Thursday October 30, 2014

QUESTION OF THE WEEK

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Business News


top story

TSX lower amid falling gold prices, heavy slate of earnings, solid U.S. growth

TORONTO - The Toronto stock market was lower amid a stronger-than expected read on American economic growth and falling gold stocks....

posted: October 30,2014





Business News

CP07

Tim Hortons takeover by Burger King may prove stale for Canadians: study

TORONTO - Widespread layoffs and strict cost cutting measures could befall Tim Hortons if Burger...



Resolute Forest Q3 net loss improves, adjusted profit cut in half, sales dip 3%

MONTREAL - Resolute Forest Products Inc. (TSX:RFP) reports it had a dip in third-quarter sales,...



Construction company says German worker kidnapped in Nigeria has been freed

BERLIN - The company that employed a German man kidnapped in Nigeria last week says he has been...





Apple CEO Tim Cook publicly acknowledges that he's gay for first time

NEW YORK, N.Y. - Apple CEO Tim Cook says he's proud to be gay....


Applications for US unemployment benefits rise slightly but remain near 14-year low

WASHINGTON - The number of people seeking unemployment benefits rose slightly last week, but remained at historically low levels that signal a strengthening job market....


Canadian dollar advances in wake of strong U.S. economic growth data

TORONTO - The Canadian dollar was higher Wednesday as the latest data showed stronger-than-expected U.S. economic growth during the third quarter....


Canada Mortgage and Housing Corp. expects steady housing market in 2015

OTTAWA - The Canada Mortgage and Housing Corp. says it expects housing starts in 2015 to be about the same as they were this year, and in line with economic and demographic trends....


US economy grew at 3.5 per cent rate in third quarter, boosted by exports and defence spending

WASHINGTON - The U.S. economy grew at a solid annual rate of 3.5 per cent in the July-September quarter, propelled by solid gains in business investment, export sales and the biggest jump in military spending in five years....


Bombardier Q3 revenue up 20%, net income falls due to downsizing expenses

MONTREAL - Bombardier Inc. (TSX:BBD.B) says its third-quarter revenues were up about 20 per cent from the same time last year, rising to US$4.9 billion....


Maple Leaf Foods continues to post losses, sales drop after Canada Bread sale

TORONTO - A slimmed-down Maple leaf Foods Inc. (TSX:MFI) is reporting losses at its continuing operations during the third quarter as it closes older plants, including one in New Brunswick, and shifts production to a newer operation in...


EU-brokered gas talks between Ukraine and Russia at an impasse as harsh winter draw near

BRUSSELS - Talks to guarantee that Russian gas imports flow into Ukraine throughout the winter appeared to be at an impasse Thursday because of doubts over payments from Kyiv....


World stocks mixed, dollar higher after Fed confirms end to stimulus and hints at rate hike

HONG KONG - Stock markets mostly rose in Asia but fell in Europe on Thursday after the Federal Reserve said it will end a stimulus program that was as massive as it was controversial. The dollar strengthened after the U.S. central bank...






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