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Business News

Ontario's deep cuts

Mar 15, 2012 / 1:01 pm

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

Mar 15, 2012 / 12:59 pm

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

Mar 15, 2012 / 10:50 am

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

Mar 15, 2012 / 7:54 am

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

Mar 15, 2012 / 7:52 am

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

Mar 15, 2012 / 7:48 am

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

Mar 14, 2012 / 1:24 pm

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

Mar 14, 2012 / 11:15 am

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

Mar 14, 2012 / 9:24 am

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

Mar 14, 2012 / 9:20 am

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

Mar 14, 2012 / 9:14 am

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

Mar 14, 2012 / 9:09 am

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

Mar 14, 2012 / 7:40 am

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

Mar 13, 2012 / 1:52 pm

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

Mar 13, 2012 / 1:50 pm

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

Mar 13, 2012 / 11:38 am

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

Mar 13, 2012 / 8:59 am

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

Mar 13, 2012 / 7:39 am

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

Mar 13, 2012 / 7:38 am

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

Mar 13, 2012 / 7:38 am

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...

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