Canada's Finance Minister Joe Oliver, says he is "concerned" about the country's house prices but insisted it was not something he was "especially worried about".» Read More
TORONTO, July 10- Shares in Canadian media company Corus Entertainment Inc slumped on Thursday after it reported a quarterly loss amid a slumping advertising market. Corus said it had a net loss of C $30.3 million on revenue of C $214 million in the three months to May 31, due mostly to impairment charges and radio license fees.
LONDON, July 10- Fossil fuels will remain an indispensable part of the global energy supply for at least the next 50 years, so a means must be found to burn them without pumping carbon dioxide into the atmosphere.
SIOUX FALLS, S.D.— BNSF Railway is regularly hauling three trains a week loaded with crude oil through the Sioux Falls area, but those are the only shipments of crude from North Dakota's Bakken region crossing the state, according to records released Wednesday.
OTTAWA, July 9- Two more provinces, Saskatchewan and New Brunswick, signed up on Wednesday for a plan to create a national securities regulator in Canada, joining Ontario, British Columbia and the federal government in a project designed to end a patchwork of local regulation.
OTTAWA, July 9- Saskatchewan and New Brunswick agreed on Wednesday to participate in an eventual national securities regulator in Canada, meaning that four of the nation's 10 provinces have signed on to the project designed to end a patchwork of local regulators.
SANDUSKY, Ohio— Standing in the shadows of a $30 million roller coaster that flips, drops and spins its riders, the head of the nation's fourth-biggest amusement park company points to another addition at Cedar Point he's proud of too— a shady spot to relax and munch on taffy and fudge.
ORLANDO, Fla.— You might need a magic wand to get on the new Harry Potter ride at Universal Orlando Resort. For a second day in a row, visitors waited up to five hours to get on the ride, Harry Potter and the Escape from Gringotts, located in the new Diagon Alley section of Universal Studios.
July 8- Alcoa Inc's chief executive officer said on Tuesday the aluminum company would push deeper into the market for more profitable finished products like truck wheels and aircraft fuselages as it reported quarterly results that beat analysts' expectations.
Despite concerns by some that the measure does not do enough to protect privacy, the committee voted 12-3 to advance the measure authored by its chairwoman, Dianne Feinstein, a California Democrat, and Vice Chairman Saxby Chambliss, a Georgia Republican, their offices said. The Senate bill still faces hurdles before becoming law.
July 8- Empire Co Ltd, the operator of Canadian grocery chain Sobeys Inc said it will sell its dairy manufacturing plants in Western Canada to Agropur Cooperative for $356 million. The deal includes the sale of four plants in Edmonton, Winnipeg, and Burnaby, Empire said. Sobeys had bought them as part of its purchase of Canada Safeway in November.
July 8- Aluminum producer Alcoa Inc reported a second-quarter profit and revenue that beat analysts' expectations, as the company focused on selling products from its downstream business, which include truck wheels and aircraft fuselages. The company earned $138 million, or 12 cents a share, compared with a loss of $119 million, or a loss of 11 cents, a year earlier.
TORONTO, July 7- WestJet Airlines Ltd, Canada's No. 2 carrier, said on Monday it planned to fly its own wide-body planes as early as the autumn of 2015 and was in advanced stages of sourcing the long-haul aircraft, a move that may heat up competition with larger rival Air Canada.
NEW YORK, July 7- The dollar weakened against the yen and the euro on Monday, in line with strengthening Treasuries, as investors continued to digest last week's strong U.S. employment report and speculated about when the Federal Reserve is likely to begin raising U.S. interest rates.
NEW YORK, June 27- Each month, 42- year-old Abdirizak Alibos shows up at a money transfer business in the heart of Minneapolis to send $500 to his three children in war-torn Somalia.
HAVANA, July 7- Cuba has prosecuted and is likely to send Canadian businessman Cy Tokmakjian to prison after he denounced corruption in the Havana government's awarding of contracts, his company said on Monday. "Cy Tokmakjian spoke out against corruption as it was clear the company was losing contracts to others for unexplained reasons.
NEW YORK, July 7- The dollar weakened on Monday against the Japanese yen as investors continued to digest last week's strong U.S. employment report and speculated about when the Federal Reserve is likely to begin raising U.S. interest rates.
NEW YORK, July 7- The U.S dollar inched higher against the euro on Monday but pared some early gains, as investors continued to digest last week's strong U.S. employment report and speculated about when the Federal Reserve is likely to begin raising rates.
DETROIT— Plans are in the works for a new natural gas transmission pipeline that could pass through Michigan on its way to Ontario, Canada, raising concerns among some residents whose properties have already been dug up for an ongoing oil pipeline project.
SEATTLE— Washington state's first recreational marijuana stores open for business this week, more than a year and a half after voters decided to legalize, tax and regulate pot. A: The state's Liquor Control Board issued the first two dozen retail marijuana licenses in the wee hours Monday, and stores can open at 8 a.m. Tuesday if they're ready.
The SEC accused Babikian of reaping an illegal $1.9 million profit by selling nearly 1.4 million shares of coal mining company America West Resources Inc after his emailed touts had boosted their price.