Business archives

January 2012

January 27th, 2012

Airfare costs on the rise in Canada: StatsCan
The average cost of domestic and international air fare in Canada rose 4% in the first quarter of 2011.

January 26th, 2012

Caterpillar profit surges past expectations
Caterpillar Inc. reported a 58% rise in quarterly earnings Thursday.

January 23rd, 2012

RIM to refocus on U.S. marketing
The new CEO of troubled technology giant Research In Motion says there will be more emphasis on marketing in the U.S.

Shakeup can't save RIM stocks
RIM's new CEO shared his plans and positive outlook Monday, but the company's shares continued their downward slide.

Canada-U.S. lumber deal extended to 2015
Canada and the U.S. have extended their softwood lumber agreement until 2015.

January 19th, 2012

Business expert, camera buffs lament Kodak's demise
"The lesson is great companies disappear if they can't do great things".

January 18th, 2012

Nortel execs in on fraud: prosecutor
Three fired Nortel executives knew about, and supported their staff in rigging company books, a court heard Wednesday.

TransCanada will re-apply for pipeline OK
TransCanada Pipelines vowed Wednesday to forge ahead with a route for its Keystone KL pipeline, despite an Obama veto.

Kraft cutting Canadian jobs
Kraft Foods will cut 1,600 jobs in Canada and the U.S. over the next year, as part of a large restructuring.

January 16th, 2012

Trial for three ex-Nortel execs begins
Criminal fraud trial of three ex-Nortel executives begins.

January 13th, 2012

Government should reserve frequency spectrum space for newcomers: Quebecor
The battle within the wireless industry is ramping up once again.

January 12th, 2012

Setting aside frequency spectrums for cellphone companies like a 'subsidy,' Rogers VP says
Setting aside frequencies for new cellphone companies is similar to a "subsidy," Rogers' VP of regulatory affairs says.

January 9th, 2012

Firms pessimistic, consumers less so
While Canadians aren't exactly brimming with sunny outlooks about their economic futures, they're not as gloomy

January 4th, 2012

PayPal ordered Canadian to smash antique violin, woman alleges
A woman is out $2,500 after PayPal allegedly ordered a Canadian buyer to destroy an antique violin she had sold him.

January 1st, 2012

New Airmiles expiry date irks customers

 

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