Business News
Ontario's deep cuts
There will be less spending on roads and bridges and increased fees for businesses when Ontario's minority Liberal government tables its budget March 27,...
PayPal launches mobile payments
PayPal has launched a mobile payments service that lets businesses accept credit cards using a small triangular card reader attached to an iPhone. Called...
Cisco to acquire video tech company
Cisco says it plans to buy digital video technology company NDS Group Ltd. for about $5 billion including the assumption of debt and incentives. San Jose,...
Toronto to get Uber luxury cabs
Betting that Canadian big-city dwellers are tired of dealing with cabs that take forever to arrive and the discomfort of sliding across grimy backseats,...
Loonie higher amid rising commodities
The Canadian dollar was little changed against the American currency Thursday morning amid rising prices for oil and metals. The commodity-sensitive currency...
TSX advances amid slow US economy
The Toronto stock market advanced Thursday as further confirmation the U.S. economy continues its slow but steady revival pushed commodity prices higher. The...
Tumbling TSX
The Toronto stock market closed sharply lower as falling commodities took a big bite out of resource stocks. The S&P/TSX composite index dropped 159.8...
A wireless announcement due today
There's talk that the federal government is about to clarify the rules for the next auction of wireless spectrum used in mobile communications networks....
Economy sparked by production
Statistics Canada says the economy operated at 80.5 per cent of its production capacity in the fourth quarter, up half a point from the third quarter. The...
Mega drop for Mega Brands' shares
Mega Brands shares plummeted Wednesday after the toy maker disclosed disappointing fourth quarter results that were hurt by challenging holiday sales,...
TSX declines on good news from U.S. banks
The S&P/TSX composite index dropped 162.55 points to 12,375.14, led by sliding gold stocks as improving sentiment about the U.S. economy continued to punish...
Goldman Sachs culture of greed
An executive director at investment giant Goldman Sachs resigned via a scathing article posted opposite the editorial page in the New York Times on Wednesday,...
Loonie down amid lower commodities
The Canadian dollar was lower Wednesday amid sliding prices for oil and metals. The commodity-sensitive currency was down 0.17 of a cent to 100.92 cents US....
Stocks up
The Toronto stock market closed higher Tuesday as the U.S. Federal Reserve offered further indications that the economic recovery south of the border is...
Loonie closes up on retail recovery
The Canadian dollar closed higher Tuesday, supported by rising commodities amid further confidence that the U.S. economic recovery is on track. The loonie...
Job finder: 25,000 NYers hired
Gov. Andrew Cuomo says more than 25,000 New Yorkers have landed jobs in the last four months through the innovative "Jobs Express" website. The state...
Stocks up amid U.S. retail data
The Toronto stock market was well into positive territory late morning Tuesday as a strong U.S. retail sales number reinforced the view that the American...
Challenging China at the WTO
The United States, the European Union and Japan are filing complaints with the World Trade Organization charging that China is limiting its export of rare...
Canadian dollar rises
The Canadian dollar was higher Tuesday as traders looked to a mid-afternoon announcement by the U.S. Federal Reserve on interest rates. The loonie was up 0.18...
Canadian dollar rises
The Canadian dollar was higher Tuesday as traders looked to a mid-afternoon announcement by the U.S. Federal Reserve on interest rates. The loonie was up 0.18...