Business and Finance News
Felderhof: The Man Who Can't Clear His Name
Financial Post
TORONTO -- Two floors below ground in a windowless purple-walled seminar room at the Metro Toronto Convention Centre, one of dozens of presentations was underway this week at the annual convention of ... Agrium Shares Jump As Cf Gets Terra
Financial Post
The nitrogen wars are over, and Agrium Inc. is moving on to different opportunities. Friday, U.S. fertilizer companies CF Industries Holdings Inc. and Terra Industries Inc. agreed to merge in a US$4.... Canwest Newspapers Chief Steps Down
Financial Post
Dennis Skulsky, the president of Canwest Global Communications Corp.’s newspaper and publishing division, resigned Friday, saying he wants to spend more time with his family. Canadian Stocks Flat In Lacklustre Trading
Financial Post
Canadian stocks ended the week little changed, advancing a mere 38.68 points over the past five trading sessions. Friday's performance was equally lacklustre, with the S&P/TSX composite index clo... Canwest Lp Proceeds With Sale
Financial Post
Canwest Global Communications Corp. said yesterday it is moving on to the second phase of the bidding process for its newspaper division with several non-binding offers in hand. The country's largest... Potash Corp. Leads Fertilizer Stocks Higher
Financial Post
Fertilizer stocks moved higher Friday morning after Potash Corp. of Saskatchewan Inc. hiked its outlook and Agrium Inc. dropped a high-risk bid for a competitor. Potash Corp. said a sharp rebound in ... Vale Strikers In Subdbury Vote Against Contract
Financial Post
Vale SA nickel-mine strikers in Sudbury, Ontario, voted against a contract offered by the company on March 7. Of 2,371 workers who voted, 88.7% were against the contract Thursday, Denis St. Pierr... Buffett, World's 3rd-richest Person, Gets Pay Rise
Financial Post
NEW YORK -- Warren Buffett was awarded total compensation of about US$519,490 in 2009 to run Berkshire Hathaway Inc, a 6% increase mainly reflecting the higher cost of keeping the world's third-riches... Big Funds Stalk Canwest Newspapers
Financial Post
The sale of Canada's largest English-language daily newspaper chain has attracted some of the country's financial heavyweights as potential suitors. Among the shortlist of bidders for Canwest Limited... Murdoch Takes Aim At New York Times
Financial Post
NEW YORK -- Back in 1976 after he bought the New York Post, a confounded Rupert Murdoch asked the chairman of Bloomingdales why the upscale department store didn't advertise in his paper. According t... Transat Strategy 'didn't Work'
Financial Post
Jean-Marc Eustache, Transat A.T. chief executive, admitted Thursday that his efforts to restore the profitability of the country’s largest tour operator fell flat this winter after just about ... Leave Yuan To Us, China Tells Obama
Financial Post
The United States should not make a political issue out of the yuan, a Chinese central banker said on Friday, as the two countries lurched toward a potential bust-up over Beijing's currency regime. Stocks Hit 7 Week Highs, Yen Pressured
Financial Post
LONDON -- Global stocks rose to seven week highs on Friday led by bank shares after talks on U.S. banking reform collapsed, while speculation the Bank of Japan may soon ease monetary policy weighed on... Stock Futures Mixed Ahead Of Retail Sales Data
Financial Post
Stock index futures pointed to a mixed open on Wall Street on Friday, with futures for the S&P 500 up 0.4%, Dow Jones futures down 0.01% and Nasdaq 100 futures up 0.01%. Investors awaited U.S... Volatile Dollar Hits Services, Report Says
Financial Post
OTTAWA - Contrary to popular belief, the bulk of the country's manufacturing sector is able to "shrug off " wild swings in the Canadian dollar, whereas the services sector is the most exposed, an anal... Goldcorp Q4 Profits Jumps On Rising Gold Prices
Financial Post
TORONTO -- Goldcorp Inc. delivered a solid fourth quarter as it continues to keep costs in check and benefit from near-record gold prices. The Vancouver-based giant reported adjusted Q4 earnings late... Transcanada Keystone Xl Pipeline Approved
Financial Post
Canada's National Energy Board (NEB) said it approved an application from TransCanada Keystone Pipeline GP Ltd to construct and operate the Keystone XL Pipeline Project, and the proposed tolls for the... Wall Street Faces Key Economic Reports
Business Report
March 13, 2010 By Germain Moyon New York - Wall Street stocks are set to build on nearly year-and-a-half highs as they face next week's key economic reports and the US Federal Reserve's monetary po... Us Stocks Mixed At Week's End
Business Report
March 13, 2010 New York - US stocks were mixed on Wall Street on Friday, with an unexpected increase in retail sales as shoppers defied heavy snow in February, boosting some results. Retail sales r... Germany Says Unaware Of Greek Bailout Deal
Reuters
(Reuters) - Germany's Finance Ministry said on Saturday it was not aware of any agreement by euro zone members to provide a multi-billion euro bailout package for heavily indebted Greece. New Wave Of Foreclosures Threatens Market
MSNBC
While banks repossessed fewer homes in February than a month earlier, borrowers continued to fall behind on their payments, adding to the inventory of properties headed toward foreclosure that have ye... California Sues Toyota For Faults
BBC
Prosecutors in California are suing Toyota, claiming the Japanese carmaker sold hundreds of thousands of vehicles that it knew had defects.The world's largest carmaker has recalled millions of vehicle... Six Imperatives For Financial Regulation: Summers
Reuters
(Reuters) - The United States should rethink domestic and global financial regulation, Lawrence Summers, director of the White House's National Economic Council, said on Friday, outlining six "imperat... Fdic Shuts 30th Bank For 2010
CBS News
People are seen inside the LibertyPointe Bank branch at 120 Broadway Friday in New York. Regulators on Friday shut down banks in New York, Florida and Louisiana, raising to 30 the number of failures t... Wall Street Faces Fed Meeting With Momentum
Breitbart
Wall Street stocks are set to build on nearly year-and-a-half highs as they face next week's key economic reports and the US Federal Reserve's monetary policy meeting. "We are in the process of tes... Eu 'nearing' Greece Bail-out Deal
BBC
The EU is poised to reach agreement on a multi-billion euro bail-out for Greece after weeks of crisis, senior officials have told the BBC.The rescue package would provide loans and guarantees for Gree... Brian Pitman, Former Lloyds Chief, Dies At 78
International Herald Tribune
Go to your Portfolio » His death was announced by the British Bankers’ Association, which said he had a heart attack earlier in the week. Mr. Pitman joined Lloyds Bank in 1952 and was chi... Fdic Shuts 30th Bank For 2010
CBS News
People are seen inside the LibertyPointe Bank branch at 120 Broadway Friday in New York. Regulators on Friday shut down banks in New York, Florida and Louisiana, raising to 30 the number of failures t... Video: Text Messages That Self-destruct
CBS News
Shira Lazar talks to Jeffrey Evans who began Tiger Text, a texting application that allows the sender to control the lifespan of their text messages. China Gov't Advisers Urge Steady Economy
ABCNews
Delegates queue up to leave the main hall at the Great Hall of the People after the closing session of the Chinese People's Political Consultative Conference, China's top political advisory body, in B... Wal-mart Will Pay Millions In Bias Case
Lexington Herald-Leader
The country's largest private employer, retail giant Wal-Mart Stores Inc., will pay $11.7 million to settle a federal discrimination lawsuit that contended the company didn't hire women at its London ...
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