Ford is recalling about 74,000 Ford Escape and Mercury Mariner crossover vehicles because the electronic hybrid system may overheat.» Read More
NEW YORK— Allergan and Pershing Square have agreed on at least one step toward settling a fight over the makeup of the Botox-maker's board. Allergan will hold its special shareholders meeting as planned on Dec. 18, while Pershing Square and its partner, Valeant Pharmaceuticals, continue their push for control of the drugmaker.
Sept 16- Vimpelcom Ltd and Global Telecom Holding SAE said they have agreed to sell their stake in Canadian wireless carrier Wind Mobile to Globalive Capital and a group of investment funds for about C $135 million.
ATLANTIC CITY, N.J.— Trump Plaza Hotel& Casino closed its doors early Tuesday, the fourth Atlantic City casino to go belly-up so far this year. When it opened on May 14, 1984, Donald Trump called it the finest building in Atlantic City, and possibly the nation.
CALGARY, Alberta, Sept 15- The cost of the South Dakota portion of TransCanada Corp's Keystone XL pipeline has more than doubled to $1.974 billion in the last four years the project has awaited federal approval, the company said in a petition filed with the state Public Utilities Commission on Monday.
Revamped U.S. refineries are absorbing heavy Canadian crude and new oil-rail terminals built by companies like Gibson Energy Inc and Canexus Corp are loading trains to deliver crude to markets across North America, and potentially abroad, limiting the downturn and keeping prices buoyant compared to the past seasons.
OTTAWA, Sept 15- Canada's anemic job market poses "significant challenges," Prime Minister Stephen Harper acknowledged on Monday, while promising new measures this year to help boost the economy. Canada's unemployment rate was 7 percent in August.
NEW YORK— Do you leave a tip in your hotel room for the maid? Marriott is launching a program with Maria Shriver to put envelopes in hotel rooms to encourage tipping. Some 750 to 1,000 hotels will participate from Marriott brands like Courtyard, Residence Inn, J.W. Marriott, Ritz-Carlton and Renaissance hotels.
MILAN- EU finance ministers and central bankers meet in Milan. ECB President Mario Draghi, Vice President Vitor Constancio and ECB Supervisory Board Chair Daniele Nouy to attend. PARIS- Chinese Vice Premier Ma Kai to chair the second China-France High-Level Economic and Financial dialogue in France with French Finance Minister Michel Sapin.
OTTAWA, Sept 12- Canada has finally ratified a foreign investment protection agreement with China after a two-year delay in a step that may help ease tensions between the two countries and smooth the way for a possible visit to China by Prime Minister Stephen Harper.
Sept 12- BRP Inc, the maker of Ski-Doo snowmobiles and Sea-Doo watercrafts, warned that results for the rest of the year could be hurt by sanctions on Russia and a softer economy in South America. Shares of the Quebec- based company, which in March had said uncertainty in Russia would hurt demand, fell as much as 4 percent on Friday.
PORTLAND, Maine, Sept 12- Irving Oil's large Saint John, New Brunswick, refinery is producing at its lowest in several years due to operational problems requiring unplanned maintenance work on two major units this month, according to an internal newsletter obtained by Reuters.
The Quebec- based company said strong demand for products such as the Sea-Doo Spark watercraft, Can-Am Spyder motorcycles and side-by-side off-roaders drove up seasonal product sales by 85 percent to C $259.8 million in the quarter ended July 31.
Sept 12- Scotland will vote on Sept. 18 on whether to become an independent country, ending a 307- year union with England and splitting from the rest of the United Kingdom. >British banks warn they'll head south if Scotland quits UK. >BoE says Scotland would need big reserves to keep the pound.
Treasury Deputy Secretary Sarah Bloom Raskin attends the Making Home Affordable Help for Homeowners event in Baltimore- 1700 GMT. Speakers:- Latvia Prime Minister Laimdota Straujuma, OECD Secretary-General Angel Gurria, Norway Defense Minister Eriksen Soreide, Georgia Foreign Minister Maia Panjikidze and Poland Defense Minister Tomasz Siemoniak.
NEW YORK, Sept 11- Finnish mobile games maker Rovio, which owns the globally successful Angry Birds brand, is suing two North American companies for selling allegedly counterfeit trinkets based on its famous game.
Sept 11- Alcoa Inc has signed a long-term contract to supply planemaker Boeing Co with aluminum sheet and plate that is worth more than $1 billion, the metals company said on Thursday. The new contract is the largest ever between the two companies, said Alcoa, a longtime Boeing supplier.
AUGUSTA, Maine— The three candidates for governor agree that energy costs in Maine are too high, but Republican Gov. Paul LePage, Democrat Mike Michaud and independent Eliot Cutler are deeply divided in their visions for the state's energy future.
SEATTLE— Environmental groups sued the U.S. Department of Transportation on Thursday over the shipment of volatile crude oil in older railroad tank cars. That petition sought an emergency order to prohibit crude oil from the Bakken region of North Dakota and Montana and elsewhere from being carried in older tank cars, known as DOT-111s.
TORONTO, Sept 11- A jump in online sales helped yogawear chain Lululemon Athletica Inc report a higher-than-expected quarterly profit on Thursday, mitigating some of the damage from a series of mishaps last year, while spurring it to increase its full-year earnings forecast and pushing its stock higher.
TORONTO/ OTTAWA, Sept 11- Canadian small businesses will get C $550 million in rebates on their employment insurance premiums over the next two years in order to boost hiring, Finance Minister Joe Oliver said on Thursday.