Search 640toronto.com

    News

    Recent BUSINESS Headlines

    1 to 10 of 372

    at 22:34 on March 11, 2010, EDT.

    17th case of mad cow disease delays Canada's movement into better risk status

    EDMONTON - The president of Canada Beef Export Federation says the country's 17th case of mad cow disease has not affected markets.

    → Details...

    at 21:37 on March 11, 2010, EDT.

    Regulators shut down LibertyPointe Bank; makes 27 bank failures this year

    WASHINGTON - U.S. regulators on Thursday shut down LibertyPointe Bank in New York City, boosting to 27 the number of bank failures in the U.S. so far this year following the 140 brought down in 2009 by mounting loan defaults and the recession.

    → Details...

    at 21:36 on March 11, 2010, EDT.

    Exports forecast to remain strong even as rebounding economy pushes imports up

    WASHINGTON - U.S. exports dipped in January, the government said Thursday, but economists weren't fazed. They predict export growth will be a bright spot for American manufacturers through the rest of 2010.

    → Details...

    at 21:33 on March 11, 2010, EDT.

    SEC chairman calls for Congress to put new oversight on derivatives

    WASHINGTON - The government's top securities regulator called Thursday for Congress to impose new oversight on financial derivatives, warning that allowing risky instruments like credit default swaps to continue unfettered could bring further economic damage.

    → Details...

    at 20:49 on March 11, 2010, EDT.

    Power Corp. of Canada reports Q4 profit, as revenue falls from year ago

    MONTREAL - Power Corp. of Canada said Thursday it earned $54 million in its latest quarter as revenue dropped.

    → Details...

    at 20:48 on March 11, 2010, EDT.

    National Energy Board give OK to TransCanada's Keystone XL pipeline project

    CALGARY - The National Energy Board approved Thursday an application by TransCanada Corp. (TSX:TRP) to build its Keystone XL pipeline project, an expansion of its Keystone pipeline to the U.S. Gulf Coast.

    → Details...

    at 20:47 on March 11, 2010, EDT.

    Agrium drops hostile takeover offer for U.S. company CF Industries

    CALGARY - Canadian fertilizer giant Agrium Inc. is dropping its US$5.5-billion takeover bid for U.S. company CF Industries Holdings Inc., which this week came one step closer to winning a hostile acquisition of its own.

    → Details...

    at 20:46 on March 11, 2010, EDT.

    Alberta cuts royalty rates for oil and gas industry in bid to win investment

    CALGARY - The Alberta government said Thursday it will slash its royalty take from oil and gas producers, many of whom responded to a new regime introduced a year ago by moving their investment elsewhere.

    → Details...

    at 19:46 on March 11, 2010, EDT.

    Closed Listowel, Ont., soup factory to make hot dogs, employ up to 500 people

    LISTOWEL, Ont. - A $3-million grant from the Ontario government - along with $40 million in private funds - will help turn a closed Campbell's Soup plant in this small southwestern community into a "very large hot dog factory," opening the shuttered doors to hundreds of new jobs.

    → Details...

    at 19:22 on March 11, 2010, EDT.

    MPs accuse Transport Canada of inaction over Toyota safety concerns

    OTTAWA - Transport Canada came under fire from MPs on Thursday over its handling of safety concerns with Toyota vehicles after disclosing that authorities had received 17 acceleration-related complaints before last fall's recall.

    → Details...

    Content Provided By Canadian Press.


    What's New