Business News

5:09 PM
20-November
2009 U.S. Stocks Down For Day, Mixed For WeekU.S. stocks were mildly lower on Friday, continuing a trend that had begun half a day before in markets half a world away in Asia.
Topics: Business

5:06 PM
20-November
2009 New Technologies Employed To Prevent Retail Theft Which Tops $36B, Highest Figure In Six YearsRetail theft was up for the first time in six years according to the National Retail Security Survey conducted by the University of Florida; In 2008, retailers reported losing $36.3 billion to theft, which includes shoplifting, employee theft and vendor fraud.
Topics: Technology, Business, United States

3:29 PM
20-November
2009 Canadian Retailers To Offer Large Holiday Discounts To Counter Weak Consumer ConfidenceWith barely a month to the holidays and sales in malls and department stores still slow, Canadian retailers will offer large discounts to counter the weak consumer confidence.
Topics: Canada, Business

2:07 PM
20-November
2009 Flaherty To Issue Credit, Debit Card Code Of ConductCanadian Finance Minister Jim Flaherty released on Thursday a proposed code of conduct for the credit and debit card industry in the country. The code is based on discussion with merchants and consumer association in Canada.
Topics: Canada, Business

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