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Monthly Archive May, 2009

Loonie surges more than seven cents in May

May 31, 2009

The Canadian dollar is ending the month with another sharp increase.
The currency is up 1.25 cents to 90.95 cents US, adding up to […]

legal - Comments closed

Toyland rivals to play together

May 30, 2009

Toys "R" Us has acquired upscale rival FAO Schwarz, the oldest toy retailer in the United States, the company said Thursday.
Terms of the deal […]

technology, term - Comments closed

Uranium One joint venture in doubt

May 29, 2009

Uranium One Inc.’s joint venture assets face an uncertain future in Kazakhstan after reports suggested that uranium deposits partly owned by the Toronto-based company […]

term - Comments closed

Brown Shoe posts $7.6 million first quarter loss

May 28, 2009

Brown Shoe Co. reported first-quarter results illustrating the roughness of the economy. Sales dropped 2.8 percent to $538.7 million. The Clayton-based parent company of […]

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UAW trust to get up to 20 percent of GM shares

May 27, 2009

DETROIT — General Motors Corp. will give the United Auto Workers up to 20 percent of its common stock, $6.5 billion of preferred shares […]

technology - Comments closed

German business sentiment up, Japan raises outlook

May 26, 2009

A key measure of German business sentiment rose in May and Japan raised its economic outlook for the first time in three years in […]

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Boeing presses its case for maintaining C-17 production

May 25, 2009

Boeing Co. leaders say that the U.S. military’s airlift needs are growing and that a Pentagon proposal to halt future orders for the C-17 […]

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LCBO workers vote for strike if talks fail

May 24, 2009

Workers at the Liquor Control Board of Ontario have voted in favour of a strike mandate in a struggle for more permanent jobs with better […]

economics - Comments closed

U.S. dollar hits new low against loonie, euro, pound

May 23, 2009

The American dollar kept falling today, notching fresh multi-month lows against the loonie, euro and pound over concerns that the massive U.S. deficit may drag […]

technology - Comments closed

Markets fall on U.K. credit rating, U.S. economic woes

May 22, 2009

A possibility of a rating downgrade of British government debt and renewed worries about an American economic recovery sent North American stock markets down sharply […]

money - Comments closed