Recent Business Headlines

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at 23:04 on October 19, 2014, EDT.

Japan's trade minister, female appointee to Cabinet, resigns over campaign finance allegations

TOKYO - Japan's trade minister resigned Monday amid growing controversy over allegations that she misused campaign funds, though she did not admit to any wrongdoing.

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at 20:05 on October 19, 2014, EDT.

Stock markets in for further swings, investors try to gauge depth of downturn

TORONTO - Stock markets are likely in for more volatility this week as traders wonder if sharp gains at the end of last week signal an end to what would be a relatively mild retracement — defined as a temporary reversal in the direction of a stock's price that goes against the prevailing trend — or a full blown correction. That sort of downdraft carves at least 10 per cent from market highs.

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at 17:51 on October 19, 2014, EDT.

Brad Pitt's WWII drama 'Fury' blows away 'Gone Girl' to top weekend box office

LOS ANGELES, Calif. - The bloody World War II drama "Fury" blew past "Gone Girl" at theatres this weekend.

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at 23:09 on October 18, 2014, EDT.

Russian container ship towed away from Canadian coast after drifting again in rough seas

PRINCE RUPERT, B.C. - A large tug boat was pulling a disabled Russian cargo ship along British Columbia's coast, ending fears that the vessel carrying hundreds of tons of fuel would drift ashore, hit rocks and spill.

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at 02:03 on October 18, 2014, EDT.

Indonesia's incoming president gets boost after meeting rival, but tough challenges await

JAKARTA, Indonesia - Rebooting a slowing economy in a nation of 250 million where inequality is rising, a looming decision on raising fuel prices and vulnerability to any U.S. interest rate hikes would be enough to tax any incoming president.

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at 15:46 on October 17, 2014, EDT.

'Easy Rider' chopper going to auction in California, but it might not be the original

CALABASAS, Calif. - The customized Captain America chopper Peter Fonda rode in "Easy Rider" is up for auction this weekend in California.

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at 18:07 on October 17, 2014, EDT.

Harper says he's optimistic about commodities, despite the ups and downs

OTTAWA - As Prime Minister Stephen Harper offered soothing words to those battered by the recent tumult in the Canadian commodity sector, there were already signs Friday that consumers are finding relief in the falling price of oil.

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at 16:51 on October 17, 2014, EDT.

Most actively traded companies on the TSX

TORONTO - Some of the most active companies traded Friday on the Toronto Stock Exchange:

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at 16:49 on October 17, 2014, EDT.

Fed chair expresses deep worries about growing US wealth gap

WASHINGTON - Federal Reserve Chair Janet Yellen sounded an alarm Friday about widening economic inequality in the United States, suggesting that America's longstanding identity as a land of opportunity was at stake.

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at 16:33 on October 17, 2014, EDT.

Stocks surge: buyers descend on beaten down shares, hope for QE relief

TORONTO - The Toronto stock market charged ahead for a second day Friday, racking up a strong tripled-digit advance as traders bought up stocks badly beaten down over the course of a string of market jolts and amid speculation that the U.S. Federal Reserve might extend a key stimulus program.

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at 16:20 on October 17, 2014, EDT.

Loonie lower on declining inflation, less volatility on financial markets

TORONTO - The Canadian dollar closed lower Friday amid data showing tame inflationary pressures.

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Content Provided By Canadian Press.

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