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            <![CDATA[ News1130: Recent  Business Articles]]>
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        <ttl>10</ttl>
        <link>http://www.news1130.com/business/rss</link>
        <language>en-us</language>
        <lastBuildDate>Sat, 04 Feb 2012 10:35:12 -0400</lastBuildDate>
        
        
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                      <title><![CDATA[Sony expanding Vancouver effects and animation studios]]></title>
                     <description><![CDATA[Sony is expanding its Vancouver visual effects and digital animation studio, less than two years after setting up shop. It will double its space in Yaletown by March by leasing a second location.]]></description>
                      <link>http://www.news1130.com/business/article/326951--sony-expanding-vancouver-effects-and-animation-studios</link>
                      <category>News</category>
                      <pubDate>Fri, 03 Feb 2012 11:48:19 -0400</pubDate>
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                      <title><![CDATA[Facebook goes public]]></title>
                     <description><![CDATA[Documents filed today say Facebook hopes to raise five billion dollars in its I-P-O, but that amount could change in the next three to four months as Facebook's bankers gauge investor demand.]]></description>
                      <link>http://www.news1130.com/business/article/325892--facebook-goes-public</link>
                      <category>News</category>
                      <pubDate>Wed, 01 Feb 2012 14:44:22 -0400</pubDate>
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                      <title><![CDATA[US Federal Reserve decision helps push Loonie back to parity]]></title>
                     <description><![CDATA[The Loonie is at parity with the US dollar for the first time in three months, thanks to the US Federal Reserve promising to keep interest rates at a record low for longer than expected.]]></description>
                      <link>http://www.news1130.com/business/article/323957--us-federal-reserve-decision-helps-push-loonie-back-to-parity</link>
                      <category>News</category>
                      <pubDate>Thu, 26 Jan 2012 08:46:16 -0400</pubDate>
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                      <title><![CDATA[Even with RIM shakeup, communications giant will stand by]]></title>
                     <description><![CDATA[Even with the recent RIM shakeup and plummeting stock, the head of Canada's largest wireless company say he's looking forward to working with the technology company.]]></description>
                      <link>http://www.news1130.com/business/article/322771--even-with-rim-shakeup-communications-giant-will-stand-by</link>
                      <category>News</category>
                      <pubDate>Mon, 23 Jan 2012 18:49:59 -0400</pubDate>
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                      <title><![CDATA[Canada's annual inflation slides to 2.3 per cent in December]]></title>
                     <description><![CDATA[Prices for most major items -- from gasoline and food, to cars and clothing -- plunged in December. Regionally, BC's rate of prince inflation was the lowest at 1.7 per cent.]]></description>
                      <link>http://www.news1130.com/business/article/321889--canada-s-annual-inflation-slides-to-2-3-per-cent-in-december</link>
                      <category>News</category>
                      <pubDate>Fri, 20 Jan 2012 07:05:11 -0400</pubDate>
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                      <title><![CDATA[Vancouver's economy rises in ranking]]></title>
                     <description><![CDATA[CIBC World Markets puts Vancouver in fifth place, rising from seventh a year ago. Toronto once tops the list, with economic momentum at its highest level in more than 10 years.]]></description>
                      <link>http://www.news1130.com/business/article/321501--vancouver-s-economy-rises-in-ranking</link>
                      <category>News</category>
                      <pubDate>Thu, 19 Jan 2012 09:58:29 -0400</pubDate>
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                      <title><![CDATA[Rogers, Bell buy majority stake in Toronto Maple Leafs]]></title>
                     <description><![CDATA[News1130's parent company has bought a stake in the Toronto Maple Leafs. Rival media giants Rogers and Bell have teamed up to buy a 75 per cent share in Maple Leaf Sports and Entertainment.]]></description>
                      <link>http://www.news1130.com/business/article/308318--rogers-bell-buy-majority-stake-in-toronto-maple-leafs</link>
                      <category>News</category>
                      <pubDate>Fri, 09 Dec 2011 05:59:58 -0400</pubDate>
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                      <title><![CDATA[Canadian consumer confidence on the decline]]></title>
                     <description><![CDATA[The Canadian Consumer Confidence Index declined by five points in the fourth quarter. The Harris/Decima survey says a quarter of us believe we'll be in a better financial condition within a year.]]></description>
                      <link>http://www.news1130.com/business/article/307955--canadian-consumer-confidence-on-the-decline</link>
                      <category>News</category>
                      <pubDate>Thu, 08 Dec 2011 06:30:14 -0400</pubDate>
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                      <title><![CDATA[Interest rate unchanged]]></title>
