• Former Sino-Forest CFO settles fraud case Monday, 21 Jul 2014 | 1:36 PM ET

    TORONTO— The former chief financial officer of Sino-Forest Corp. has agreed to pay $6.3 million and testify against other former executives of the China- based forestry company which collapsed under allegations of massive fraud. Most of the money, $5.6 million, will be paid to settle class action suits in Ontario and the U.S. brought by investors in Sino-Forest.

  • DONETSK, Ukraine, July 21- A train carrying the remains of most of the almost 300 victims of the Malaysia Airlines plane downed over Ukraine left the site on Monday, after the Malaysian Prime Minister reached a deal with the leader of pro-Russian separatists controlling the area.

  • BlackBerry appoints new chief operating officer Monday, 21 Jul 2014 | 12:55 PM ET

    WATERLOO, Ontario— BlackBerry has appointed Marty Beard, the former chief executive of LiveOps, Inc. as its new chief operating officer. Beard starts immediately and will be responsible for such things as marketing, BlackBerry 10 app development and customer care and quality.

  • Canada to impose more sanctions against Russia Monday, 21 Jul 2014 | 12:02 PM ET

    TORONTO— Canada says it is planning to issue further economic sanctions over sectors of the Russian economy due to Russia's continuing military actions against Ukraine.

  • Canadian firm buying Pennsylvania's PBS Coals Inc. Monday, 21 Jul 2014 | 11:35 AM ET

    Corsa Coal Corp. of Toronto plans to merge PBS with its Wilson Creek Energy, based in Somerset.

  • July 21- Allergan Inc, which is fighting off a hostile bid from Valeant Pharmaceuticals International Inc, said on Monday that it would cut 13 percent of its global workforce as part of a restructuring meant to boost profits over the next six years.

  • Allergan to cut 1,500 employees in restructuring Monday, 21 Jul 2014 | 8:44 AM ET

    Botox maker Allergan will cut about 13 percent of its workforce as part of a push to become more efficient while it fights a hostile takeover bid from Valeant Pharmaceuticals. Allergan Inc. has rejected several takeover attempts from Valeant Pharmaceuticals International Inc. and activist investor Bill Ackman's Pershing Square Capital Management.

  • HOUSTON, July 21- California refiners remain far behind peers elsewhere in the country in replacing expensive imports with cheaper North American crudes from a new production boom. More than half of the 1.7 million barrels of crude processed by California refineries each day is imported, largely from Saudi Arabia, Ecuador, Iraq and Colombia.

  • VANCOUVER, Washington, July 21- California's chance to keep a lid on some of the nation's highest gas prices and join in the spoils of a domestic oil production boom is threatened by quickly growing opposition to a rail terminal in Washington state.

  • NY building shows how mod design stacks up as cool Sunday, 20 Jul 2014 | 10:15 AM ET

    NEW YORK— In a city piled high with ambitious architecture, a seven-floor structure off the beaten path boasts a distinction of its own: It's billed as the first multistory, modular-built apartment building to open in the nation's apartment capital.

  • "The science is clear that mining the Pebble deposit would cause irreversible damage to one of the world's last intact salmon ecosystems," said Dennis McLerran, regional administrator for the EPA, in a statement.

  • BERLIN/ GENEVA, July 18- As international investigators head to rebel-held eastern Ukraine to piece together what, and who, caused a Malaysian airliner to plunge into the steppe, securing evidence in the middle of a war zone is a major challenge.

  • OTTAWA/ MONTREAL, July 18- The U.N. civil aviation body on Friday said it was not responsible for issuing warnings about potential dangers such as military conflicts, saying that duty fell to individual nations.

  • OTTAWA/ MONTREAL, July 18- The U.N.' s aviation body on Friday said it did not have the authority to close global air routes, seeking to distance itself from responsibility after the downing of a Malaysian airliner over Ukraine.

  • July 18- U.S. environmental regulators laid out proposed protections for Alaska's Bristol Bay watershed on Friday, outlining restrictions that would effectively block the development of the Pebble deposit, which could be one of the world's largest copper mines.

  • July 18- Valeant Pharmaceuticals Inc moved on Friday to blunt a key criticism by takeover target Allergan Inc of its Bausch+ Lomb business by releasing data showing strong sales growth.

  • WASHINGTON, July 18- North Dakota's Bakken oil patch has thrived thanks in large part to the once-niche business of hauling fuel on U.S. rail tracks.

  • July 18- Valeant Pharmaceuticals Inc moved on Friday to blunt a key criticism by takeover target Allergan Inc of its Bausch+ Lomb business by releasing data showing strong sales growth.

  • Canadian tour bus rolls over in NY; 1 dead Friday, 18 Jul 2014 | 10:25 AM ET

    NORTH HUDSON, New York— A Canadian tour bus carrying 56 people rolled over Friday in upstate New York, killing a teenage girl and seriously injuring several other people, police said. The Canadian teenager was partially ejected from the bus and pinned underneath it at about 8 a.m. on Interstate 87, also known as the Adirondack Northway.

  • Michigan denies Detroit oil byproduct storage Friday, 18 Jul 2014 | 9:40 AM ET

    TRAVERSE CITY, Mich.— A company cannot store piles of petroleum coke at an open riverfront site in Detroit because it does not have adequate measures in place to control dust, a Michigan state agency said Thursday.