Jim Balsillie, the co-chief executive of Canadian smartphone maker Research in Motion, is trying to import a professional hockey team to Canada for the third time in a move that looks likely to put him on a collision course with the National Hockey League.
Jim Balsillie, the co-chief executive of Canadian smartphone maker Research in Motion, wants to import a hockey team up North.
Last month in a Boston foreclosure sale, John Hancock Tower Lenders Took, a 65% Haircut In 3 Years . Boston is back in the news today with another foreclosure auction. This time it's condo related, with Chorus Bank in the thick of things.
Nissan North America on Tuesday announced a partnership with the City of Seattle on Wednesday to promote the development of electric car infrastructure, as it plans similar promotions in other cities and regions ahead of its own car launch in 2010.
U.S. environmental regulators said they have withdrawn a permit for a massive coal-fired power plant that had been scheduled to be built on the Navajo Nation to send electricity to populated areas to the West.
When is it OK to lie? What would you do with 100 Christmas trees in July? If you were a cereal, what kind would you be?
Zions Bancorp on Monday posted a big quarterly loss because of a write-down and commercial real estate losses, prompting Moody's Investors Service to downgrade it deep into junk status and warn that the large western U.S. bank could become undercapitalized.
Regulators closed banks on Friday in Missouri and Nevada, bringing the total of U.S. bank failures this year to 25 and matching the number that failed throughout all of 2008, as the struggling economy and falling home prices take their toll on financial institutions.
The Obama administration on Wednesday named a former U.S. Justice Department official who was border czar during Bill Clinton's presidency to lead its efforts to crack down on drug-related violence along the U.S.-Mexican border.
One in every eight U.S. households, a record share, ended 2008 behind on their mortgage payments or in the foreclosure process as job losses intensified a housing crisis spawned by lax lending practices, the Mortgage Bankers Association said on Thursday.
Abound Solar, a U.S. solar startup whose top rival is low-cost industry leader First Solar Inc, starts production at its first factory on Tuesday, promising that it will lead the way to making solar competitive with power from dirtier sources.
American singer and actress Jennifer Lopez has won a cybersquatting case against a U.S. web operator who registered two Internet addresses that used her name for commercial profit, a U.N. agency said on Thursday.
The U.S. and Mexico are launching a new program to monitoring vehicles between borders of the two countries. They are also creating a cross-border group to develop strategies for stopping the smuggled guns and drugs, officials said Thursday.
Costco Wholesale Corp said it plans to close its two Costco Home stores on July 3, citing the current economic slowdown and resulting weakness in the home furnishings business.
Millie Sauer did not even know she had suffered a stroke until she tried to read a book as she recovered from surgery and saw only a gray blur for part of the page.
A top priority for policy makers considering financial reform should be addressing the “too-big-to-fail” issue, Federal Reserve chief Ben Bernanke said on Friday, suggesting five fronts policy makers should look at.
Federal Reserve chief told bankers on Friday that continuing to lend in the current economic environment was no inconsistent with maintaining good risk management and high underwriting standards.
Federal Reserve Chairman Ben Bernanke on Friday said the Fed's buying of longer-dated U.S. Treasuries would taper off when the economy no longer needed help, allowing the Fed to cease its emergency support.
Stocks were little changed on Friday as financial shares fell after the tepid debut of a Federal Reserve measure to revive lending, offsetting investors' bets that mergers could heat up after reports IBM was in talks to buy rival Sun Microsystems.
The U.S. House of Representatives swiftly passed a bill on Thursday to recoup controversial bonuses paid to American International Group Inc as Treasury Secretary Timothy Geithner tried to calm the furor by taking responsibility.
On March 16, Ensign Group Inc. the parent company of the Ensign group of skilled nursing, rehabilitative care services and assisted living companies, announced today that its Board of Directors has declared a quarterly cash dividend.
About one in eight U.S. homeowners with mortgages, a record share, ended 2008 behind on their loan payments or in the foreclosure process as job losses intensified a housing crisis spawned by lax lending practices, the Mortgage Bankers Association said on Thursday.
