Sears Canada profit falls to $10.3M

Sears Canada Inc. first-quarter profit was 85 per cent lower than last year as the department store operator spent more on severance and saw […]

Coverage helps prevent collision with disaster

Most Ontario motorists are not inclined to pay more than is required by law for auto insurance. But there is optional coverage that could bail […]

U.S. budget chief says signs of economic free-fall over

The Obama administration’s budget chief said on Sunday there are signs that the free-fall in the economy seems to have halted.
“There are some glimmers […]

Illinois wants to shut down YTB

If the just-settled lawsuit in California was meant to make YTB International change its ways, the suit filed Thursday by the state of Illinois […]

Balke Brown names Abounader a VP

Balke Brown Associates named Hany Abounader vice president of commercial brokerage.
Abounader has been an office/investment broker since 1993. His experience includes landlord and […]

Recovery? Americans not yet buying it

American consumers shopped less in April than expected, reversing weeks of hopeful economic forecasts and sending stock markets around the globe into retreat.
Canadian share prices […]

Quadra Mining reports profit of $26.7M

VANCOUVER–Quadra Mining Ltd. said Tuesday it is on the hunt for acquisitions as it predicts the copper market will slowly recover.
Quadra president and […]

French Industrial Output Drops More Then Expected; Exports Sag

French industrial production fell more than expected in March as the global economic slump sapped exports and dented consumers’ income.
Output at factories and […]

Markets extend rally

The Toronto stock market's nine-week-old rally continued today, with its main index closing at its highest level since early October, as optimism was fuelled by […]

SocGen posts unexpected loss after writedowns

Societe Generale slumped to a surprise loss in the first quarter as higher-than-expected writedowns and provisions hit the bank’s earnings.
SocGen, which fell victim to […]