NEWS1130

Business

July, 02, 2009

SEATTLE - Billionaire Warren Buffett has donated $1.25 billion in Berkshire Hathaway Inc. stock to the Bill&Melinda Gates Foundation.

The gift is the third instalment ...

MONTREAL - Groupe Aeroplan Inc. (TSX:AER) said Thursday that a group is seeking to file a class action lawsuit against the company in Quebec ...

NEW YORK - Federal marshals seized disgraced financier Bernard Madoff's US$7-million Manhattan penthouse on Thursday and forced his wife to move out and leave ...

WASHINGTON - Three Illinois banks were shuttered Thursday as government regulators proposed new rules for private equity firms seeking to take over failed banks.

Regulators ...

Ford (NYSE:F) drove its Canadian auto and light truck sales higher in June as most of its major competitors retreated, resulting in the company ...

TORONTO - The future of the Navistar truck plant in Chatham, Ont., is in limbo following a rejection of the company's latest offer by ...

MONTREAL - Air Canada (TSX:AC.B) and the union representing its mechanics and technical staff will meet Friday after workers narrowly rejected a key labour ...

NEW YORK - The judge in the General Motors Corp. bankruptcy case adjourned a three-day hearing without indicating when he will rule on the ...

OTTAWA - Canadians will be fighting to recoup what they lost during the recession for several years even after growth returns to the economy, ...

TORONTO - The energy sector led the Toronto stock market to a lower close Thursday amid disappointing data that showed the U.S. unemployment rate ...

MONTREAL - Bell Canada (TSX:BCE) says it has wrapped up the purchase of electronics retailer The Source and finished acquiring the half-interest that it ...

NEW YORK - Oil prices tumbled to their lowest level in a month Thursday following the release of woeful job numbers in Europe and ...

TORONTO - Globe and Mail management and a union representing its staff were still in contract negotiations Thursday afternoon, heading towards a midnight deadline ...

WASHINGTON - American employers cut a larger-than-expected 467,000 jobs in June and the unemployment rate climbed to a 26-year high of 9.5 per cent. ...

WINNIPEG - Nordic Oil & Gas Ltd (TSXV:NOG) and partner Western Warner Oils Ltd. said Thursday they plan to apply to the province of ...

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