U.S. House approves debt bill, Senate rejects it hours later

WASHINGTON

Starbucks 3Q net income up 33 percent

Starbucks Corp. says stronger sales helped drive its third-quarter net income up 33 percent to beat expectations.
The Seattle-based coffee giant said Thursday that it drew […]

Starwood 2Q net income rises, boosts 2011 outlook

Starwood Hotels & Resorts Worldwide Inc. says its second-quarter net income climbed 15 percent on improving demand among business and leisure travelers.
The company, whose brands […]

Is RIM in

As stock markets digested news of Research in Motion

World stocks fall as US debt deadlock continues

World stock markets were lower Monday after U.S. political leaders failed to reach a deal to raise Washington’s debt limit and avoid a default.
Oil prices […]

West Fraser targets more China sales

Lumber producer West Fraser Timber Co. Ltd. is eager to boost its wood sales to China after coming off the highest export shipments in the […]

Hamilton: Boat sharing site rides peer-to-peer wave

Marshall Glenn and his pal John Davis love boating, when they get the chance.
During the record-breaking hot temperatures we

Minn. Legislature works all night to end shutdown

Minnesota lawmakers are working through the night to end the state’s government shutdown, which has stretched to nearly three weeks.
By early Wednesday, lawmakers had sent […]

Toronto

A vibrant labour and housing market has pushed Toronto to the top of CIBC

Investors idolize financial Hall of Famers

While basketball players may aspire to “be like Mike,” as in NBA great Michael Jordan, investors have a variety of role models to choose from. […]