U.S. housing slump hurts Lowe

CHARLOTTE, N.C. – Home improvement retailer Lowe's Cos. says a softer U.S. housing market helped send its fourth-quarter earnings down 33.4 per cent.
Mooresville, […]

U.S. auto industry in recession: Nissan

SEOUL–The head of Nissan Motor Co. said even if the United States is not in recession, its auto industry is.
"We are very lucid […]

French trader acted alone, fraud probe finds

PARIS–Investigators in a US$7 billion fraud at French bank Societe Generale say that the only trader implicated in the scandal acted alone.
Investigators also […]

Baffinland

Baffinland Iron Mines Corp. (TSX: BIM) says it will cost $4.1 billion to develop the 100 per cent owned Mary River iron ore mine […]

Oprah plug makes business book Internet sensation

NEW YORK–The Oprah touch doesn't just work for traditional books.
More than 1 million copies of Suze Orman's "Women & Money'' have been downloaded […]

Manulife profit up on fees, investments

Net income at Manulife Financial Corp climbed 4 per cent in the fourth quarter on higher fee income and strong investment performance, but the […]

Province gives $15 million to green projects

The province will award $15 million in grants today to six "transformative" clean energy projects aimed at establishing Ontario as a leader in solar, hydrogen […]

Kerviel ordered to jail, second trader in custody

PARIS–A Paris court sent French trader Jér?me Kerviel behind bars yesterday, while the investigation into the billions in losses he allegedly caused for bank […]

Feed grain demand boosts ADM

DECATUR, Ill. – Food processor Archer Daniels Midland Co. said Monday its second-quarter profit rose seven per cent as higher earnings from oilseed processing […]

Home Depot to cut 500 jobs at Atlanta HQ

ATLANTA–The Home Depot Inc., the world's largest home improvement store chain, said today it is cutting 500 jobs at its headquarters in part because of […]