Currency seen sailing past parity

If you thought that parity with the U.S. dollar was the loonie’s long-term flight plan, you might want to fasten your seat belt. At least […]

Is economy sliding into abyss?

NEW YORK–For months, Americans have been subjected to a sort of economic water torture – a maddening drip of bad news about jobs, gas […]

Costco posts higher Q2 results

SEATTLE – Warehouse club operator Costco Wholesale Corp. reported Wednesday that its second-quarter profits rose 31 per cent from the year-ago period, which was […]

Magna Entertainment

Losses at Magna Entertainment Corp. piled up in the fourth quarter and the company now says it will need more financial help to stay alive […]

Energy stocks boost TSX

Higher energy stocks helped send the Toronto stock market to a minor gain late Wednesday morning.
The tech sector also supported the TSX on […]

Imperial Oil posts record high profit in 2007

CALGARY – Higher crude prices, smooth-running marketing and refinery operations and higher volumes from the Syncrude oilsands project helped power Imperial Oil Ltd. (TSX: […]

Strong chip sales for Texas Instruments

Texas Instruments, the largest maker of chips for mobile phones, said Tuesday its fourth-quarter profit rose 10 percent on strong sales of analog chips […]