World markets open higher after US rally

Asian-Pacific markets opened higher Tuesday following Monday’s late rally on Wall Street.
In early trading, Japan’s benchmark Nikkei 225 index was up 0.5 percent at 8,582.15. Australia’s S&P/ASX200 index was up 1.4 percent to 4,094.10. New Zealand’s benchmark NZX 50 was up 0.2 percent to 3,270.74.
The Dow Jones Industrial index ended Monday up nearly 69 points, […]

J.C. Penney outlet at Jamestown Mall may get second lease on life

It looks like the J.C. Penney catalog outlet store at Jamestown Mall may not be doomed after all, though everyone is being very hush-hush about it for now.
Sales associates said they have been told that plans are in the works for the store to be bought by another company, which would run the store by […]

Wrong numbers can lead volatile markets astray

Gross domestic product, the labour market, industrial production, housing starts

TSX surging at midday, Dow also seeing gains

The Toronto stock market headed sharply higher Tuesday after a series of plunges brought the TSX to its lowest level in a year in the previous session.
The S&P/TSX composite index gained 125.44 points to 11,796.4 while the TSX Venture Exchange added 7.44 points to 1,689.73 as traders looked to an afternoon announcement by the U.S. […]

Target is adding groceries to rest of St. Louis area stores

After dipping its toes with a handful of St. Louis area stores, Target is now taking the plunge and converting the rest of its stores in this region to its expanded grocery format known as “PFresh.”
As it do so, the traditional grocers around the region are no doubt letting out a collective groan.
Target’s expanded grocery […]

Companies adapt to profit over the long haul

Staying relevant is never easy for a company or its long-suffering investors.
Firms and their products can go in and out of style

Air Canada workers back on the job Friday

Just hours after the federal government introduced back-to-work legislation in Ottawa, Air Canada and the Canadian Autoworkers Union reached a tentative deal.
No details were immediately available, but the CAW has called a news conference for 2 p.m. Thursday at the Sheraton Centre.
Striking customer service agents at airports across the country began cheering as they heard […]

The ballet

When ballet lovers take their seats on Thursday night for the opening of Onegin, they probably don

Boeing racks up big plane sales in China

Boeing Co. won massive orders in China at the Hong Kong air show Tuesday, including the largest Dreamliner order in three years and a much-needed sales boost for Boeing’s new 747-8 jumbo passenger jet.
The orders for 43 widebody planes are worth nearly $6 billion after typical discounts, and more than $10 billion at list prices.
On […]

Clothing prices to rise 10 per cent by spring

NEW YORK