Banks closed in Ga, NC; makes 77 failures in 2011

Regulators have closed a small bank in Georgia and one in North Carolina, boosting to 77 the number of U.S. bank failures this year.
The Federal […]

Feds may intervene in airline strike

The Canadian government was considering its options Monday but made it clear that a strike at Air Canada would not be tolerated after flight attendants […]

Why living downtown has become more attractive

When Jeff Walker purchased his home a decade ago in downtown Ottawa, environmental sustainability and transportation costs were a big reason.
“I had to sacrifice 20 […]

BofA debit card fee may change customers’ spending methods

Angela Malerba, who works in public relations in Boston, carries a debit card because she likes to know when she buys something that she has […]

Ask the expert: Bob Berkley, Association of Modified Asphalt Producers

What is modified asphalt, and how can it help solve budget concerns facing the road construction industry?
While asphalt is a thick and sticky liquid produced […]

Finnish FM: No deal likely on Greek collateral

Finland’s finance minister said she doesn’t expect the eurozone to resolve a dispute over her country’s demand for collateral for loans to Greece at a […]

Stock rise on bank support plan for Europe

Stocks are sharply higher after central banks in Europe and the U.S. announced a joint move to support European banks.
The European Central Bank, the U.S. […]

BMO launches s mobile phone ’swipe and pay’

Going to the coffee shop? Forget your wallet. Just take your mobile phone.
Bank of Montreal customers can now make payments simply by waving their mobile […]

Size matters in world of pensions

Bigger is better, at least when it comes to pension funds.
The largest

Developed nations struggle to restore growth

The financial leaders of the world’s most developed economies wrangled Friday over how to revive a faltering recovery at a time when interest rates are […]