Recent Business Headlines

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at 16:30 on September 22, 2014, EDT.

Final arguments underway in Quebec class-action tobacco suit

MONTREAL - Final legal arguments began Monday in a landmark and 16-year multibillion-dollar battle pitting Quebec smokers against Big Tobacco.

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at 16:06 on September 22, 2014, EDT.

TV reporter reveals herself as marijuana advocate, quits on air

ANCHORAGE, Alaska - A television reporter revealed during a live on-air segment that she owns a medical marijuana business and was quitting her job to advocate for the drug ahead of a November ballot initiative to legalize the recreational use of pot in Alaska.

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at 16:25 on September 22, 2014, EDT.

Loonie falls, BoC says Canada still needs extra stimulus to help economy

TORONTO - The Canadian dollar headed lower Monday as a top Bank of Canada official said the country's struggling economy still needs low interest rates to help with the recovery.

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at 18:09 on September 22, 2014, EDT.

Veresen buys stake in U.S. natural gas pipeline system for US$1.425 billion

CALGARY - Veresen Inc. (TSX:VSN) is spending more than US$1.4 billion to buy a stake in a U.S. pipeline, a deal it says will bolster the company's plans to ship liquefied natural gas from a proposed terminal on the Oregon coast.

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at 17:10 on September 22, 2014, EDT.

Most actively traded companies on the TSX

Some of the most active companies traded Monday on the Toronto Stock Exchange:

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at 16:44 on September 22, 2014, EDT.

Toronto stock market suffers three-digit loss amid backdrop of China worries

TORONTO - The Toronto stock market suffered a triple-digit loss Monday as commodities prices mostly fell amid continuing worries over slowing growth in China.

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at 15:09 on September 22, 2014, EDT.

Low rates still needed, Bank of Canada senior deputy governor says

TORONTO - Canada's struggling economy still needs the extra boost of monetary stimulus to help keep the recovery on track, and it might take longer than expected to get there, Bank of Canada senior deputy governor Carolyn Wilkins said Monday.

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at 15:30 on September 22, 2014, EDT.

Harper welcomes South Korean president following completion of free trade pact

OTTAWA - The freshly inked free trade deal with South Korea gives Canada the best possible partner in pursuing more such deals in Asia, Prime Minister Stephen Harper said Monday.

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at 14:28 on September 22, 2014, EDT.

Canadians are in NYC seeking a cleaner world, and not just at the climate summit

NEW YORK, - While hundreds of thousands of people marched against climate change in New York City, across town, two young Canadian entrepreneurs displayed an invention they hope might put a little dent in the global carbon footprint.

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at 12:14 on September 22, 2014, EDT.

Apple says it sold 10 million new iPhone 6, 6 Plus models in first weekend after launch

NEW YORK, N.Y. - Apple says it sold more than 10 million iPhone 6 and 6 Plus models, a record for a new model, in the three days after the phones went on sale.

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at 13:50 on September 22, 2014, EDT.

Video game company deploys Rudy Giuliani to fight lawsuit filed by ex-dictator Manuel Noriega

LOS ANGELES, Calif. - Former New York City Mayor Rudy Giuliani is joining a video game company's legal fight against disgraced Panamanian dictator Manuel Noriega, who is suing Activision over his inclusion in one of its popular "Call of Duty" games.

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Content Provided By Canadian Press.

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