Public sector pensions based on ‘fanciful’ returns: report

Canadian taxpayers could be on the hook for underfunded federal-government pensions, says a study from the C.D. Howe Institute.
Ottawa

Business owner watches as pay phones fade away

At 62, Jim Nesselhauf is not sure which will come first, retirement or the demise of his business

Jamestown Mall foreclosed, put up for sale

The lender for one of the largest shopping malls in the region, Jamestown Mall in north St. Louis County, has foreclosed on the property and […]

Eären Hummel hired as landscape designer at Bellefontaine Cemetery

Bellefontaine Cemetery has hired Eären L. Hummel as its director of landscape design.
Hummel specializes in historic and cultural landscapes. She documents and analyzes landscapes leading […]

Shoppers snap up Cyber Monday deals

Shoppers seem to be just as enthusiastic about shopping on their computers and smartphones on Cyber Monday as they were about finding deals over the […]

Airlines cut small jets as fuel prices soar

The little planes that connect America’s small cities to the rest of the world are slowly being phased out.
Airlines are getting rid of these planes […]

Japan insurer reduces scandal-ridden Olympus stake

Nippon Life Insurance, the top shareholder in scandal-ridden Olympus Corp., said Thursday it reduced its stake in the Japanese camera and medical equipment maker that […]

For Obama, a day of heavy diplomacy in Hawaii

Courting help from Asian powers, President Barack Obama on Saturday sought to improve the beleaguered American jobs outlook with an eye toward next year’s election […]

Consumer borrowing up, but credit card use falls

Americans borrowed more in September to buy cars and attend college, but they charged less to their credit cards for a third straight month. The […]

Death toll from Thailand floods rises past 500

The nationwide death toll from flooding in Thailand climbed past 500 on Sunday, as the polluted black water continued its march through northern Bangkok, pouring […]