US factory orders drop 0.9 per cent in October on fewer orders for aircrafts...
WASHINGTON - U.S. factories received fewer orders in October, as aircraft demand fell and businesses cut back on computers. The decline suggests companies were hesitant to invest during the 16-day...
View ArticleDollarama won't tinker with prices to adjust to falling Canadian dollar
MONTREAL - Dollarama says the falling Canadian dollar is challenging the discount chain's efforts to find low-priced new products, but it won't tinker with prices to compensate for currency...
View ArticleBudget Surplus May Only Materialize Through High EI Premiums; Restraint:...
OTTAWA - The Harper government may need to depend on artificially high EI premiums, asset sales and spending restraint to balance the budget in time for the 2015 election, the federal budget watchdog...
View ArticleAt Long Last, Twitter Has A Female Board Member
NEW YORK (AP) — Twitter has named Marjorie Scardino as a director, adding a woman to the all-white male board for which it's been sharply criticized. Scardino, 66, was the CEO of Pearson PLC, a...
View ArticleSun Media Sells 74 Newspapers In Quebec For $75 Million
MONTREAL - Sun Media is ending a battle in Quebec with media rival Transcontinental by agreeing to sell its 74 publications and related websites for $75 million as it continues to adjust to a loss of...
View ArticleStocks head for a fifth straight loss on Wall Street; Retailers drop on weak...
NEW YORK, N.Y. - Stocks are mostly lower on Wall Street in early trading as retailers report weak results.Aeropostale fell after reporting a loss in the third quarter as the teen retailer slashed...
View ArticleStephen Harper, Kathleen Wynne Meet As Tories Reject Look Into Ring Of Fire
OTTAWA - Premier Kathleen Wynne has emerged from a meeting with Stephen Harper satisfied that she has the prime minister's ear on a massive mineral development in northern Ontario."I'm more optimistic...
View ArticleBarrick Gold critic says Munk's departure will be a positive but concerns remain
OTTAWA - The retirement of Peter Munk and a revamp of the board at Barrick Gold are seen as positive moves by a U.S. fund manager who has been critical of the gold miner, but he still has concerns.Mike...
View ArticlePrecision Drilling shares plummet as Alberta fund manager sells stake
CALGARY - Shares in Precision Drilling Corp. (TSX:PD) dropped Thursday as its largest shareholder, Alberta Investment Management Corp., sold its entire 20 per cent stake in the oilfield services...
View ArticleTiff Macklem moving on from Bank of Canada after losing out on top post
OTTAWA - The Bank of Canada is losing its second in command and according to analysts, one of its brightest minds.Senior deputy governor Tiff Macklem has announced he will step down on May 1 — about...
View ArticleTD Bank Q4 profit rises to $1.62 billion, adjusted earnings up but miss estimate
TORONTO - Toronto-Dominion Bank (TSX:TD) chief executive Ed Clark said challenges in its insurance and wholesale business this year led to underwhelming results, as earnings climbed a meagre one per...
View ArticleAuto insurers urge holiday season refresher as young drivers return home
TORONTO - It's the time of year when students return home from school to celebrate the holidays with their families and start the negotiations to borrow their parents' car.But insurance companies say...
View ArticleSpotify to allow users to create playlists on phones and tablets and listen...
LOS ANGELES, Calif. - Spotify, the Swedish music streaming service, is set to announce a new feature that will allow users to pick specific tracks and listen to them on mobile devices for free.That's...
View ArticleFirst Nations deeply mistrust energy sector: university study
CALGARY - A university study suggests Canada's First Nations harbour a deep mistrust of the oil and gas industry, but are willing to talk energy development if it can be proven to be beneficial to...
View ArticleProsecutors face difficult choices in NYC train derailment; drowsy driving...
NEW YORK, N.Y. - While the Metro-North Railroad is already getting hit with multimillion-dollar civil claims over a deadly commuter train derailment, prosecutors will face tough choices when deciding...
View ArticleE-commerce growth slowing in Canada as shoppers look to overseas e-stores
TORONTO, Cananda - E-commerce growth is slowing in Canada after "dropping dramatically" earlier this year, says one industry analyst, who notes Canadians have become increasingly wise to how much...
View ArticleNBC's 'Sound of Music' live telecast was Thursday's favourite thing with 18.5...
NEW YORK, N.Y. - "The Sound of Music" has the sound of a hit for NBC.The Nielsen ratings company says nearly 18.5 million viewers tuned to Thursday night's live telecast of the Rodgers and Hammerstein...
View ArticleStocks jump, breaking a five-day losing streak, after US reports more hiring...
NEW YORK, N.Y. - The stock market is up sharply after the U.S. government reported a big increase in hiring last month.The Dow Jones industrial average rose 155 points, or 1 per cent, to 15,978 as of...
View ArticleGovernments offer help to develop seal products in backing Atlantic industry
ST. JOHN'S, N.L. - Ottawa and Newfoundland and Labrador will spend almost $500,000 on a pilot project to offer seal meat at stores in Canada and overseas in the new year.Federal Fisheries Minister Gail...
View ArticleJim Flaherty: EI Funds Won't Be Used To Create Budget Surplus
MARKHAM, Ont. - Federal finance Minister Jim Flaherty is denying a federal watchdog analysis that says he's using high EI premiums to beef up his expected budget surplus in 2015."We do not take EI...
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