Business News

1:01 PM
20-November
2009 European Stocks Extend Declines Into Fourth DayEuropean stocks were down overall on Friday. The four-day losing streak was the longest decline for the Continent's regional indices in four months.
Topics: Business

12:11 PM
20-November
2009 Bill Would Restrict Fed, Audit PoliciesThe Federal Reserve would have its regulatory power constrained and forced to undergo an audit of its monetary policies under a bill being considered by a House committee.
Topics: Business, Politics

11:36 AM
20-November
2009 Smoking Pays Off Big For Former SmokerAfter her quarter-century addiction to smoking, Cindy Naugle has developed acute emphysema, is confined to a wheelchair and lugs around an oxygen tank everywhere she goes. But today, she is $300 million richer after winning a lawsuit against a tobacco company.
Topics: United States, Health, Business

9:43 AM
20-November
2009 Asian Stocks Fall For Fourth DayAsian stocks were mostly down on Friday, falling for a fourth day. The S&P/ASX 200 declined 1.3 percent in Sydney. The drop was the biggest for the index in almost three weeks. Gains were hard to find.
Topics: Business

8:22 PM
19-November
2009 Canada Registers 0.1 Inflation Rate In OctoberCanada registered a 0.1 percent inflation rate in October. The return to positive digits reverses the negative 0.9 percent consumer price index recorded in September.
Topics: Canada, Business

   

6:19 PM
19-November
2009 Toronto Transit Commission Approves Fare Hike, To Take Effect Jan. 3The Toronto Transit Commission approved on Tuesday a fare hike which will take effect Jan. 3, 2010. The increase adopts the recommendation made by the transit's staff on Nov. 4.
Topics: Canada, Business, Travel

6:16 PM
19-November
2009 Oldest Black Newspaper Marks 125th Year With Gala For 1,250 GuestsThe Philadelphia Tribune, the nation's oldest and the Greater Philadelphia region's largest newspaper serving the African-American community, will celebrate its 125th year on Saturday with a gala for more than 1,250 people.
Topics: United States, Good, Business

5:17 PM
19-November
2009 Mortgage Delinquencies Hit Record 14.4 PercentBreaking a record set only three months ago, the share of mortgage loans in foreclosure or with at least one payment past due hit 14.4 percent in the third quarter, the Mortgage Bankers Association said Thursday.
Topics: Business, United States

5:17 PM
19-November
2009 Report: Toronto Has Potential As Global Financial HubToronto has a potential to be in the league of New York and London as one of the global top 10 financial hubs. To reach that point, Toronto has to improve its competitiveness and initiate measures in several areas, according to a report by The Boston Consulting Group released Wednesday.
Topics: Canada, Business, World

5:16 PM
19-November
2009 U.S. Stocks Drop Sharply After Asia, Europe DeclinesU.S. stocks fell sharply on Thursday, following a decline set earlier in the day by Asian and European stocks.
Topics: Business