Recent Business Headlines
at 22:45 on May 19, 2013, EDT.
'Trek' does $70.6M but falls short of studio hopes; 'Iron Man 3' tops $1B worldwide
LOS ANGELES, Calif. - "Star Trek: Into Darkness" has warped its way to a $70.6 million domestic launch from Friday to Sunday, though it's not setting any light-speed records with a debut that's lower than the studio's expectations.
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at 13:34 on May 19, 2013, EDT.
Slim, Mexico's biggest broadcaster take fight to soccer field
MEXICO CITY - Mexicans often feel that billionaire Carlos Slim owns everything in their country, from telephone and Internet companies to banks and chain stores, but his latest acquisitive foray is meeting resistance after touching a national passion: soccer.
at 10:12 on May 19, 2013, EDT.
Top White House adviser says Obama learned of IRS scandal from news reports
WASHINGTON - A top White House adviser insisted President Barack Obama learned the Internal Revenue Service had targeted tea party groups only "when it came out in the news" while Republicans continued to press the administration for answers on Sunday.
at 09:15 on May 19, 2013, EDT.
Many new-car dealers not using voluntary fuel-efficiency labels: report
OTTAWA - A growing number of Canada's car dealers are removing fuel-efficiency labels that the industry agreed to display on each vehicle under a voluntary deal reached with Ottawa 15 years ago.
at 06:00 on May 19, 2013, EDT.
U.S. markets eye Fed minutes for hints of end to bond buyin program
TORONTO - North American markets will focus this week on the release of the latest minutes from the U.S. Federal Reserve for any clues on when the world's largest economy will taper off its aggressive monetary stimulus program.
Wealth management key for banks amid slow growth in retail banking
TORONTO - As Canada's biggest banks prepare to report their second-quarter results, analysts say those that rely more heavily on wealth management and global markets will fare better amid slowing growth in Canadian retail banking.
at 10:49 on May 18, 2013, EDT.
Federal financial agency ignores dollar limit on hospitality spending
OTTAWA - A federal agency that ensures banks and other financial institutions follow the rules has itself broken the rules on hospitality spending.
at 19:19 on May 17, 2013, EDT.
Ex-Groupon CEO Mason 'takin' care of business' with motivational album, plans for new company
NEW YORK, N.Y. - Former Groupon CEO Andrew Mason is diving into several new ventures, including indulging his inner rock star with an album of "motivational business music."
at 15:52 on May 17, 2013, EDT.
Retirement will test if Beckham built a lasting brand in path few have travelled successfully
PARIS - David Beckham's pecs are at least as much a part of his brand as his kick; his brand of shoes ultimately more lucrative than the game he's giving up. Listed as the world's highest-earning athlete for 2013, Beckham's retirement from play still leaves him with valuable endorsements and unparalleled celebrity. The question is whether he can maintain it.
at 15:10 on May 17, 2013, EDT.
SNC-Lavalin says former executive's illegal actions justify firing
MONTREAL - SNC-Lavalin says it was justified in firing a former executive last year because it claims he acted illegally to help smuggle the son of Libya dictator Moammar Gadhafi to Mexico.
at 17:28 on May 17, 2013, EDT.
Most actively traded companies on the TSX, TSX Venture Exchange markets
TORONTO - Some of the most active companies traded Friday on the Toronto Stock Exchange and the TSX Venture Exchange:
at 17:25 on May 17, 2013, EDT.
Toronto, Wall Street surge higher amid positive U.S. data, consumer sentiment
TORONTO - The Toronto Stock Exchange surged ahead Friday, encouraged by gains from the U.S. markets, after data showed the world's largest economy may be in recovery.
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