                     <description><![CDATA[The Bank of Canada is keeping its benchmark interest rate at one per cent for a little while longer. It cites a weakening economy and deeper than predicted recession in Europe for the move.]]></description>
                      <link>http://www.news1130.com/business/article/307015--interest-rate-unchanged</link>
                      <category>News</category>
                      <pubDate>Tue, 06 Dec 2011 06:26:45 -0400</pubDate>
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                      <title><![CDATA[Metro Vancouver housing starts rise]]></title>
                     <description><![CDATA[A federal agency says 1,722 homes begun in the Vancouver census area last month, an increase of 19 per cent. Most of the action was in Surrey, Langley and Burnaby.]]></description>
                      <link>http://www.news1130.com/business/article/297004--metro-vancouver-housing-starts-rise</link>
                      <category>News</category>
                      <pubDate>Tue, 08 Nov 2011 09:58:44 -0400</pubDate>
                      <guid isPermaLink="false">297004</guid>
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                      <title><![CDATA[Economy sheds 54,000 jobs]]></title>
                     <description><![CDATA[Canada's jobs market took a turn for the worse last month, driving the unemployment rate up two notches to 7.3 per cent. Most jobs lost were in the manufacturing and construction trades.]]></description>
                      <link>http://www.news1130.com/business/article/295764--economy-sheds-54-000-jobs</link>
                      <category>News</category>
                      <pubDate>Fri, 04 Nov 2011 09:32:59 -0400</pubDate>
                      <guid isPermaLink="false">295764</guid>
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                      <title><![CDATA[Two Lower Mainland HMV stores closing]]></title>
                     <description><![CDATA[The HMV store on Burrard and Robson is closing early next year. The Richmond location is closing as well. The company isn't saying how many employees are affected.]]></description>
                      <link>http://www.news1130.com/business/article/295438--two-lower-mainland-hmv-stores-closing</link>
                      <category>News</category>
                      <pubDate>Thu, 03 Nov 2011 20:02:07 -0400</pubDate>
                      <guid isPermaLink="false">295438</guid>
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                      <title><![CDATA[Cool October for Local Home Sales]]></title>
                     <description><![CDATA[The REBGV says sales on the MLS system were one per cent lower than a year earlier. The industry group's adjusted average selling price for a home rose 7.5 per cent.]]></description>
                      <link>http://www.news1130.com/business/article/294980--cool-october-for-local-home-sales</link>
                      <category>News</category>
                      <pubDate>Wed, 02 Nov 2011 12:24:46 -0400</pubDate>
                      <guid isPermaLink="false">294980</guid>
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                      <title><![CDATA[EU leaders agree to bail-out plan, Greek stocks surge]]></title>
                     <description><![CDATA[The deal requires banks to take on 50 per cent losses on Greek's bonds. Eurozone countries and the IMF will also provide an additional C100 billion in rescue loans.]]></description>
                      <link>http://www.news1130.com/news/world/article/292948--eu-leaders-agree-to-bail-out-plan-greek-stocks-surge</link>
                      <category>News</category>
                      <pubDate>Thu, 27 Oct 2011 06:14:05 -0400</pubDate>
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                      <title><![CDATA[Most Canadians don't have an emergency fund: RBC]]></title>
                     <description><![CDATA[More than half of Canadians have no savings set aside for a rainy day and many who do dip into them to help pay for everyday expenses, according to a survey by the Royal Bank of Canada.]]></description>
                      <link>http://www.news1130.com/news/national/article/292485--most-canadians-don-t-have-an-emergency-fund-rbc</link>
                      <category>News</category>
                      <pubDate>Wed, 26 Oct 2011 08:48:14 -0400</pubDate>
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                      <title><![CDATA[How will unchanged interest rate affect housing market?]]></title>
                     <description><![CDATA[The Bank of Canada is keeping its target interest rate unchanged at one per cent, but it says little else in the global and Canadian economic outlook is stable.]]></description>
                      <link>http://www.news1130.com/news/local/article/292043--how-will-unchanged-interest-rate-affect-housing-market</link>
                      <category>News</category>
                      <pubDate>Tue, 25 Oct 2011 10:56:08 -0400</pubDate>
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                      <title><![CDATA[Sterling Shoes in bankruptcy protection]]></title>
                     <description><![CDATA[Richmond-based Sterling Shoes is under bankruptcy protection after missing debt payments. It has BC Supreme Court protection from creditors, allowing it to stay in business during restructuring.]]></description>
                      <link>http://www.news1130.com/business/article/291047--sterling-shoes-in-bankruptcy-protection</link>
