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Topics  News & Markets Conrad Black leaves noisy prison cell behind to resume life as socialite By The Canadian Press  | May 28, 2012 TORONTO - Conrad Black says he is enjoying the "silence" of his new found freedom as his surroundings shift from the "constant noise" of fellow prisoners to what he calls a "not all that social" life that includes public outings three or four times a week. "I'm a reasonably socialable...
Topics  News & Markets Silicon Valley entrepreneur squatted at AOL office to save money By The Associated Press  | May 28, 2012 PALO ALTO, Calif. - Some of Silicon Valley's most successful entrepreneurs are known for their humble beginnings. Internet startup founder Eric Simons is following that tradition. Simons, 20, spent two months living secretly at the Palo Alto office of AOL Inc. to save money. His story...
Topics  News & Markets Postmedia will stop some Sunday papers, cut unspecified number of jobs By David Friend, The Canadian Press  | May 28, 2012 TORONTO - Major changes are afoot at Postmedia with the publisher axing several of its Sunday papers and announcing plans to cut an unspecified number of jobs in an effort to combat declining ad revenue. The moves come as the National Post puts its Monday edition on vacation for the...
Topics  News & Markets Mulcair tones down anti-oilsands rhetoric in advance of Fort McMurray visit By Joan Bryden, The Canadian Press  | May 28, 2012 OTTAWA - Tom Mulcair is dialling back the NDP's anti-oilsands rhetoric as he prepares for his first visit to Alberta's massive, unconventional petroleum deposits. The NDP leader is to tour Suncor's oilsands project near Fort McMurray on Thursday. The visit is akin to walking into the...
Topics  News & Markets Bruce Philp's examination of marketing shuts out Conrad Black at book awards By David Friend, The Canadian Press  | May 28, 2012 TORONTO - Bruce Philp won the National Business Book Award on Monday for his examination of the advertising industry, shutting out former media baron Conrad Black. Philp received the recognition for his book "Consumer Republic: Using Brands to Get What You Want, Make Corporations...
Canada's pro-business reputation at risk, Raitt says, in ending CP Rail strikeLabour Minister Lisa Raitt speaks in the House of Commons in Ottawa on Monday, May 28, 2012. THE CANADIAN PRESS/Adrian Wyld
Topics  News & Markets Canada's pro-business reputation at risk, Raitt says, in ending CP Rail strike By Bruce Cheadle, The Canadian Press  | May 28, 2012 OTTAWA - The Conservative government introduced back-to-work legislation for 4,800 striking Canadian Pacific Railway workers Monday, saying Canada's entire economy was at risk along with the country's international reputation. A phalanx of five Conservative cabinet ministers delivered...
Topics  News & Markets Silvercorp says work at Chinese mine to be interrupted for five days By The Canadian Press  | May 28, 2012 VANCOUVER - Silvercorp Metals Inc. (TSX:SVM) said Monday that production at its Ying Mine in China will be interrupted for about five days as a result of power interruptions. The company said the interruptions were due to work being done to relocate power lines in order to accommodate...
Toronto stock market closes lower amid worries about Spanish bank sectorA man walks past a building in Toronto that used to house the Toronto Stock Exchange on August 18 2011. THE CANADIAN PRESS/Aaron Vincent Elkaim
Topics  News & Markets Toronto stock market closes lower amid worries about Spanish bank sector By Malcolm Morrison, The Canadian Press  | May 28, 2012 TORONTO - The Toronto stock market lost early momentum Monday to close slightly lower as worries about Spain's financial sector trumped early optimism about the prospects of Greece remaining in the eurozone monetary union. The S&P/TSX composite index had risen as much as 59 points to...
Topics  News & Markets Most actively traded companies on the TSX, TSX Venture Exchange markets By The Canadian Press  | May 28, 2012 TORONTO - Some of the most active companies traded Monday on the Toronto Stock Exchange and the TSX Venture Exchange: Toronto Stock Exchange (11,566.15, down 10.32 points): Eldorado Gold Corp. (TSX:ELD). Miner. Down three cents, or 0.25 per cent, at $11.96 on 6,700,702 shares. B2Gold...
Loonie up amid Greek polls showing support for staying in eurozoneCanadian dollar coins, or loonies, are shown in Ottawa on Oct. 10, 2008. THE CANADIAN PRESS/Sean Kilpatrick
Topics  News & Markets Loonie up amid Greek polls showing support for staying in eurozone By Malcolm Morrison, The Canadian Press  | May 28, 2012 TORONTO - The Canadian dollar closed higher Monday as risk appetite improved in the wake of polls showing increased support for a party supporting the tough austerity terms that have enabled Greece to receive international bailouts. The currency rose 0.55 of a cent to 97.68 cents US...
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