Business News

Recent Business Headlines

1 to 12 of 188

at 10:43 on April 18, 2015, EDT.

Son: Michigan billionaire philanthropist, shopping mall developer A. Alfred Taubman dies

BLOOMFIELD HILLS, Mich. - A. Alfred Taubman, the self-made Michigan billionaire whose philanthropy and business success — including weaving the enclosed shopping mall into American culture — was clouded by a criminal conviction late in his career, has died. He was 91.


at 20:48 on April 17, 2015, EDT.

Bank of China awarded more than $672 million in B.C. Supreme Court case

VANCOUVER - A B.C. Supreme Court judge has ordered two defendants to pay the Bank of China more than $672 million in an international breach of trust and fraud case.


at 20:35 on April 17, 2015, EDT.

Philadelphia family wins back seized rare Double Eagle gold coins possibly worth $80 million

PHILADELPHIA - A family was awarded the rights to 10 rare gold coins possibly worth $80 million or more on Friday after a U.S. appeals court overturned a jury verdict.


at 17:57 on April 17, 2015, EDT.

Warning lifted as crews fight fire at deep-water shipping terminal in B.C.

SQUAMISH, B.C. - A massive blaze at the Squamish Terminals deep-water port in British Columbia may not be fully extinguished until Saturday, says the community's fire chief.


at 17:53 on April 17, 2015, EDT.

Valeant senior executives scored US$123 million compensation in 2014

MONTREAL - The top five executives at Valeant Pharmaceuticals shared nearly US$123 million in compensation last year, up from US$23.8 million in 2013.


at 17:30 on April 17, 2015, EDT.

Mylan skeptical of rumoured bid from Teva, doubts regulators would approve; both stocks climb

NEW YORK, N.Y. - Generic drugmaker Mylan, citing media speculation that Teva Pharmaceutical may be eyeing it as a takeover target, says it doubts that regulators would approve such a deal and is committed to its current strategy as a stand-alone company.


at 17:18 on April 17, 2015, EDT.

North American markets close lower over worrisome news from overseas

TORONTO - U.S. stock markets closed sharply lower Friday, with the Dow plunging nearly 300 points, while north of the border stronger gold prices helped the Toronto stock market keep losses in check.


at 17:09 on April 17, 2015, EDT.

Next week's federal budget expected to court support from older Canadians

OTTAWA - The Conservative government is expected to court the support of older Canadians in next week's federal budget with a number of measures aimed at demonstrating that they're making seniors a priority.


at 17:08 on April 17, 2015, EDT.

Lower gasoline prices hold back inflation for March as CPI rises 1.2 per cent

OTTAWA - Higher prices for everything from food to electricity last month were offset in part by cheaper gasoline as the inflation rate ticked higher in March.


at 16:44 on April 17, 2015, EDT.

Most actively traded companies on the TSX

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


at 13:40 on April 17, 2015, EDT.

Volkswagen board leaders back CEO Winterkorn, propose contract extension after power struggle

BERLIN - Volkswagen CEO Martin Winterkorn will remain in his job and can look forward to having his contract extended, the leadership of the board said Friday, after a comment by chairman Ferdinand Piech raised widespread doubts about his future.


at 13:26 on April 17, 2015, EDT.

As Verizon FiOS introduces more choice for TV customers, a look at options for Internet video

How other providers stack up against Verizon's new FiOS Custom TV


Content Provided By Canadian Press.