                      <category>News</category>
                      <pubDate>Fri, 21 Oct 2011 12:40:25 -0400</pubDate>
                      <guid isPermaLink="false">291047</guid>
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                      <title><![CDATA[RIM says BlackBerry service fully restored]]></title>
                     <description><![CDATA[After the largest BlackBerry outage ever, Research in Motion says service has been fully restored. The widespread outage in Canada started Monday.]]></description>
                      <link>http://www.news1130.com/news/national/article/287865--rim-says-blackberry-service-fully-restored</link>
                      <category>News</category>
                      <pubDate>Thu, 13 Oct 2011 07:54:18 -0400</pubDate>
                      <guid isPermaLink="false">287865</guid>
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                      <title><![CDATA[Blackberry problems spread]]></title>
                     <description><![CDATA[RIM is blaming a core-switch failure in Europe and says back up systems failed to kick in. Technical glitches have affected millions of BlackBerry users around the world]]></description>
                      <link>http://www.news1130.com/news/national/article/287641--blackberry-problems-spread</link>
                      <category>News</category>
                      <pubDate>Wed, 12 Oct 2011 20:19:12 -0400</pubDate>
                      <guid isPermaLink="false">287641</guid>
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                      <title><![CDATA[Canadian Business magazine reveals richest Canadians]]></title>
                     <description><![CDATA[Number one on the list is the Thomson family. They're worth about $21 billion. Fourth on the list is the Rogers family, which owns News1130. It's worth almost $6 billion.]]></description>
                      <link>http://www.news1130.com/business/article/285682--canadian-business-magazine-reveals-richest-canadians</link>
                      <category>News</category>
                      <pubDate>Thu, 06 Oct 2011 09:32:06 -0400</pubDate>
                      <guid isPermaLink="false">285682</guid>
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                      <title><![CDATA[Steve Jobs, 1955-2011]]></title>
                     <description><![CDATA[Apple says the company's co-founder Steve Jobs has died. He was 56. Jobs, who was dubbed as an innovator, visionary, and genius, had been battling pancreatic cancer.]]></description>
                      <link>http://www.news1130.com/business/article/285593--steve-jobs-1955-2011</link>
                      <category>News</category>
                      <pubDate>Thu, 06 Oct 2011 06:55:25 -0400</pubDate>
                      <guid isPermaLink="false">285593</guid>
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                      <title><![CDATA[Vancouver home prices continue to rise]]></title>
                     <description><![CDATA[Vancouver-area home prices continued to rise in September, but there's moderation in the most affordable type of housing. Prices for detached homes rose three times as much as those for condos.]]></description>
                      <link>http://www.news1130.com/business/article/284909--vancouver-home-prices-continue-to-rise</link>
                      <category>News</category>
                      <pubDate>Tue, 04 Oct 2011 14:52:34 -0400</pubDate>
                      <guid isPermaLink="false">284909</guid>
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                      <title><![CDATA[Stock markets tumble after gloomy Fed assessment]]></title>
                     <description><![CDATA[The S&P/TSX composite index tumbled 417.8 points or 3.5 per cent to 11,496.84, while the junior TSX Venture Exchange lost 89.54 91 points or 5.26 per cent to 1,614.24.]]></description>
                      <link>http://www.news1130.com/business/article/280254--stock-markets-tumble-after-gloomy-fed-assessment</link>
                      <category>News</category>
                      <pubDate>Thu, 22 Sep 2011 11:57:46 -0400</pubDate>
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                      <title><![CDATA[BC home sales will be down, prices at record high: economist]]></title>
                     <description><![CDATA[Central 1 Credit Union forecasts sales will be down less than a point due to a 26 per cent drop in new-home sales. It predicts the median price in BC will be a record $417,000, up 6.8 per cent.]]></description>
                      <link>http://www.news1130.com/business/article/277699--bc-home-sales-will-be-down-prices-at-record-high-economist</link>
                      <category>News</category>
                      <pubDate>Thu, 15 Sep 2011 11:02:02 -0400</pubDate>
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                      <title><![CDATA[Labour minister urges agreement in looming Air Canada strike]]></title>
                     <description><![CDATA[Lisa Raitt isn't calling for back-to-work legislation right now, but isn't denying it as an option. She says if the two sides don't come to an agreement, she intends to sit down with them next week.]]></description>
                      <link>http://www.news1130.com/news/national/article/277642--labour-minister-urges-agreement-in-looming-air-canada-strike</link>
                      <category>News</category>
                      <pubDate>Thu, 15 Sep 2011 06:46:42 -0400</pubDate>
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