Canada is worried by reports that delivery of Lockheed Martin Corp's F-35 fighter jets could be delayed and is talking to the manufacturer, Defense Minister Peter MacKay said on Wednesday.
GameStop Corp said holiday sales were off to a strong start, easing concerns that recent data showing a slowdown in the industry would hurt the video game retailer.
Toronto's main stock index was lower on Thursday morning, but well off its 1 percent fall shortly after the open, as gold-mining shares fell along with bullion prices after weak European bond sales sparked fears of a worsening euro-zone debt crisis.
Stocks dropped sharply in early afternoon trading on Thursday, with the Nasdaq down about 2 percent, as investors pulled out of risky assets.
New U.S. claims for jobless benefits hit a seven-month low last week and permits for future home construction rebounded strongly in October, the latest data to suggest the economy was gaining traction.
Delinquent U.S. mortgage payments fell to 7.99 percent in the third quarter, down from 9.1 percent from a year earlier, according to the Mortgage Bankers Assocation.
Delphi Automotive Plc's
shares fell on debut, a day after the former General Motors auto parts unit priced its initial public offering at the low end of its estimated price range.Green tea, taken in a capsule or drunk in a cup, may shave a few points off bad cholesterol readings, according to a U.S. study involving more than a thousand people.
Police have discovered a major cross-border drug tunnel running to California from Mexico, and seized more than 17 tons (12,700 kilograms) of marijuana, U.S. and Mexican authorities said on Wednesday.
Initial jobless claims fell 5,000 to 388,000 for the week ended Nov. 12, a seven-month low, the U.S. Labor Department announced. If the downtrend continues, it would be, arguably, the best news the U.S. economy has registered this year.
Forget changing interest rates. China’s main weapon of choice to influence liquidity is changing its reserve requirement ratios. This tool dictates the percentage of commercial bank deposits that must be kept in the central bank.
Stocks edged lower on Thursday as rising yields on euro zone debt overshadowed optimism from data showing improvement by the U.S. economy.
The drum beat to limit medical care for the elderly grows louder. President Barack Obama's health law reduces future funding for Medicare by over $500 billion in the next decade and shifts most of those resources to fund a vast expansion of Medicaid. It's like robbing grandma to spread the wealth. To bamboozle the public, advocates for limiting health care spending on the elderly are distorting science to make their case.
China’s millionaires want out. And if Congress is smart, it will lure them to the United States, along with others who aren’t quite so rich.
Delphi Automotive Plc
raised $530 million in its initial public offering -- in a deal that values the company much less than it had hoped for when IPO plans were first being formed.U.S. government attorneys have charged BP Exploration Inc. with violating the company's probation originating from a 2009 oil spill in Alaska, the second company spill in three years.
Chinese vice-president Xi Jinping praised Mugabe as an old friend of China.
Gold fell to a one week low on Thursday as fears that the euro zone debt crisis could spread from peripheral to core economies kept investors nervous and prompted some to liquidate profitable positions to cover losses in other asset classes.
New claims for jobless benefits hit a seven-month low last week, while permits for future home construction rebounded strongly last month, bolstering views the economy was gaining traction.
General Electric, the biggest U.S. conglomerate, announced plans to hire as many as 400 more software engineers for a new global center in San Ramon, Calif. The company said it plans to spend as much as $1 billion on software development through 2015.
Stocks were little changed on Thursday as concerns over rising yields on Eurozone debt kept optimism over another round of improved U.S. economic data in check.
Stocks were little changed on Thursday as concerns over rising yields on euro zone debt kept optimism over another round of improved U.S. economic data in check.
