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International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn (R) and Governor of People's Bank of China Zhou Xiaochuan seen in this file photo.

IMF's Lipsky outlines road map for global economy in 2011

John Lipsky, the first deputy managing director of the International Monetary Fund (IMF), has said 2011 will be a pivotal year for the global economic recovery and for international policy cooperation, adding that it's also a crucial year for the Fund as it will try to address these principal challenges.
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A truck stuck in a snow bank is shoveled out as blizzard-like conditions due to high winds continue in Hoboken

Northeast digs out of monster storm

The Blizzard of 2010 has left thousands of people stranded in airports, on roadways and in unplowed neighborhoods throughout the northeast.
skier in NY

Experts: Blame La Niña For Northeast Blizzard

The snowstorm in the Northeastern U.S. that dropped several inches of snow was the result of a combination of an unusually cool Pacific Ocean and smaller than normal pressure differences between the North and South Atlantic.
NORAD Tracks Santa

Tracking 'NORAD Tracks Santa'

NORAD Tracks Santa, the annual Christmas tradition, is gaining popularity like never before. But did you know that the U.S. military department NORAD has been keeping a close eye on Santa's flight since 1955 and the idea was born in 1897?
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Christmas Video Breaks YouTube Record

Ontario-based Alphabet Photography Inc. organized a Flash Mob on November 13th to thank its customer base but the video has gone viral with over 25.5 million views, according to the company.
Sony

Sony Debuts iTunes Competitor

Sony announced its monthly subscription based streaming music service, Music Unlimited powered by Qriocity, has made its official debut in the United Kingdom.
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Starbucks says grocery coffee share down since 2004

Starbucks Corp unveiled new details about its unraveling relationship with Kraft Foods Inc on Wednesday, ahead of a court conference on Kraft's request to force Starbucks to stop plans to take over distribution of its packaged coffee.
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Sony launches online streaming-music service

In what appears to be Sony's success in its efforts to link its hardware with online content-delivery services, the Japanese electronics behemoth said on Wednesday it has launched an online streaming-music service, the Wall Street journal reported.
TD Bank to acquire Chrysler Financial for $6.3 bln

TD Bank to acquire Chrysler Financial for $6.3 bln

Toronto-Dominion Bank has agreed to buy Chrysler Financial from private equity firm Cerberus Capital Management, L.P. (Cerberus) for $6.3 billion in cash, part of a major expansion of Canadian banking behemoths into the United States.
2. Amazon.com

Amazon Canada Unwraps Boxing Week Deals

Amazon Canada announced that beginning Dec. 25, customers can take advantage of amazing Boxing Week promotions on everything from electronics and books to home and garden products and men's watches.
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TD Bank close to Chrysler Financial deal: source

Toronto-Dominion Bank is close to an agreement to buy Chrysler Financial from private equity firm Cerberus Capital Management for $6.3 billion, a source familiar with the matter said on Monday.
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Commerce Dept. Proposes Privacy Bill Of Rights

The U.S. Department of Commerce has unveiled its recommendations for improving online privacy practices, and has called for a privacy bill of rights that would help regulate the way personal data is used.

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