Chinese stimulus package good for Canada: Flaherty

OTTAWA–Finance Minister Jim Flaherty is welcoming China’s announcement of a massive economic stimulus package – and suggesting other countries will soon be following suit.
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Charter says its Q3 loss narrowed

Charter Communications Inc. said Thursday that its third-quarter loss narrowed partly on increased sales of bundled services and improved cost controls.
The Town and […]

Panasonic shares jump on talks to buy Sanyo

Shares in Panasonic Corp (6752.T: Quote, Profile, Research, Stock Buzz) jumped nearly 7 percent on Tuesday, after sources said it planned to buy smaller […]

Car dealers hit by sales decline, weak economy

Auto retailers swung to a quarterly loss in the third quarter, beaten down by the decline in U.S. car sales, tight consumer credit, and […]

France, Japan, IMF, U.S. in new crisis remedies

Japan and France extended more help to banks, the IMF prepared to intervene in trouble spots around the world and the Fed devised a […]

CIBC sells U.S. mortgage notes

Canadian Imperial Bank of Commerce says it will limit its U.S. residential mortgage exposure in a deal that will see Cerberus Capital Management LP pay […]

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 […]

Banks bailing out banks

NEW YORK–If Bank of America Corp. CEO Kenneth Lewis buys all or part of Lehman Brothers Holdings Inc., it would be the latest in […]

Looking for blame? Try a mirror

Well, they’ve done it again. You know who "they" are; the folks who insist that they can stop a market trend on a dime, […]

Gasoline up, crude down

NEW YORK–Gasoline prices jumped at the wholesale level yesterday – and as early as overnight Thursday at retail pumps in Toronto – as Hurricane […]