Most interesting finance and busines news.
Air Canada says it has an injunction against its ground workers in Toronto, Montreal and Quebec City after wildcat strikes in Toronto and Montreal cancelled or delayed dozens of flights.
The workers walked out Thursday night, reportedly after some of them were disciplined for heckling federal Labour Minister Lisa Raitt.
Filed under: Canada, technology by Guru
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Higher gas costs drove U.S. wholesale prices up last month. But excluding the big jump in gas, inflation was mostly tame.
The Labor Department says the producer price index rose 0.4 percent in February, the most since September. The so-called “core” index, which excludes food and gas prices, increased 0.2 percent, the smallest gain in three […]
Wal-Mart, the world’s biggest retailer, can go ahead with its 17 billion rand ($2.2 billion) purchase of a controlling share of a South African chain, a South African regulatory appeals body said Friday.
The Competition Appeal Court upheld a ruling last year by the Competition Tribunal, the government agency charged with promoting competition and protecting consumers. […]
The number of Americans filing claims for jobless benefits rose to 362,000 last week, a level consistent with an improving labor market.
Applications for unemployment insurance payments increased by 8,000 in the week ended March 3, Labor Department figures showed today. Economists forecast 352,000 claims, according to the median estimate in a Bloomberg News survey. […]
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Two Federal Reserve officials opposed additional mortgage-bond purchases by the Fed, saying the measure isn
Filed under: management, technology by Guru
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Greek lawmakers are debating emergency legislation to approve a massive bond swap that would shave euro107 billion ($142 billion) off the country’s privately held debt.
Parliament will vote late Thursday on the proposed deal, which has already been approved at committee level. The governing coalition controls a strong enough majority to easily pass the law.
The writedown […]
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Federal health officials say they still have safety concerns about an experimental diet pill from drugmaker Vivus Inc., as the company prepares to make a second attempt to convince experts of the drug’s safety next week.
Vivus, based in Mountain View, Calif., is one of three small drugmakers racing to bring the first new prescription weight […]