Business News
Palm sales slump in third quarter as its new phones struggle for attention; stock hammered
NEW YORK - Palm Inc. reported sales figures Thursday that showed it's having a difficult time getting consumers to pay attention to its phones in a market dominated by iPhones and BlackBerrys. The ...
Home improvment retailer Lowe's to open its first Saskatchewan store in Regina
TORONTO - Home improvement retailer Lowe's plans to open its first Saskatchewan store in Regina, sometime in the company's fiscal 2011 first quarter. "Lowe's commitment to expanding throughout West...
Retail gasoline prices hit $2.80 per gallon, highest mark since October 2008
U.S. motorists are paying the highest prices for gas since October 2008. Retail gasoline prices rose on Thursday on an expected increase in demand and as more expensive spring and summer blends of ...
Auto sector collapse pushes trade with U.S. and Mexico to fall 23 per cent in 2009
MONTREAL - A structural change in demand for autos and wood products will likely limit growth in North American trade for years after it suffered its worst decline in 2009 since NAFTA went into effect...
CRTC says private conventional TV stations booked $116.4 million loss last year
TORONTO - Canada's biggest private television broadcasters made major cuts last year, as they grappled with the recession, but the industry still booked a big financial loss. The Canadian Radio-tel...
A tale of two recoveries: The super-rich are spending again, but gloom persists for the rest
WASHINGTON - For the super-rich and everyone else, the economic recovery is taking place in two very different gears. A British company is betting there's a market in North America for a US$200,000...













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