Debt-free by 44? Many young Canadians think so

Delusional or merely optimistic? Those are two conclusions one can draw about Canadians’ attitude to their debts after a recent poll conducted by CIBC. No matter which age group was questioned, the majority were confident their debts would be retired in 10 to 15 years.
However, the expectations don’t come close to the reality. On […]

Billionaire snapped up shares of Sino-Forest right up to trade halt

A billionaire investor bought shares of troubled forestry company Sino-Forest right up until the shares were halted by regulators, documents show.
Richard Chandler

Bridal businesses bring new life to old Alton buildings

ALTON

Creative returns on investment: Funding the arts grows the bottom line

When investment banker Robert Foster agreed to co-chair an advisory council early in January to update Toronto

Fitz’s, A-B wholesalers sign distribution deal

Fitz’s Bottling Co. plans to increase production of Fitz’s Root Beer and sodas after inking a distribution deal with six local Anheuser-Busch wholesalers.
The deal was signed in late May and announced today. Terms were not disclosed.  
The local wholesalers are: Grey Eagle Distributors, Lohr Distributing, H. W. Herrell Distributing, Krey Distributing, Donnewald Distributing, and Illinois Distributing. 
Fitz’s operates a bottling facility and […]

Cotton prices on the rise

Gabriela Buchanan, a tourist from Mexico City, sat empty-handed on a bench on Miami Beach’s Lincoln Road Mall on Tuesday afternoon. She had been shopping unsuccessfully for jeans and T-shirts.
“In the past 10 years, you could shop for jeans for $40 or $50 and now they’re $90,” she said bad credit personal loan lenders. “The […]

Home Prices in 20 U.S. Cities Fall to 8-Year Low - Bloomberg

Home prices in 20 U.S. cities dropped in March to the lowest level since 2003, showing housing remains mired in a slump almost two years into the economic recovery.
The S&P/Case-Shiller index of property values in 20 cities fell 3.6 percent from March 2010, the biggest year-over-year decline since November 2009, the group said today […]

Italy Outlook Revised to Negative by S&P, Prompting Vow of Faster Reforms - Bloomberg

Italy’s Treasury said it will “intensify” structural changes in the economy and push ahead with measures to balance the budget by 2014 after Standard & Poor’s said its debt rating is at risk of a downgrade.
“With regard to the economy, the government has initiated and will intensify its reforms; in regard to the budget, […]

America, the world

I saw a headline earlier this week for what I assumed was the umpteenth story about Dominique Strauss-Kahn

Discount grocery market continues to expand

For proof of the growing popularity of discount grocery stores, look no further than the parking lot.
On a recent evening outside the Aldi on South Grand Boulevard in south St. Louis, a battered pickup and a rusting Dodge shared space with a yellow Hummer and a late model Honda SUV.
“You used to just see old, […]