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Transport Canada says Mazda recalling 20,531 Tribute SUVs to fix power steering

OTTAWA - Transport Canada says 20,531 Mazda Tribute sports utility vehicles are being recalled to fix a problem that could result in an immediate loss of power steering assistance without warning to...

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Seattle activists hope $15 minimum wage will inspire higher wages across U.S.

SEATTLE - Seattle activists celebrated a successful campaign to gradually increase the city's minimum wage to $15 by calling for a national movement to close the income and opportunity gaps between...

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Seattle's $15 Minimum Wage Meant To Inspire The Rest Of The Country

SEATTLE - Seattle activists celebrated a successful campaign to gradually increase the city's minimum wage to $15 by calling for a national movement to close the income and opportunity gaps between...

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In coal country, news of another rule taking aim at coal greeted warily

PRESTONSBURG, Ky. - President Barack Obama's ambitious plan to reduce the gases blamed for global warming from the nation's power plants gives many coal-dependent states more lenient restrictions and...

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Sony pulls plug on PlayStation Portable, pushes new Vita as consumers move to...

TOKYO - Sony Corp. is pulling the plug on its hand-held PlayStation Portable video game machine after 10 years.The Japanese electronics and entertainment company has been pushing the successor machine,...

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Eurozone inflation falls to 0.5 per cent, adds pressure on central bank to...

FRANKFURT - Inflation in the eurozone sagged more than expected to 0.5 per cent in May, increasing pressure on the European Central Bank to take action this week to support the weak economic...

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Nova Scotia, P.E.I. Lobster Fisheries Shut Down

The lobster fishery in Nova Scotia has come to a standstill, and some P.E.I. fishermen have been told to tie up their boats. In Nova Scotia, lobster pounds and plants are at near capacity. P.E.I....

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Hillshire Brands board decides to hold talks with rival bidders Tyson Foods,...

NEW YORK, N.Y. - Hillshire Brands says it will hold separate talks with Pilgrim's Pride and Tyson Foods, as the two meat processing heavyweights engage in a bidding war for the maker of Jimmy Dean...

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Retailer Hudson's Bay Company posts first-quarter Q1 profit on higher sales

TORONTO - Hudson's Bay Company (TSX:HBC) is reporting first-quarter net earnings of $176 million and boosted its retail sales to $1.85 billion in the post-holiday period.The retailer earned 97 cents...

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TSX declines amid eurozone inflation worries, Hudson's Bay earnings

TORONTO - The Toronto stock market was lower Tuesday as further weak inflation data from the eurozone raised expectations that the European Central Bank will take action to support a fragile...

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Loonie loses ground as markets look to Bank of Canada interest rate announcement

TORONTO - The Canadian dollar was lower as markets speculated about what message the Bank of Canada will deliver in its next scheduled interest rate announcement on Wednesday.The loonie fell 0.07 of a...

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Start of 'Sixties' a bright spot for CNN during rough times for news networks

NEW YORK, N.Y. - During some perilous times for the cable news networks, CNN is finding, to its relief, that there's still some resonance to the 1960s.The Nielsen company said that the start of a...

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Plains Midstream Fined $1.3 Million After Guilty Plea In Alberta Spills

RED DEER, Alta. - A pipeline company has been fined after pleading guilty in two spills that sent a total of nearly five million litres of oil into Alberta rivers and wetlands.Plains Midstream Canada...

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Michigan Senate OKs $195 million for Detroit in governor-backed plan to end...

LANSING, Mich. - Michigan's Senate approved on Tuesday spending $195 million to help prevent steeper cuts in Detroit retiree pensions, linking the state with a deal designed to shield valuable...

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While budget vacationers couch-surf, the rich ask for 6-bedroom suites

NEW YORK, N.Y. - Private elevators, personal shopping assistants, six-bedroom suites with their own postal codes. Even helipads. This is what the super-rich have come to expect from hotels.For others,...

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C.D. Howe's modest proposal on pensions: change RIFF drawdown rules

OTTAWA - The C.D. Howe Institute says it no longer makes sense to have strict rules that force retirees to draw down their registered income funds as they age and says changes are needed so seniors...

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Anti-flood projects include ripping up city asphalt to allow water run-off

OTTAWA - They paved paradise, and put up a flood zone.Five cities across Canada will see some of their asphalt torn up and replaced with porous brick and gravel this summer to help mitigate the flash...

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Canada Increasingly Dependent On Resources As Factories, Housing Slide

OTTAWA - The Conference Board's latest barometer of the economy shows Canada's short-term outlook is becoming ever more dependent on commodities. The newest composite leading index for April rose by...

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TSX lower as traders look to U.S. jobs data, European Central Bank aid

TORONTO - The Toronto stock market was lower Wednesday as traders anticipate the announcement of stimulus measures to help the eurozone recovery and look to American employment numbers coming out at...

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US productivity dropped at 3.2 per cent rate in first quarter while labour...

WASHINGTON - U.S. productivity fell even more than previously thought in the January-March period while labour costs rose at a faster pace.The Labor Department says productivity, the amount of output...

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