Business archives

August 2011

August 24th, 2011

iQuit: Apple CEO resigns
Iconic Apple CEO Steve Jobs resigned Wednesday, saying he could no longer handle the tech giant's top job.

J. Crew's Canadian price war spreads
The cross-border price war that's erupted over sticker shock at J. Crew's Canadian outlets has reached as far as Europe.

August 19th, 2011

MTY Group takes a big bite with Mr. Sub
MTY Group, a Montreal-based food-counter operator, said Thursday it has acquired Mr. Submarine Ltd. for $23 million.

Baby chair recalled after injuries
A baby chair is being recalled after numerous injuries were reported due to a malfunction.

August 12th, 2011

BMO cuts economic forecasts again
BMO has cut its North American economic growth forecasts for the second time in as many weeks.

August 11th, 2011

Flaherty massages economic angst
Finance Minister Jim Flaherty says not one dime will be spent to stimulate the Canadian economy.

Canada weathering economic storm
Jim Flaherty says not one dime will be spent to stimulate the Canadian economy.

August 10th, 2011

Canadian business leaders losing confidence in markets
Even before this past week's global market meltdown, optimism among Canada's business leaders was dropping.

August 9th, 2011

Markets stage small rally after big losses
It was a volatile day in the markets, but Bay Street managed to pare its losses on Tuesday.

Manitoba businesses to feel market crunch
Manitoba businesses can expect to feel the fallout from the market plunge.

August 8th, 2011

Investors worldwide trigger mass sell-off
Advance warning about the U.S. credit rating downgrade still couldn't stop massive sell-offs Monday.

August 6th, 2011

Are Girl Scout cookies worth $15 billion?
One box worth $15 billion, study says.

Ontario wants money back from Navistar
The Ontario government plans to go after Navistar International Corporation to recoup some of the taxpayer money.

August 5th, 2011

Bay Street sweats as stocks stumble
The Toronto Stock Exchange is following world markets in a downward spiral and the mood on Bay Street is tense.

U.S. jobs jump after market meltdown
There's good news on the U.S. job front, which could repair the damage from a major drop in global stock markets.

August 4th, 2011

U.S. fines Air Canada for 'deceptive ads'
The U.S. Department of Transportation slapped Air Canada with a $50,000 fine for what it calls "deceptive ads."

World markets take a dive
The Toronto Stock Exchange plunged to a 10-month low Thursday as dismal economic outlooks prompted a frenzied selling.

 

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