Thursday May 23, 2013

QUESTION OF THE WEEK

Survey results are meant for general information only, and are not based on recognised statistical methods.




Business


top story

Loonie heads higher despite disappointing Chinese manufacturing data

TORONTO - The Canadian dollar headed higher Thursday despite weaker-than-expected manufacturing data from China....

posted: May 23,2013





Business

CP07

US new home sales rise 2.3 per cent in April while median home prices hit record high

WASHINGTON - U.S. sales of new homes rose in April and nearly matched the fastest pace in five...



TD Bank second-quarter rises but comes in short of consensus estimates

TORONTO - TD Bank Group (TSX:TD) reported a second-quarter profit of more than $1.7 billion and...



US stock prices ease, recovering most of an early swoon, after Chinese manufacturing contracts

NEW YORK, N.Y. - Stock prices are slightly lower at midday on Wall Street after manufacturing...





TSX, U.S. indexes drop as world markets plunge on Chinese data, Fed comments

TORONTO - North American markets slid lower Thursday amid a plunge in Japanese markets and data that showed a contraction in Chinese manufacturing....


Toshiba buys Hamilton-based manufacturer of custom electric motors

HAMILTON - Toshiba International Corp. has agreed to buy the assets of Elettra Technology, a manufacturer of custom industrial electric motors that was born out of a former Canadian subsidiary of Westinghouse....


Stocks around the world take a battering after Japan's Nikkei tanks over 7 per cent

LONDON - Financial markets around the world were roiled Thursday after Japanese stocks suffered their biggest slide since the country was hit by a devastating tsunami more than two years ago....


US unemployment aid applications drop 23,000 to 340,000, a sign of improvement in job market

WASHINGTON - The number of Americans applying for unemployment benefits fell 23,000 last week to a seasonally adjusted 340,000, a level consistent with solid job growth....


Bangladesh probe faults swampy land, poor building materials, heavy equipment for collapse

DHAKA, Bangladesh - The defects and errors that led to the world's deadliest garment-industry accident extend from the swampy ground the doomed Rana Plaza was built on, to "extremely poor quality" construction materials, to the massive,...


UN forecasts slow global growth in 2013; austerity hurts Europe, US spending cuts a risk

Global economic growth is projected to gain slow momentum for the rest of the year, a United Nations economic forecast said Thursday....


As McDonald's tries to evolve its image, criticism over nutrition persists at annual meeting

NEW YORK, N.Y. - McDonald's once again faced criticism that it's a purveyor of junk food that markets to children at its annual shareholder meeting Thursday....


Kerry Kennedy joins Fla-based farmworker protest outside Wendy's NY stockholder meeting

NEW YORK, N.Y. - Kerry Kennedy has joined farmworkers protesting outside Wendy's shareholder meeting in New York City....


House approves student loan rates linked to financial markets despite a veto threat

WASHINGTON - House lawmakers on Thursday approved legislation that links student loan rates to the ups and downs of the financial markets in spite of a veto threat from President Barack Obama....






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