A list of the countries that use the most energy on a per-person basis contained mostly small (and surprising) names.» Read More
OAKVILLE, Ontario— Ford Motor Co. of Canada says it is adding 1,000 jobs at its plant in Oakville, Ontario, by the end of this year to build the 2015 Ford Edge crossover SUV for the global market. The automaker said Wednesday it also expects to increase spending on Canadian-made auto parts by $200 million a year.
BUFFALO, N.Y.— A Buffalo- based website designer and service provider says it will lay off about 70 employees, including 50 who work at the company's downtown headquarters. Synacor Inc. CEO Himesh Bhise said in a statement released Tuesday that about 20 percent of the company's workforce will be laid off in an effort to make the firm "leaner and more agile."
TORONTO, Oct 1- Ford Motor Co will add 1,000 jobs in Canada at its Oakville Assembly, which will produce the 2015 Ford Edge crossover utility vehicle, the company said on Wednesday. With the new hires, more than 4,000 people will work at Oakville Assembly by the end of this year.
ATLANTIC CITY, New Jersey— The bankruptcy auction of Atlantic City's former Revel Casino Hotel ground into its third day early Wednesday as lawyers for the bankrupt resort continued to weigh bids.
BUFFALO, N.Y.— A cluster of 100- foot-tall grain silos in Buffalo is being turned into the world's largest six-pack. Crews are installing rolls of vinyl wrap spelling out Labatt Blue on six silos at the former GLF grain mill operation near the city's Lake Erie waterfront, home to several long-defunct grain elevators.
TORONTO, Sept 30- Canada is not a tax haven but its government is always looking to make the country more attractive to foreign investors, Canadian Finance Minister Joe Oliver said on Tuesday. Last month, Burger King Worldwide Inc proposed an $11.5 billion cash-and-stock acquisition of Canada's Tim Hortons Inc..
Enbridge is trying to build the 612- mile pipeline to carry 225,000 barrels of oil a day through northern Minnesota to a hub in Wisconsin. The pipeline was expected to be ready in early 2016, but because of a "longer than expected permitting process" in Minnesota, it likely won't be in service until 2017, Enbridge spokeswoman Katie Haarsager said.
TORONTO, Sept 30- An airline industry-led task force looking at ways to improve plane tracking after the disappearance of Malaysia Airlines' flight MH370 has delayed its recommendations, possibly until December.
WASHINGTON, Sept 30- Four members of an alleged international computer hacking ring were charged with stealing more than $100 million worth of software and data- some of it used to train military pilots and some related to Microsoft Corp's Xbox gaming console- the U.S. Justice Department said Tuesday.
WASHINGTON, Sept 30- U.S. regulators on Tuesday charged two men with insider trading after they learned that hedge fund manager Bill Ackman was planning to announce a $1 billion bet against Herbalife Ltd based on a view the company was merely a "pyramid scheme."
OTTAWA, Sept 30- Canada, faced with a politically controversial decision over how best to upgrade its fleet of fighter jets, will extend the life of the existing planes to 2025, an official said on Tuesday.
WASHINGTON— The oil and railroad industries are urging U.S. regulators to allow them as long as seven years to retrofit existing tank cars that transport highly volatile crude oil, a top oil industry official said Tuesday. The cars have ruptured and spilled oil during collisions, leading to intense fires.
The letter was signed by Oregon senators Ron Wyden and Jeff Merkley, and California senators Dianne Feinstein and Barbara Boxer. More than a dozen oil-by-rail refining or loading facilities and terminals have been built in California, Oregon and Washington, with another two dozen new projects or expansions in the works in the three states.
WILMINGTON, Del.— Two members of an international hacking ring that gained access to a U.S. Army computer network while targeting computer giant Microsoft and several video game developers pleaded guilty to conspiracy charges Tuesday in federal court in Delaware.
OTTAWA, Sept 30- Economic growth in Canada stalled unexpectedly in July, breaking a six-month streak of gains and ensuring the Bank of Canada will be in no rush to raise interest rates. Statistics Canada said on Tuesday that real gross domestic product in July was unchanged from June.
Brookfield Asset Management, which owns casinos in Las Vegas and the Bahamas, bid $98 million for Revel on Tuesday. It's vying with Florida developer Glenn Straub for the right to buy the $2.4 billion Revel for pennies on the dollar. Brookfield owns the Hard Rock Hotel& Casino in Las Vegas and the Atlantis Paradise Island in the Bahamas.
TORONTO, Sept 29- Work on a pair of U.S. commercial spaceships to ferry astronauts to and from the International Space Station will be delayed after a losing contender protested the NASA awards, agency Administrator Charles Bolden said on Monday.
OTTAWA, Sept 29- A little-known Canadian federal agency helped put in place a total of $418 million worth of Cuban deals for a firm headed by Cy Tokmakjian, the businessman jailed for corruption in Havana last week. The total value of CCC's Cuban contracts with the Tokmakjian Group between 1992 and 2011 was C $418 million, said corporation spokeswoman Lina Seto.
TORONTO/ HAVANA, Sept 29- Cuba offered to free jailed Canadian executive Cy Tokmakjian in return for $55 million and company assets, his company said on Monday, but the deal fell through because the firm didn't have the money and the businessman wanted to clear his name.
TORONTO, Sept 29- TMX Group Ltd named Lou Eccleston as its new chief executive officer, the Toronto Stock Exchange operator said on Monday, after a lengthy global search to replace retiring CEO Tom Kloet. Eccleston left McGraw Hill Financial in July. Eccleston has also previously worked at Thomson Reuters Corp predecessor Thomson Financial, and at Bloomberg LP.