Recent Business Headlines
at 09:02 on November 25, 2015, EST.
Orders for US durable goods jump 3 per cent in October with solid investment advance
WASHINGTON - Orders for long-lasting manufactured goods posted a solid gain in October after two months of weakness, while a key category that tracks business investment plans advanced by the largest amount in three months.
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at 08:59 on November 25, 2015, EST.
Royal Society report urges more research into oil spills' impact on water
CALGARY - A report by the Royal Society of Canada says there are major research gaps when it comes to understanding the environmental impacts of oil spills in water.
at 08:45 on November 25, 2015, EST.
Toyota recalls vehicles in Japan, Europe for Takata air bag defect after injury in Japan
TOKYO - Toyota Motor Corp. is recalling 1.6 million vehicles for defective air bags supplied by embattled Japanese manufacturer Takata Corp.
at 08:35 on November 25, 2015, EST.
Resolute Forest says Forest Stewardship Council certificate reinstated
MONTREAL - Resolute Forest Products Inc. (TSX:RFP) says its Forest Stewardship Council certificate for the Black Spruce/Dog River-Matawin forest in northern Ontario has been reinstated.
Fewer Americans sought US unemployment aid last week as applications fall to very low 260,000
WASHINGTON - The number of people seeking U.S. unemployment aid dropped sharply last week, the latest sign that businesses are cutting few jobs.
at 08:34 on November 25, 2015, EST.
Consumer spending weak for second month, rising 0.1 per cent; incomes post strong gain
WASHINGTON - Consumer spending posted a modest increase for a second straight month in October, while personal income rebounded after a sluggish September.
at 08:25 on November 25, 2015, EST.
Aging population sparks investor interest in health-care real estate assets
TORONTO - As aging baby boomers fuel growing demand for health-care services, investors are increasingly turning their attention to medical office buildings — a niche within the real estate market that some argue is recession proof.
at 07:55 on November 25, 2015, EST.
Futures point to higher open for New York markets ahead of U.S. holiday
TORONTO - The futures market suggested a higher open for stock markets in what is expected to be a light trading day ahead of the U.S. Thanksgiving holiday.
at 04:00 on November 25, 2015, EST.
at 22:08 on November 24, 2015, EST.
8 injured in fire at oil refinery in Mexico; state-owned oil company downgraded
MEXICO CITY - Mexico's state-run oil company said a fire Tuesday at one of its refineries has injured eight people.
at 19:49 on November 24, 2015, EST.
B.C. finance minister forecasts budget surplus decline, but stable economic growth
VICTORIA - British Columbia's budget surplus projections are dipping, but economic growth remains steady amid declines in neighbouring provinces and for overseas trading partners, says Finance Minister Mike de Jong.
at 17:13 on November 24, 2015, EST.
Commodities boost TSX; U.S. indexes reflect geopolitical worries
TORONTO - Geopolitical turmoil boosted the prices of oil and gold on Tuesday, helping the Toronto stock market to a slightly higher close.
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