Business News

at 22:03 on March 13, 2010, EDT.

Canada's Dempster helps Cubs slip past rival White Sox for 8-7 win

LAS VEGAS - Canadian Ryan Dempster and the Chicago Cubs handled a stiff breeze to slip past their rivals from the Windy City.

→ Details...

at 14:56 on March 13, 2010, EDT.

AbitibiBowater and Quebec Federation of Labour reach tentative deal

MONTREAL - An tentative deal has been reached between insolvent newspaper giant AbitibiBowater Inc. and the Quebec Federation of Labour.

→ Details...

at 13:20 on March 13, 2010, EDT.

Toyota says RAV4s being offered by Tim Hortons are OK after recall

MONTREAL - Java junkies who win a Toyota RAV4 in the latest Tim Hortons roll-up-the-rim contest shouldn't have to worry about the 2010 Toyotas r-r-rolling out of control down the highway.

→ Details...

at 22:10 on March 12, 2010, EDT.

HST may not be right for every province but makes sense for Ontario: McGuinty

WINNIPEG - Moving to a harmonized sales tax may not be right for every province, but Premier Dalton McGuinty says it still makes sense for Ontario.

→ Details...

at 21:19 on March 12, 2010, EDT.

Orange County, California, sues Toyota over vehicle defects on behalf of consumers

SANTA ANA, Calif. - Prosecutors in Orange County, California have filed a lawsuit against Toyota Motor Corp., accusing the automaker of knowingly selling hundreds of thousands of vehicles with acceleration defects.

→ Details...

at 21:17 on March 12, 2010, EDT.

Vale in increase nickel production at strike-bound operations after vote

SUDBURY, Ont. - Vale said Friday it plans to increase nickel production at its strike-bound operations in Sudbury, Ont., after workers voted to reject the company's latest contract offer.

→ Details...

at 19:59 on March 12, 2010, EDT.

Lehman Brothers' accounting gimmick helped firm hide debt, examiner says

WASHINGTON - An accounting gimmick called Repo 105 provided financial relief for Lehman Brothers in the months before its spectacular collapse, an autopsy of the once-venerable Wall Street house has found. The question now is whether the trickery spells legal jeopardy for executives of Lehman or its auditors Ernst&Young.

→ Details...

at 19:17 on March 12, 2010, EDT.

Growing transportation demand suggests global freight recession over: analysts

MONTREAL - Growing demand for cargo transportation suggests the global freight recession may have ended, but industry observers remain concerned that a rising Canadian dollar may bring the progress to a screeching halt.

→ Details...

at 17:21 on March 12, 2010, EDT.

Analyst expects pause in big fertilizer M&A after Agrium walks away from CF

CALGARY - Now that a prolonged saga that entangled three major North American fertilizer producers appears to have finally been resolved, an analyst expects the sector to take a breather from big takeover deals.

→ Details...

at 17:20 on March 12, 2010, EDT.

Oil slides as mixed economic data and China reports put brakes on rising prices

NEW YORK - Oil prices ended the week lower following mixed economic reports that kept investors on edge about the outlook for improving energy demand.

→ Details...