...

Given Imaging wins US approval for pill camera in patients who have trouble with colonoscopy

Feb 3, 2014 / 10:18 am

WASHINGTON - Given Imaging Ltd. said Monday it has won U.S. approval for an ingestible pill camera that can help doctors screen the large intestine for polyps...

Cars talking to each other? Government to propose new rule in hopes of preventing collisions

Feb 3, 2014 / 10:18 am

WASHINGTON - Raising hopes of preventing many collisions, transportation officials say they'll propose requiring that automakers equip new cars and light trucks...

TD estimates home prices 10 per cent overvalued based on rate expectations

Feb 3, 2014 / 10:16 am

TORONTO - Canadian home prices are likely about 10 per cent overvalued given the expectations for rising interest rates, TD Bank said in a report...

Ford, GM, Toyota sales tumble with January temperatures; Chrysler and Nissan US sales up

Feb 3, 2014 / 10:16 am

DETROIT - Frigid temperatures and snowy weather generally kept buyers away from auto showrooms last month, with Ford, General Motors, Toyota and Volkswagen all...

Grain backlog prompts Ottawa to keep closer tabs on rail companies: Ritz

Feb 3, 2014 / 9:50 am

WINNIPEG - A transportation bottleneck that has left a bumper crop of grain still sitting in some fields is prompting Ottawa to keep closer tabs on rail...

'Ride Along' No. 1 film for third straight week

'Ride Along' No. 1 film for third straight week

Feb 3, 2014 / 9:34 am

LOS ANGELES, Calif. - With Super Bowl XLVII weekend in full swing, "Ride Along" remained strong, steering Universal Pictures into the No. 1 slot in a...

Traders to watch energy, airline earnings; look for improvement in job creation

Feb 3, 2014 / 9:34 am

TORONTO - Traders have plenty to focus on this week, including the latest employment data from Canada and the United States, following a disappointing January...

Songs by U2, Bob Dylan, others play starring role in Super Bowl ads

Feb 3, 2014 / 8:48 am

NEW YORK, N.Y. - Music is taking centre stage at the Super Bowl — and not just during the halftime show.Bank of America will have rock band U2 sing a new...

IMF: Canadian economy to grow, slightly, by 2.2 per cent in 2014

Feb 3, 2014 / 8:18 am

WASHINGTON - The International Monetary Fund expects the Canadian economy to improve in 2014, albeit very slightly.The organization has released a projection...

Quebec, Bombardier founding family announce $1-billion cement project in Gaspe

Feb 3, 2014 / 8:12 am

GASPE, Que. - Bombardier's founding family is tapping into public funds by partnering with the Quebec government and two provincial agencies to invest more...

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

Feb 3, 2014 / 6:28 am

TORONTO - Some of the most active companies traded Friday on the Toronto Stock Exchange and the TSX Venture Exchange:Toronto Stock Exchange (13,694.94 down...

Stock markets lower, traders take profits amid eurozone inflation concerns

Feb 3, 2014 / 5:58 am

TORONTO - The Toronto stock market closed in the red on the final day of January trading on Friday as worries about European deflation and currency troubles in...

Pump prices slipped average 4 cents in January as cold weather kept drivers home; oil lower

Feb 3, 2014 / 5:48 am

NEW YORK, N.Y. - Benchmark West Texas Intermediate crude for March delivery fell 74 cents to close at US$97.49 a barrel on Friday, closing out a month in which...

Alberta hearings on oilsands odours wrap up, report due by March 31:Regulator

Feb 3, 2014 / 4:20 am

PEACE RIVER, Alta. - Hearings in northwestern Alberta about odours blamed on oilsands processing have wrapped up. People in two communities near Peace River say...

Company tied to St. Louis Rams owner Kroenke buys L.A. property, raises questions about a move

Feb 3, 2014 / 4:04 am

ST. LOUIS - A company tied to St. Louis Rams owner Stan Kroenke has purchased a prime piece of land in the Los Angeles area amid speculation the NFL franchise...

Super Bowl ads tread lightly so as not to offend millions of viewers

Feb 2, 2014 / 9:12 pm

NEW YORK, N.Y. - What Super Bowl ads will people discuss over the water cooler a day after the big game?There were no crude jokes. Sexual innuendo was kept to a...

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