Business News

5:39 PM
6-November
2009 U.S. Stocks End Week With Little MovementU.S. stocks edged up slightly on Friday after the monthly jobless figures recorded the highest rate in 26 years. The Dow Jones Industrial Average rose 17.5 points, or 0.17 percent, to 10,023.42, continuing for the third day its climb back past the psychologically important 10,000 level.
Topics: Business, United States

3:30 PM
6-November
2009 European Stocks Advance To End Week UpbeatEuropean stocks were upbeat as they finished the week, rising for a third day in the longest stretch of gains in weeks. Benchmark indices in 10 of the 18 western European markets advanced.
Topics: Business, Good

2:35 PM
6-November
2009 Toronto Transit Commission Mulls 11-15 Percent Fare HikeAn 11 to 15 percent fare hike looms for riders of the Toronto Transit Commission by next year as the TTC staff will propose the increase at the company's Nov. 17 meeting.
Topics: Canada, Business, Travel

11:55 AM
6-November
2009 Report: 1 In 10 Americans Out Of WorkMore than 10 percent of Americans are out of work, the Labor Department reported Friday. It's the highest rate of unemployment in 26 years.
Topics: Business

9:28 AM
6-November
2009 Asian Stocks Advance Across RegionAsian markets rose Friday, demonstrating strong upticks across the region.
Topics: Business, Good

   

5:35 AM
6-November
2009 Research In Motion Seeks To Boost Share Prices Through Buy Back Of $1.2 Billion SharesBlackberry-maker Research in Motion will buy back $1.2 billion worth of its stocks in the next 12 months in a bid to boost the company's share prices. RIM's board approved on Thursday the share repurchase program, which would involve about 21 million common shares, based on current prices.
Topics: Canada, Business, Technology

4:46 AM
6-November
2009 Manulife, Sun Life Post Losses For Q3 2009Two major Canadian insurers reported on Thursday losses for the third quarter of 2009. Manulife Financial Corporation reported a Q3 loss of $172 million, while Sun Life Financial Incorporated logged a Q3 loss of $140 million.
Topics: Canada, Business

9:49 PM
5-November
2009 Opel Workers In Walkout To Protest GM Move Not To Sell FirmThousands of workers of Opel walked out of their jobs Thursday to protest the decision of General Motors, the firm's mother company, not to sell the German firm.
Topics: Business, World

9:25 PM
5-November
2009 Arab Satellite Carriers Drop Iranian TVTwo major satellite carriers have stopped carrying an Arabic-language Iranian channel, a further sign of erosion in relations between Iran and the Arab world
Topics: World, Business, Technology

5:46 PM
5-November
2009 Tyson Found Guilty Of Labor Law Violations In AlabamaPoultry producer Tyson Foods Inc. was found guilty of violating federal labor laws by a jury in Birmingham, Alabama, Thursday The conviction stemmed from an investigation by the Labor Department that began in 2009.
Topics: Business, United States