Recent Business Headlines
at 21:38 on July 31, 2014, EDT.
Trump's attorney confirms 'The Donald' selected to advance in Bills' sale process
BUFFALO, N.Y. - Donald Trump remains in the running to purchase the Buffalo Bills.
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at 19:33 on July 31, 2014, EDT.
Pipeline company TransCanada reports second-quarter profit of $416 million
CALGARY - TransCanada Corp. (TSX:TRP), which is close to filing a regulatory application for its Energy East oil pipeline to Atlantic Canada, said an asset sale boosted its profits during the second quarter.
at 19:09 on July 31, 2014, EDT.
Alpha says it plans 1,100 layoffs at coal mines in W.Va., cites weak markets, regulation
CHARLESTON, W.Va. - One of the nation's largest coal producers said Thursday it expects to lay off 1,100 workers at 11 southern West Virginia surface coal mines by mid-October, citing dismal markets and federal regulation.
at 18:45 on July 31, 2014, EDT.
Metropolitan Opera asks federal mediator to resolve labour gridlock threatening lockout
NEW YORK, N.Y. - It's a drama worthy of the Metropolitan Opera: Frantic, last-minute labour negotiations aimed at averting a lockout that threatens an immediate halt to pay and benefits for thousands of singers, musicians, stagehands and other workers.
at 18:36 on July 31, 2014, EDT.
Penn West Petroleum shares dive after accounting review finds faults
CALGARY - Shares in Penn West Petroleum Ltd. (TSX:PWT) fell sharply Wednesday after the company announced it's reviewing its accounting practices going back several years and will have to restate some of its past financial reports.
at 18:09 on July 31, 2014, EDT.
Most actively traded companies on the TSX
Some of the most active companies traded Thursday on the Toronto Stock Exchange:
at 17:57 on July 31, 2014, EDT.
B.C. First Nation behind landmark land title case releases mining policy
VANCOUVER - A British Columbia First Nation behind a recent Supreme Court of Canada case that significantly expanded aboriginal land title rights laid out ground rules Thursday for mining projects on its traditional territory, requiring resource companies to minimize the negative impacts of projects while sharing revenue.
at 17:54 on July 31, 2014, EDT.
Shaw Communications buys data centre for US$1.2B
CALGARY - Shaw Communications (TSX:SJR.B) is buying Colorado-based data centre ViaWest Inc. in a bid to enhance its data services and cloud capabilities.
at 17:07 on July 31, 2014, EDT.
Maple Leaf Foods is hoping consumers get used to paying more for bacon, sausages
TORONTO - Being forced to pay more for bacon and sausages left a bad taste with some consumers in the last quarter, but Maple Leaf Foods is anticipating that the higher prices will not act as a deterrent for much longer.
at 16:58 on July 31, 2014, EDT.
Gildan to expand its Central American textile production with Honduras plant
MONTREAL - Gildan Activewear is further expanding its Central American textile production capacity and looking for more acquisitions as the apparel maker pursues international growth.
at 16:53 on July 31, 2014, EDT.
Target taps outsider as CEO for first time in push to redefine itself with shoppers
NEW YORK, N.Y. - Target is bringing in an outsider as its CEO for the first time as the retailer fights to redefine itself to American shoppers.
at 16:34 on July 31, 2014, EDT.
TSX moves off record high, tumbles 194 points amid earnings disappointments
TORONTO - North American stock markets had their biggest one-day tumble since early February on Thursday but analysts were hard-pressed to identify a single reason for the drop.
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