U.S. consumer confidence near 16-year low

NEW YORK – Soaring gasoline prices and weakening job prospects left American shoppers gloomier about the economy in May, sending a key barometer of […]

Telus profits up 49%

CALGARY – Telus Corp.has reported a 49 per cent increase in first-quarter net income to $291 million as revenue grew 6.6 per cent over […]

Job cuts in April less severe than feared

The U.S. economy lost jobs for the fourth month in a row in April but at a slower pace than earlier in the year, […]

Alberici Constructors acquires Atlanta-based WWPS

WWPS was founded in 1997 and has projects primarily in the greater Atlanta area. Founder Keith Willis will become the general manager for the […]

A recession? How severe, and at what cost?

The U.S. economy is screeching to a halt, slammed by collapsing consumer confidence and house prices. Spending has been hit by problems on both […]

Bear Stearns employees flood Street rivals with resumes

Bear Stearns Cos (BSC.N: Quote, Profile, Research) employees are flooding Wall Street with their resumes as the firm is acquired by rival JPMorgan Chase […]

Consumer confidence plummets in March

Consumer confidence plummeted to a five-year low in March, according to a report released Tuesday, as Americans gloomily surveyed an economic landscape blighted by […]

HSBC, Bank of China, MayBank race for BII stake

HSBC, Europe’s biggest bank, Bank of China and Malaysia’s Malayan Banking Bhd have emerged as the final bidders for Singapore state investor Temasek’s stake […]

Motorola

Motorola Inc. said Friday Stu Reed, formerly president of its troubled mobile device business, has left the company effective immediately.
A company spokeswoman said Reed […]

Fed

The Federal Reserve’s interest rate cuts are aimed at shielding the economy from tight credit, and policy-makers will watch credit conditions closely as they […]