EARTHQUAKE

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Q3 GDP beats Street, rebounds from Q2 fall

The Canadian economy grew at an annualized rate of 3.5 percent in the third quarter, recovering more solidly than expected from a 0.5 percent contraction in the second quarter that was linked to the impact of Japan's earthquake and tsunami.

Oil sands opponents turn focus to Enbridge project

Oil sands opponents turn focus to Enbridge project
Enbridge Inc's proposed C$5.5 billion ($5.3 billion) pipeline to British Columbia poses a raft of environmental risks, according to a new report that signals the project will become the next battleground over the future of Canada's oil sands.
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Bieber Fever dominates online search engine

Teen singing sensation Justin Bieber was named the most searched person this year on Internet search engine Bing on Monday, edging out reality TV star Kim Kardashian and Friends actress Jennifer Aniston.
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Ontario finance minister Duncan answers questions at a news conference after the Canadian finance ministers meeting in Kananaskis.

Ontario cuts growth targets, says budget on track

The Ontario government cut its growth, revenue and reserve targets on Wednesday, but said it was still on track to balance the budget in six years, without lowering total program spending or raising taxes.
Occupy Tokyo

Occupy Tokyo Grows out of OWS into Unique Mass Movement

Occupy Tokyo is one of East Asia's most significant outgrowths of the Occupy Wall Street movement that has swept the world over the past two months, but most media sources have ignored it. Growing out of outrage over the Japanese government's handling of severe damage to the Fukushima nuclear plant in March, it has become a major force in the East Asian nation.
Lee Ann Parham fills out paper work during the Chase Bank Veterans Day job fair in Phoenix

Third-quarter Growth Revised Down to 2.0 Percent

The U.S. economy grew at a slightly slower pace than previously estimated in the third quarter, but weak inventory accumulation amid sturdy consumer spending strengthened views output would pick up in the current quarter.
Billionaire Warren Buffett

Buffett in Japan, Spotlight on Investment

Octogenarian billionaire investor Warren Buffett arrived on his first visit to Japan on Monday, fanning speculation about his possible investments in the country's battered stock market.
Coach Store

Chinese Tourists on Global Luxury Spending Spree Driving Revenue at U.S. Retailers

In what appears to be a rapidly developing trend, Chinese visitors to the United States are being noticed more for the flash of their newly-bought designer bags than that of their Nikons. Tiffany & Co. (NYSE:TIF), Coach, Inc. (NYSE:COH) and Ralph Lauren (NYSE:RL) are just a few of the companies in the luxury retail sector that have recently noted how higher revenue at their North American operations has largely been boosted by Chinese shoppers on vacation.
Saks Firth Avenue

What Recession? Luxury Brand Retailers Can Barely Keep Up With Consumer Demand

Upscale apparel and accessories retailers have been consistently outperforming the rest of the retail market, as they've been able to simultaneously roll back discounts and increase sales. A spike in sales for the most expensive of offerings, and at branded outlets, belies a more sinister reason for the surge: growing income inequality.
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Werner Herzog plumbs crime and punishment in Abyss

He always seems to know where to look, Roger Ebert wrote of what Werner Herzog does in Into the Abyss. The film is the German director's evenhanded, understated and powerful examination of a senseless triple murder in Texas, which sent one man to death row and another to life in prison.
g20

Growth Continues to Slow Down for 'All Major Economies'

The world's leading economies are all heading for a period of slower growth, the Organization for Economic Co-operation and Development said on Monday, highlighting signs of weakening economic activities across the board.

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