Nguyen Duc Kien, Vietnamese Tycoon, Ex-Football Boss, Sentenced To 30 Years...
HANOI, Vietnam - A Vietnamese court has sentenced one of the country's richest men to 30 years in prison after convicting him of financial crimes.Nguyen Duc Kien, a flamboyant businessman who also...
View ArticleTyson wins bidding war for Hillshire Brands with $7.75 billion offer,...
NEW YORK, N.Y. - Tyson Foods Inc. has won a bidding war for Hillshire Brands, the maker of Jimmy Dean sausages and Ball Park hot dogs, with a $63 per share offer.Tyson had been vying with rival poultry...
View ArticleMerck to buy hepatitis C treatment maker Idenix Pharma for $3.85 billion in cash
WHITEHOUSE STATION, N.J. - Merck will spend nearly $4 billion for Idenix Pharmaceuticals with a per-share bid that more than triples the hepatitis C drug developer's last closing price.Pharmaceutical...
View ArticleToronto market opens higher, questions about Chinese economy remain
TORONTO - The Toronto stock market opened higher Monday with little economic news on the docket except for some mixed data from China over the weekend.The S&P/TSX composite index climbed 18.93...
View ArticlePace of housing starts picked up to 198,324 a year in May, CMHC says
OTTAWA - Canada Mortgage and Housing Corp. says housing starts increased to a seasonally adjusted annual pace of 198,324 homes in May, up from 196,687 in April.The results were better than expected as...
View ArticleLoonie up amid mixed Chinese data, better than expected Canadian housing starts
TORONTO - The Canadian dollar was slightly higher Monday amid mixed economic data from China.The loonie edged up 0.10 of a cent to 91.59 cents US as the world's second-largest economy says its export...
View ArticleCode-Cracking Teens Hack Into Grant Avenue ATM
A couple of 14-year-old computer whizzes have the Bank of Montreal upgrading their security measures after they hacked an ATM machine.
View ArticleMortgage-Free (And Loving It): How To Put Your New Funds To Use
Congratulations — after many years of monetary sacrifice, you have finally made it to the mountain top and accomplished what many have only dreamt of: you've paid off your mortgage. But, now what? What...
View ArticleEmployment outlook to stay stable in third quarter: Manpower survey
TORONTO - A survey by international human resources firm Manpower Inc. suggests about 20 per cent of Canadian companies expect to add to their payrolls in the third quarter.However, Manpower Inc. says...
View ArticleSony bringing 'Uncharted,' 'LittleBigPlanet' to PlayStation 4
LOS ANGELES, Calif. - Sony Corp. announced Monday that it's bringing new installments of the popular video-game franchises "Uncharted" and "LittleBigPlanet" to the PlayStation 4 as it celebrated the...
View ArticleUkraine Tax Cheats Took Billions From Country
KYIV, Ukraine - On paper, the Ukrainian trading firm known as Mistral dealt in management consulting and research, doing millions of dollars' worth of deals before going bust after Ukrainian President...
View ArticleIncome Splitting: Conservative Plan Boon To Alberta, According To Report
OTTAWA - The Harper government's income splitting plan is more expensive than previously believed, helps even fewer Canadians than earlier thought and would benefit Conservative strongholds such as...
View ArticleInstagram Ads To Be Rolled Out In Canada
Instagram users in Canada are set to see vintage-looking photos interspersed with branded posts as the photo-sharing platform introduces ads later this year. The Facebook-owned company will also roll...
View ArticleBuzzBuzzHome: Shipping Container Homes You'd Happily Pack Yourself Into
BuzzBuzzHome: To the construction industry, shipping containers are a cheap, prefabricated building material. But when put into the hands of a creative designer, they can become the coziest of homes....
View ArticleCanadian stocks climb higher as Allergan rejects Valeant takeover - again
TORONTO - The Toronto stock market was slightly higher Tuesday amid news that the board at Botox-maker Allergan has unanimously rejected an improved takeover offer by Quebec-based Valeant...
View ArticleBig spenders will earn more miles: United following Delta in changing loyalty...
DALLAS - Travellers who fly the most and pay the most will soon earn more miles on United Airlines' frequent-flier program.The change will help elite members of United's loyalty program — those who fly...
View ArticleBotox-maker Allergan rejects Quebec-based Valeant's hostile takeover offer
MONTREAL - The board of directors of Botox-maker Allergan once again slammed the door on discussions with Quebec-based Valeant Pharmaceuticals and unanimously rejected an improved takeover...
View ArticleAllergan board unanimously rebuffs latest acquisition offer from Valeant,...
Allergan's board is unanimously rejecting the latest takeover bid from Valeant Pharmaceuticals, and the Botox maker says the offer isn't even worth talking about.Allergan says a May 30 offer from the...
View ArticleLoonie rises on higher commodities, optimistic outlook for global economy
TORONTO - The Canadian dollar was slightly higher Tuesday, as the prices of gold and oil continued with their upward trajectory.The loonie edged up 0.04 of a cent to 91.72 cents US.The July crude...
View ArticleSummer Jobs Can Boost Your Career -- If You Know How To Spin Them
TORONTO - When Christina Di Rosa graduated from McMaster University last December, she applied for dozens of internships but, in the end, opted to return to her summer job at a local golf course as a...
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