570NEWS

Business

March, 13, 2010

MONTREAL - An tentative deal has been reached between insolvent newspaper giant AbitibiBowater Inc. and the Quebec Federation of Labour.

Details of the agreement, which ...

MONTREAL - Java junkies who win a Toyota RAV4 in the latest Tim Hortons roll-up-the-rim contest shouldn't have to worry about the 2010 Toyotas ...

March, 12, 2010

SAN DIEGO - Investigators are confronted with a series of nagging questions as they try to unravel the case of a California real estate ...

WINNIPEG - Moving to a harmonized sales tax may not be right for every province, but Premier Dalton McGuinty says it still makes sense ...

SANTA ANA, Calif. - Prosecutors in Orange County, California have filed a lawsuit against Toyota Motor Corp., accusing the automaker of knowingly selling hundreds ...

SUDBURY, Ont. - Vale said Friday it plans to increase nickel production at its strike-bound operations in Sudbury, Ont., after workers voted to reject ...

TORONTO - Employers may be hiring senior executives who lost their jobs during the recession, according to recruiters puzzling over a trend in the ...

WASHINGTON - An accounting gimmick called Repo 105 provided financial relief for Lehman Brothers in the months before its spectacular collapse, an autopsy of ...

MONTREAL - Growing demand for cargo transportation suggests the global freight recession may have ended, but industry observers remain concerned that a rising Canadian ...

TORONTO - The Canadian dollar is racing towards parity faster than even the most daring economists predicted, but the surge could have longer term ...

CALGARY - Now that a prolonged saga that entangled three major North American fertilizer producers appears to have finally been resolved, an analyst expects ...

NEW YORK - Oil prices ended the week lower following mixed economic reports that kept investors on edge about the outlook for improving energy ...

MONTREAL - Canadian satellite operator Telesat says removing foreign investment restrictions will mean that it can acquire other smaller satellite operators around the world ...

TORONTO - The Toronto stock market moved slightly higher Friday, closing above the 12,000 mark for the first time in about a year and ...

MONTREAL - Canadian pulp producers are expected to benefit from a sustained improvement in prices caused by the Chilean earthquake and a strike in ...

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Alex Mlynek

Lewis on Buffett
Tue, 26 May 2009 21:18:18 +0000

Liar’s Poker author Michael Lewis has a great review in The New Republic of Alice Schroeder’s biography of Warren Buffett, The Snowball: Warren Buffett and the Business of Life. Lewis says as much about Buffett as he does about the book in his analysis. Hat tip to Paul Kedrosky for pointing to the review. Also worth a read: Canadian [...]

Joe Chidley

Buy American “terrible”: GE’s Jeffrey Immelt
Tue, 09 Jun 2009 18:00:52 +0000

I had a conversation earlier today in Montreal with Jeffrey Immelt, the chairman and CEO of General Electric Co. (GE), who was pretty blunt in his assessment of the so-called Buy American provision in President Barack Obama’s stimulus bill. “I think it’s terrible,” Immelt said, before speaking at the International Economic Forum of the Americas here. [...]

Larry MacDonald

Fraud: justice system needs a push
Fri, 12 Mar 2010 17:26:47 +0000

March is Fraud Prevention Month in Canada. I hesitate to do a post on the topic of fraud after learning of Financial Post columnist’s Jon Cheveau’s recent experience. He blogged on debit-card fraud and shortly afterward his own debit card was compromised. Maybe, as Preet Banerjee suggests, Jon (and other bloggers like myself) should blog [...]

Paul Klein

Making a Difference: In Haiti and Closer to Home
Wed, 10 Feb 2010 15:59:14 +0000

The crisis in Haiti has elicited an extraordinary response from governments, non-profit organizations, corporations, and individuals. This is long overdue. The context, however, is also extraordinary. In addition to, and perhaps because of, the financial impact of the recession, we have developed a need to understand and embody our social purpose which is palpable: people are [...]