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  • NEW YORK, March 1- Greg Abel, the 52- year-old head of Berkshire Hathaway Energy, is not unlike the company he oversees: like utilities themselves, he is reliable, hard-working- and usually in the background. Those traits could serve him well should he indeed succeed the iconic Buffett, who has headed the sprawling Berkshire Hathaway conglomerate for 50 years.

  • Maine mill joins complaint against Canadian paper maker Saturday, 28 Feb 2015 | 11:59 AM ET

    MADISON, Maine— Madison Paper Industries has joined a Minnesota paper mill seeking higher import duties on a special publishing paper made by a Canadian mill. The Morning Sentinel reports they filed a complaint Thursday with the U.S. International Trade Commission and U.S. Department of Commerce against Port Hawkesbury Paper in Nova Scotia.

  • Vermilion posts 4Q profit Friday, 27 Feb 2015 | 4:40 PM ET

    CALGARY, Alberta _ Vermilion Energy Inc. on Friday reported fourth-quarter earnings of $47.1 million. The Calgary, Alberta- based company said it had net income of 43 cents per share. Keywords: Vermilion Energy, Earnings Report.

  • JOHNSTOWN, Pa.— A Toronto- bound jet with 35 people aboard has landed safely at a Pennsylvania airport after smoke from a shorted-out cabin light prompted the captain to declare an emergency. Flight 7316 left Raleigh-Durham International Airport in Morrisville, North Carolina around 11:15 a.m. and was due at Toronto Pearson International Airport just after...

  • TORONTO, Feb 27- Former media mogul and convicted felon Conrad Black may no longer hold executive positions at listed companies or investment funds in the Canadian province of Ontario, the country's premier securities regulator ruled on Friday. Three other executives of Black's former media company, Hollinger Inc, settled earlier with the OSC.

  • MIRABEL, Quebec, Feb 27- Bombardier Inc launched a test flight of its CS300 jet on Friday, the larger version of its new CSeries narrow-body aircraft, in a milestone for the long-delayed program that analysts and investors say may have missed its moment. The CSeries, Bombardier's largest jet, with up to 160 seats, helps the company push into markets dominated by...

  • TORONTO, Feb 26- Former media mogul and convicted felon Conrad Black may no longer hold executive positions at listed companies or investment funds in the Canadian province of Ontario, the country's premier securities regulator ruled on Friday. Three other executives of Black's former media company, Hollinger Inc, settled earlier with the regulator, the...

  • WASHINGTON, Feb 27- U.S. economic growth braked more sharply than initially thought in the fourth quarter as businesses slowed their pace of stock accumulation and the trade deficit widened, but the underlying fundamentals remained solid. Gross domestic product expanded at a 2.2 percent annual pace, revised down from the 2.6 percent pace estimated last month,...

  • LONDON, Feb 27- U.S. refineries are processing record quantities of heavy crude from Canada as the perfect complement to light oils from North Dakota and Texas as they struggle to keep their average blend steady. Bakken and Eagle Ford are light, sweet oils, while Saudi Arabia's Arab Heavy and Alberta's Western Canadian Select are much heavier and sourer.

  • Pembina Pipeline posts 4Q profit Friday, 27 Feb 2015 | 5:13 AM ET

    CALGARY, Alberta _ Pembina Pipeline Corp. on Thursday reported fourth-quarter profit of $67.5 million. Pembina Pipeline shares have declined 15 percent since the beginning of the year. Keywords: Pembina Pipeline, Earnings Report.

  • WINNIPEG, Manitoba, Feb 26- Canadian farmers are plowing profits from bumper crops into fertilizer storage facilities to mitigate the pricing power held by major retailers and producers. Over time, the practice might erode the steep premiums farmers pay in the spring to retail businesses owned by Agrium Inc, Richardson International and Cargill Ltd, while...

  • On Feb. 5, the Transportation Department sent the White House draft rules that would require oil trains to use stronger tank cars and make other safety improvements. The most serious killed 47 people and destroyed the town center of Lac Megantic in Quebec, Canada, just across the border from Maine, in 2013.. But among them are a stronger tank car design that includes...

  • Forestry company J.D. Irving filed a notice with Canadian regulators this week, saying it was "vitally concerned" about how TransCanada Corp's proposed Alberta- to- New Brunswick pipeline would affect its operations. In a filing with the National Energy Board on Monday, J.D. Irving said about 170 km of the proposed pipeline route would cross its forest holdings in...

  • Forestry company J.D. Irving filed a notice with Canadian regulators this week, saying it was "vitally concerned" about how TransCanada Corp's proposed Alberta- to- New Brunswick pipeline would affect its operations. In a filing with the National Energy Board on Monday, J.D. Irving said about 170 km of the proposed pipeline route would cross its forest holdings in...

  • TORONTO, Feb 26- Canadian Imperial Bank of Commerce, the country's No 5 lender, reported better-than-expected first-quarter earnings on Thursday, helped by strong growth in its wholesale banking business, and unexpectedly raised its dividend. Excluding items, CIBC earned C $2.36 per share in the quarter ended Jan. 31, topping the average analyst estimate of C...

  • BISHKEK, Feb 26- Kyrgyzstan's parliament turned up the pressure on Centerra Gold on Thursday, threatening to nationalise the Canadian company's Kumtor gold mine unless it agrees within a month to a proposed joint venture. The Central Asian state and the Toronto- listed company have been locked in talks for more than a year over a deal that would involve...

  • OTTAWA, Feb 26- Canada's annual inflation rate cooled to a more than one-year low in January, weighed down by much cheaper gasoline, data from Statistics Canada showed on Thursday. Core inflation, which strips out volatile items and is closely watched by the Bank of Canada, suggested underlying inflation was not as muted, holding steady at 2.2 percent.

  • BISHKEK, Feb 26- Kyrgyzstan's parliament voted on Thursday to give the government one month to finalise talks with Centerra Gold on the future of the Kumtor project and threatened to nationalise the Canadian company's gold mine if no agreement is reached. The Central Asian state and the Toronto- listed investor have been locked in uneasy talks for more than a...

  • Progressive Waste Solutions posts 4Q profit Thursday, 26 Feb 2015 | 8:21 AM ET

    VAUGHAN, Ontario _ Progressive Waste Solutions Ltd. on Thursday reported fourth-quarter net income of $18.9 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 33 cents per share. Progressive Waste Solutions expects full-year earnings in the range of $1.26 to $1.39 per share, with revenue in the range of $1.93...

  • Mitel Networks tops 4Q profit forecasts Thursday, 26 Feb 2015 | 7:33 AM ET

    OTTAWA, Ontario _ Mitel Networks Corp. on Thursday reported fourth-quarter profit of $10.8 million. For the current quarter ending in March, Mitel Networks expects its per-share earnings to range from 13 cents to 16 cents. Mitel Networks shares have decreased nearly 3 percent since the beginning of the year.