Saturday August 02, 2014

QUESTION OF THE WEEK

  • As wildfires flare up across BC, Alberta and the NWT, the idea of using prison inmates to help fight the fires is being explored. Do you think this is a good idea?
  • Yes
  • 71%
  • No
  • 29%
  • Total Votes: 17




Business News


top story

Demand for SUVs and pickup trucks drives July sales for Big 3 automakers

TORONTO - Purchases of trucks and SUVs helped boost the Canadian auto industry's sales last month, which Ford, Chrysler and General Motors said was their best July on record....

posted: August 1,2014





Business News

CP07

Report on bloated Ontario hydro pensions says taxpayers covering most costs

TORONTO - Ontario taxpayers are putting in almost $5 for every $1 employees are putting into...



Solid hiring stretches into 6th month as employers add 209,000 jobs; rate rises to 6.2 pct.

WASHINGTON - A sixth straight month of solid 200,000-plus job growth in July reinforced growing...



Business News Digest

Business News at 5 p.m....





Allergan sues Valeant and Pershing Square, they say claims are 'baseless'

MONTREAL - Botox maker Allergan has launched a U.S. law suit that accuses Valeant Pharmaceuticals (TSX:VRX) and Pershing Square Capital of using fraud and insider trading to further their hostile takeover attempt of the California-based...


Stock markets lose more ground amid relatively strong U.S. jobs data

TORONTO - North American stock markets racked up losses for a second day Friday, despite a relatively strong U.S. employment report....


US stock market closes out its worst week in two years, interrupting a prolonged rally

NEW YORK, N.Y. - The U.S. stock market is closing out its worst week in two years....


Canadian dollar lower as U.S. jobs data narrowly misses expectations

TORONTO - The Canadian dollar closed lower Friday in generally risk-averse markets amid U.S. employment data that slightly missed expectations....


Chevron seeking new partner for Kitimat LNG following Apache's exit

CALGARY - Chevron Corp. said Friday it needs a new partner for a West Coast natural gas export project, but it will press ahead with early-stage development work on it in the meantime....


Procter & Gamble to focus on top performers, shed up to 100 brands

NEW YORK, N.Y. - Procter & Gamble is about to shrink....


Off switch hit at Saskatchewan wood-burning power generation plant

PRINCE ALBERT, Sask. - A low-quality fuel source has led to the temporary shelving of a project that generates electricity from old wood at a shuttered pulp mill near Prince Albert, Sask....


Tennessee Valley Authority to pay $27.8 million to victims of 2008 Tennessee coal ash spill

NASHVILLE, Tenn. - The nation's largest public utility has agreed to pay more than $27 million to settle claims from Tennessee property owners who suffered damages from a huge spill of toxin-laden coal ash sludge....


Harley-Davidson recalls motorcycles to fix vibrations that can cause engines to stall

DETROIT - Ignition switch problems that have plagued General Motors and Chrysler have now turned up in the motorcycle business....






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