Summers to lead high-level meeting on economy

White House economic adviser Lawrence Summers will lead a high-level meeting on Monday to discuss the state of the economy, job creation and ways […]

U.S. large-loan bank losses triple to $53 billion

U.S. regulators say that the level of losses from syndicated loans facing banks and other financial institutions tripled to $53 billion in 2009, due […]

Sprint shares soar on T-Mobile USA tie-up talk

Sprint Nextel Corp shares jumped 14 percent on speculation that the No. 3 U.S. mobile service might be bought by Deutsche Telekom even as […]

MDS to sell business units

Canadian life sciences company MDS Inc. says it’s going to sell off most of its major divisions and focus on its troubled Nordion medical isotope […]

Ask the Expert

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What sorts of issues
should I consider before turning my home
into a public home office?
Barb Slavkin
President
June Roesslein […]

Bank declares recession over

The end of the recession is nigh, according to the Bank of Canada.
Canada’s economy could mark the end of the recession this quarter amid improved […]

TSX extends rally on higher commodities

The Toronto stock market finished sharply higher today, extending its winning streak to six sessions on the likelihood that a major U.S. financial institution will […]

Global PC sales in decline

The global PC market is set to suffer a rare decline this year, while notebook shipments will surpass desktop sales for the first time, according […]

Quebecor World shakes up boardroom

Bankrupt commercial printer Quebecor World Inc. said yesterday its creditors have approved plans of reorganization in Canada and the United States.
Quebecor also said Mark […]

Target pushes basics to reverse sales slide

NEW YORK — Target Corp. is going bananas to keep up with Wal-Mart Stores Inc.
The discounter has long sold groceries. But it is […]