Recent Business Headlines
at 15:22 on September 16, 2014, EDT.
Federal agency seeks $500 million in relief for students at for-profit Corinthian Colleges
WASHINGTON - Corinthian Colleges is being sued by the federal Consumer Financial Protection Bureau for what it calls a "predatory lending scheme."
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at 14:21 on September 16, 2014, EDT.
Flatow, show 'Science Friday' settle claims of misusing federal grant money
HARTFORD, Conn. - Federal prosecutors say radio host Ira Flatow and his "Science Friday" show that airs on many National Public Radio stations have settled civil claims that they misused money from a nearly $1 million federal grant aimed at boosting the show's reach to younger listeners.
at 14:10 on September 16, 2014, EDT.
Toronto stock market climbs ahead of U.S. Fed statement, Scotland referendum
TORONTO - The Toronto stock market moved higher Tuesday amid general wariness over the outcome of this week's meeting of the U.S. Federal Reserve.
at 14:05 on September 16, 2014, EDT.
Correction: Music-U2-iTunes story
NEW YORK, N.Y. - In a story Sept. 15 about U2-iTunes, The Associated Press reported erroneously that the title of the album was "Songs of Freedom." The correct title is "Songs of Innocence."
at 13:57 on September 16, 2014, EDT.
Loonie rises amid signs that BoC will continue hands-off approach to currency
TORONTO - The Canadian dollar climbed more than half a cent Tuesday amid signs from the Bank of Canada that it doesn't plan on interfering with the direction of the loonie.
at 13:56 on September 16, 2014, EDT.
Tim Hortons CEO pushed Burger King to make higher offer, commitments to Canada
TORONTO - Tim Hortons executives spent nearly six months negotiating the US$11-billion takeover deal with Burger King, a process that saw the American company increase its offer for the coffee chain three times.
at 13:40 on September 16, 2014, EDT.
US CEO optimism falls in 3rd quarter as chief executives see less hiring, investment
WASHINGTON - Optimism among chief executives at the largest U.S. companies fell in the July-September quarter after reaching a two-year high in the previous quarter.
at 13:36 on September 16, 2014, EDT.
Spanish bank Santander agrees to buy car loan company Carfinco for $298M
EDMONTON - Shares in Carfinco Financial Group Inc. (TSX:CFN) shot up 33 per cent after Spanish bank Santander signed an agreement to buy the Edmonton-based car loan company for about $298 million in cash.
at 11:56 on September 16, 2014, EDT.
Manufacturing sales hit record high in July, Statistics Canada says
OTTAWA - Canada's manufacturing sector posted record sales for July and topped expectations as it gained 2.5 per cent.
at 07:34 on September 16, 2014, EDT.
Women are more conservative investors than men and want safer investments:study
TORONTO - It seems that it can still be a man's world when it comes to investing.
at 22:47 on September 15, 2014, EDT.
'SheTaxi' app seeks female drivers for women; concerns include safety and religion
NEW YORK, N.Y. - Sometimes a woman can be hard to find — if you're looking for one behind the wheel of a taxi in New York City.
at 20:53 on September 15, 2014, EDT.
PG&E officials removed for improper email communications with California regulators
SAN FRANCISCO - Four senior officials with Pacific Gas & Electric Co. and the state commission regulating it were removed or resigned over emails released Monday showing the utility and state regulators appeared to negotiate which judge would be assigned to hear one of the utility's rate cases.
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