Illinois Tool Works sells packaging unit for $3.2 billion to The Carlyle Group
GLENVIEW, Ill. - Illinois Tool Works is selling its packaging division to The Carlyle Group for $3.2 billion and plans to use the money to buy back shares.Carlyle says the packaging division has 88...
View ArticleLinkedIn's stock falls after forecast of slowing growth, higher spending...
SAN FRANCISCO - LinkedIn finished last year with a strong showing, but the online professional networking service rattled already jittery investors by indicating its performance will weaken this year...
View ArticleGas shortage caused by frigid winter triggers call for power conservation in...
LOS ANGELES, Calif. - Californians were urged to voluntarily cut their electricity use Thursday in a rare mid-winter conservation alert, after frigid weather across the U.S. and Canada caused a...
View ArticleNew York welcomes Fashion Week with slush in the streets and boots on the...
NEW YORK, N.Y. - New York welcomed Mercedes-Benz Fashion Week Thursday amid icy sidewalks, crosswalks piled high with slush and temperatures in the 20s.Even dedicated fashionistas mostly wore boots to...
View ArticleCorrection to Feb. 6 story on trade
OTTAWA - The Canadian Press erroneously reported Feb. 6 that Statistics Canada revised its November estimate of Canada's international trade deficit from $900 million to $1.5 billion. In fact, the...
View ArticleDomtar says direct mail advertising will survive end of home delivery
MONTREAL - North America's largest producer of paper used for letters, envelopes and office equipment says the end of Canada Post home delivery won't mean the death of direct mail from...
View ArticleEBook Prices To Come Down After Deal: Competition Bureau
OTTAWA - Four major publishers of electronic books have signed an agreement with the Competition Bureau that is expected to lower prices for consumers by 20 per cent or more.The publishers have agreed...
View ArticleBig publishers sign deal, ebook prices expected to fall: Competition Bureau
OTTAWA - Four major publishers of electronic books have signed an agreement with the Competition Bureau that is expected to lower prices for consumers by 20 per cent or more.The publishers have agreed...
View ArticleCanada Budget Will Target Charities Over Terrorist Links: Flaherty
TORONTO - Jim Flaherty says he will outline plans to curb the link between terrorists, organized crime and charities, as part of the new federal budget due next week."There are some terrorist...
View ArticleGen X, Gen Y May Be Too Confident About House, Kids And Retirement
TORONTO - Take off the rose-coloured glasses, Generation X and Generation Y.That's the message from the Bank of Montreal Wealth Institute, which says young adults and teens may be overly confident...
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Neil Young Oilsands Remarks Unpopular With Albertans: Poll
Neil Young's controversial remarks about the Alberta oilsands sparked much debate across the country, but a new poll has found most Albertans don't necessarily agree with his analysis. In an online...
View ArticleRussia Seems To Think It Is Going To Beat Canada At Hockey... And Get The Girl?
Looks like the Russians are pretty confident they're going to beat Canada at hockey during the Sochi Olympics. The Olympics can for the Zhiguli brand beer from MosPivKom features an image straight from...
View ArticleOil briefly rises above $100 as demand for fuel rises, US job sentiment improves
NEW YORK, N.Y. - The price of oil briefly rose above US$100 a barrel for the first time this year on Friday on rising demand for fuel and some positive sentiment about the U.S. job market.Benchmark...
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Telus Outage Hits Central Canada, Alberta, B.C.
Telus says it has restored service to customers experiencing a wireless voice outage. Service was affected by a "technical issue," the telecom giant said Friday afternoon, a couple hours after...
View ArticleUS stock indexes end the week slightly higher, shaking off an early stumble;...
NEW YORK, N.Y. - The U.S. stock market is ending the week with a modest gain after investors found bright spots in the government's monthly employment survey.Higher earnings from several U.S. companies...
View ArticleLisa Raitt: Rail Safety Changes Will Curb Accidents At Crossings
OTTAWA - The federal government is proposing new safety regulations for level railway crossings.The proposed rules will reduce the number of accidents at so-called grade crossings where railway tracks...
View ArticleUnifor targets Resolute Forest Products to set pattern in contract talks
MONTREAL - The head of Canada's largest private-sector union wants to incite a debate about the future of the forestry sector and regain ground lost by workers during the recession in its first major...
View ArticleKeystone XL Pipeline Delay Won't Stop Alberta Oil Exports, Says Doer
EDMONTON - Canada's ambassador to the United States says stopping the Keystone XL pipeline won't stop an increasing amount of Alberta oil from getting to the Gulf Coast.Gary Doer says shipping oil by...
View ArticleOilsands Employees Rehired After Losing Jobs To Foreign Workers
FORT MCMURRAY, Alta. - The federal government says dozens of workers laid off in Alberta's oilpatch have jobs again, but a labour group says that's not the case and it points to a broken temporary...
View ArticleDuncan House Can Be Yours For $1, But You Have To Move It (PHOTOS)
Why does it seem like people are just giving away B.C. real estate these days? Just last month, two heritage homes near Boston Bar were put up for $1 each. Then a 122-year-old property in Vernon went...
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