Ballmer sees global crisis hitting Microsoft

Microsoft (MSFT.O: Quote, Profile, Research, Stock Buzz) Chief Executive Steve Ballmer said on Tuesday the global financial crisis will sap consumer and business spending, […]

Coming to grips with an Internet that never forgets

Political parties and analysts have been keeping close watch on the role of the Internet throughout the current election campaign in Canada. All parties have […]

Oil prices fall on profit-taking

NEW YORK – Oil prices swung lower today, falling below US$109 a barrel as traders cashed in profits a day after crude rocketed to […]

Investment banks get boost

WASHINGTON–The U.S. Federal Reserve said yesterday it had granted a request by the country’s last two major investment banks – Goldman Sachs and Morgan […]

U.K. Housing Market `on Its Knees

U.K. house prices fell for a fourth month in September as the global credit crisis intensified, locking out homebuyers and forcing the sale of […]

Move fast on financial rescue, Bush urges

WASHINGTON–As negotiators from Congress and the White House worked feverishly through the weekend on a federal financial rescue package, U.S. President George W. Bush […]

Oil rises near $100 a barrel

NEW YORK – Oil prices rose past US$100 a barrel today, gaining for a third day as a U.S. government plan to absorb billions […]

Wall Street losing faith in banks

A day after the historic takeover of AIG and two days after the bankruptcy of Lehman Brothers, investors seemed to be betting that commercial […]

GM

Bob Lutz believes the electrification of the automobile is inevitable.
The 76-year-old vice-chairman and head of global product development at General Motors is also convinced the […]

Fed leaves U.S. rates steady

WASHINGTON – The U.S. Federal Reserve says strains in financial markets have "increased significantly" but it has kept its key interest rate unchanged.
The […]