Listen Now

Business

Reports say Google, Sony and Intel collaborating on porject known as Google TV

THE CANADIAN PRESS 19 Mar, 2010 0 0

TORONTO - Reports say Google, Sony, and Intel are collaborating on a project known as Google TV. Sources say it would funnel search, video, Twitter, and other Web applications through set-top boxes and into TV sets. Google TV is believed to be a means of making the Web as accessible on a TV a

Samsung sees strong 2010, aims for double-digit sales growth as economy expands

Kelly Olsen, THE ASSOCIATED PRESS 19 Mar, 2010 0 0

SEOUL, South Korea - Samsung Electronics predicted a strong 2010 as economic expansion in advanced and large developing economies gains speed and said it is aiming for double-digit sales growth from last year's record high. The world's largest manufacturer of flat screen televisions and second-b

China calls on U.S. to cool 'emotionalization' on currency, warns of yuan rise

Joe Mcdonald, THE ASSOCIATED PRESS 19 Mar, 2010 0 0

BEIJING - China stepped up resistance Friday to U.S. pressure over currency, calling on Washington to cool its "politicization and emotionalization" of the issue and warning a further rise in its yuan could drive exporters out of business. Beijing is trying to head off pressure from U.S. lawmake

Fortress to acquire Quebec manufacturing facility from Fraser Papers for $3M

THE CANADIAN PRESS 18 Mar, 2010 0 0

VANCOUVER, B.C. - Fortress Paper Ltd. has signed an agreement to acquire a manufacturing facility in Thurso, Que., from insolvent Fraser Papers Inc. for $3 million. Vancouver-based Fortress (TSX:FTP), which produces specialty paper, said it intends to spend approximately $153 million to convert

Canadian bookworms shouldn't expect parity on the price of their books

Sunny Freeman, THE CANADIAN PRESS 18 Mar, 2010 0 0

TORONTO - Cloy Hinbest picked up a bestseller at a downtown Toronto bookstore, and was immediately struck by the disparity between the Canadian and U.S. prices listed on the book's jacket, even as the loonie hovers around par with the U.S. greenback. "Since the dollar is almost the same as the U

Palm sales slump in third quarter as its new phones struggle for attention; stock hammered

Peter Svensson, THE ASSOCIATED PRESS 18 Mar, 2010 0 0

NEW YORK - Palm Inc. reported sales figures Thursday that showed it's having a difficult time getting consumers to pay attention to its phones in a market dominated by iPhones and BlackBerrys. The company's shares plunged in after-hours trading. Palm shipped 960,000 smart phones to stores and

Home improvment retailer Lowe's to open its first Saskatchewan store in Regina

THE CANADIAN PRESS 18 Mar, 2010 0 0

TORONTO - Home improvement retailer Lowe's plans to open its first Saskatchewan store in Regina, sometime in the company's fiscal 2011 first quarter. "Lowe's commitment to expanding throughout Western Canada continues with our first location in Saskatchewan," Lowe's Canada president Alan Huggins

A tale of two recoveries: The super-rich are spending again, but gloom persists for the rest

Christopher S. Rugaber, THE ASSOCIATED PRESS 18 Mar, 2010 0 0

WASHINGTON - For the super-rich and everyone else, the economic recovery is taking place in two very different gears. A British company is betting there's a market in North America for a US$200,000 sports car built with Formula One race technology, announcing Thursday that it will unveil the ver

Sliding commodity stocks push TSX lower; N.Y. helped along by inflation data

Malcolm Morrison, THE CANADIAN PRESS 18 Mar, 2010 1 27

TORONTO - The Toronto stock market closed lower as doubts about what European countries will do to help Greece with its debt crisis pushed the U.S. dollar higher and punished commodity prices. The S&P/TSX composite index dropped 60.65 points to 12,040.01 and the TSX Venture Exchange was down 2.9

New wireless player Public Mobile to carve out place with no-frills service

Luann Lasalle, THE CANADIAN PRESS 18 Mar, 2010 0 0

MONTREAL - New wireless player Public Mobile is looking to win customers who don't already have cellphones with a no-contract, no-frills service that lets it avoid competing directly with established carriers. "We're targeting the working class, ethnic Canadians who make up the vast majority of
See More Business News

Features