Tuesday September 02, 2014

QUESTION OF THE WEEK

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Business News


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US construction spending rebounds 1.8 per cent in July, biggest gain in more than 2 years

WASHINGTON - U.S. construction spending staged a strong rebound in July, rising by the largest amount in more than two years. All major categories of construction showed gains in an encouraging sign that spending on building projects will...

posted: September 2,2014





Business News

CP07

Dollar General lifts offer for Family Dollar to about $9.1B, willing to divest more stores

GOODLETTSVILLE, Tenn. - Dollar General upped its bid for the rival Family Dollar chain and...



Private equity firm Thoma Bravo to buy software developer Compuware for $2.5 billion

Private equity firm Thoma Bravo will spend about $2.5 billion to buy Compuware and take the...



Canadian dollar declines ahead of Bank of Canada interest rate announcement

TORONTO - The Canadian dollar was lower Tuesday, ahead of the scheduled announcement on interest...





Mining, energy stocks pull TSX lower amid mixed manufacturing readings

TORONTO - Falling resource stocks kept the Toronto stock market in the red late morning Tuesday amid mixed manufacturing data and falling gold prices....


IMF says Ukraine could need billions in additional aid if fighting persists

BRUSSELS - While Ukraine's leaders are trying to win the war against Russian-backed separatists in the east, they appear to be losing the battle to resurrect the country's battered economy....


New York attorney general accuses lender of refusing to lend to African-Americans in Buffalo

ALBANY, N.Y. - New York's attorney general is accusing a mortgage lender of refusing to offer financing to African-Americans living in Buffalo....


Norwegian goes black tie with $3 billion acquisition of high-end cruise line Prestige

NEW YORK, N.Y. - Norwegian Cruise Line is sailing into the luxury sector, spending about $3 billion in cash and stock to acquire the high-end Prestige Cruises International....


Google adopts new brand as part of effort to sell more online services to other companies

SAN FRANCISCO - Google is hoping a new brand will help sell more of its services to other companies....


Ireland's surging tax take eases deficit, augurs better 2015 budget after 6 years of austerity

DUBLIN - Ireland's Finance Department says tax collections from a growing economy are unexpectedly strong and have put the country on course to achieve normal deficit levels after six years of austerity....


US home price gains slowed to 7.4 per cent in July as more homes were listed for sale

WASHINGTON - U.S. home prices rose in July but at a slower rate compared with earlier this year. The moderating price increases could help support sales....


Quebecor sells its Nurun subsidiary to French firm for $125 million

MONTREAL - Quebecor Inc. said Tuesday it has sold its digital design and marketing services subsidiary Nurun to French advertising company Publicis Groupe for $125 million....


Amid speculation European Central Bank will back stimulus, euro falls to one-year dollar low

LONDON - The euro fell to a one-year low against the dollar on Tuesday as it continued to lose support from speculation that the European Central Bank could start pumping money into the ailing eurozone economy to spur growth....






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