Commodity rally may not signal rapid recovery

The commodity market rally is being seen as a sign of imminent economic recovery, but that could be an extrapolation too far as higher […]

Dollar hits 5-month low

The dollar fell to a five-month low against the euro Friday as inflationary fears heated up and the market continued to fret over a […]

SEC proposes suit versus Countrywide founder Mozilo

U.S. regulators have recommended filing a civil fraud suit against Countrywide Financial co-founder Angelo Mozilo for insider trading, the Wall Street Journal reported on […]

Volvo auction moves ahead; decision possible soon

Ford Motor Co’s sale of Volvo is moving ahead as it runs due diligence on the remaining bidders, and a buyer could be announced […]

Sabia got $21M golden handshake from BCE

MONTREAL – Michael Sabia received a $21-million golden handshake from BCE Inc. when he departed the telecom company last summer, before accepting his controversial […]

U.S. seizes 2 big credit unions

The federal government, in its latest effort to prop up the financial system, took over two big wholesale credit unions Friday with combined assets […]

Nanny ‘blacklist’ proposed

Ottawa is looking to "blacklist" unscrupulous nanny recruitment agencies that exploit foreign caregivers in an attempt to put them out of business, says the federal […]

Whole Foods, FTC settle on Wild Oats

Premium organic grocer Whole Foods Market Inc has settled an antitrust battle with U.S. regulators by agreeing to sell the Wild Oats brand, 13 […]

Auto sales plunge 41%

U.S. auto sales plunged 41% in February, the latest sign of trouble for the battered industry.
The weakness was broad-based, with sales of virtually every […]

GM and Chrysler could miss deadline

DETROIT – General Motors Corp. and Chrysler LLC, racing to finish restructuring plans to present to the federal government, are unlikely to complete deals with […]