New no. 1. Ford sales top GM, Toyota

Recall-plagued Toyota Motor reported a 9% drop in U.S. sales in February, but it appears other automakers didn’t gain as much from Toyota’s problems […]

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Indonesia’s Inflation Rate Climbs to Nine-Month High

Indonesia’s inflation accelerated to the fastest pace in nine months amid rising commodity and food prices, putting pressure on the central bank to raise […]

China Raises Banks’ Reserve Ratio to Cool Economy

China raised the proportion of deposits that banks must set aside as reserves to cool the world’s fastest-growing major economy as a credit boom […]

Cancer patient helps design hospitals

Diana Spellman and her husband, Stan Spellman, run Spellman Brady & Co., which provides interior planning and design, furniture purchasing, artwork planning and brand […]

Husky bites into our dog-eat-dog gasoline market

CALGARY–Husky Energy Inc. is entering a fiercely competitive market by buying 98 southern Ontario gas stations from Suncor Energy Inc., a petroleum industry consultant […]

AIG chief Benmosche inks pay deal

After balking at government imposed pay restrictions, American International Group’s chief executive Robert Benmosche has officially agreed to a non-compete contract that could total […]

Gravy train shows no sign of slowing

Robert Friedland, the controversial mining promoter, has parlayed his talent for turning nickel and copper to gold into a spectacular leap in the richest Canadian […]

Flaherty unveils credit and debit card code of conduct

Finance Minister Jim Flaherty unveiled today his long-awaited proposed voluntary code of conduct for Canada’s multibillion-dollar credit- and debit-card industries that includes a number of […]

Fed proposal restricts gift card fees

The Federal Reserve announced proposed rules Monday to implement the gift card provisions of the Credit Card Accountability Responsibility and Disclosure Act of 2009.
The […]

Merkel Finance Chief Sees No Chance for Balanced Budget in Term

German Chancellor Angela Merkel’s Finance Minister-designate Wolfgang Schaeuble said there’s no way he’ll balance the budget in four years as he enacts 24 billions […]