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Money news from The Canadian Press
  • Mazda recalls 109,000 older SUVs for rust problem
    thecanadianpress.com - 2014-04-18 5:42 AM

    DETROIT - Mazda is recalling 109,000 Tribute SUVs in cold-weather states to fix rusting frame parts.

  • Chinese trade group to mediate shoe factory strike
    thecanadianpress.com - 2014-04-18 4:25 AM

    BEIJING, China - Chinese police hauled away dozens of workers Friday to break up a march on a factory complex targeted by tens of thousands of labourers striking against the world's largest maker of athletic shoes, while a government trade union said it would mediate the labour dispute.

  • Brewers seek to rekindle Belgium's love of beer
    thecanadianpress.com - 2014-04-18 2:42 AM

    DWORP, Belgium - The ruby lettering on the front of the old corner pub "In de Welkom" has peeled almost beyond recognition. Owner Leza Wauters, a tough 87-year-old, is holding on to her business but can't say how much longer. Sooner or later, yet another bar with a warm "Welcome" will be gone.

  • Asia stocks rise in abbreviated trading
    thecanadianpress.com - 2014-04-18 2:25 AM

    BEIJING, China - Asian stocks were mostly higher in trading muted by Good Friday observance.

  • China says one-fifth of its farmland is polluted
    thecanadianpress.com - 2014-04-18 1:31 AM

    BEIJING, China - Faced with growing public anger about a poisonous environment, China's government released a yearslong study that shows nearly one-fifth of the country's farmland is contaminated with toxic metals, a stunning indictment of unfettered industrialization under the Communist Party's authoritarian rule.

  • Mobilicity announces proposed sale to Telus
    thecanadianpress.com - 2014-04-18 12:19 AM

    TORONTO - Mobilicity says it has agreed to be purchased by Telus Corp. (TSX:T) for $350 million.

  • Venture investments jump to $9.5B in 1Q
    thecanadianpress.com - 2014-04-17 9:02 PM

    NEW YORK, N.Y. - Funding for U.S. startup companies soared 57 per cent in the first quarter to a level not seen since 2001, as venture capitalists piled more money into an increasing number of deals, according to a report due out Friday.

  • California cross-border airport clears key hurdle
    thecanadianpress.com - 2014-04-17 7:16 PM

    SAN DIEGO - U.S. Customs and Border Protection says it has reached an agreement with an investor group to clear the way for construction of the nation's first cross-border airport terminal connecting San Diego and Tijuana, Mexico.

  • 4th US Navy official charged in bribery scheme
    thecanadianpress.com - 2014-04-17 5:37 PM

    SAN DIEGO - A fourth member of the U.S. Navy has been charged with conspiracy to commit bribery in a multimillion-dollar scheme involving a Singapore-based defence contractor accused of providing cash, vacations, electronics and prostitutes in exchange for classified information.

  • Apartheid abuse cases against Ford, IBM go ahead
    thecanadianpress.com - 2014-04-17 5:29 PM

    NEW YORK, N.Y. - A federal judge in New York has given new life to lawsuits that seek to hold IBM and Ford liable for apartheid abuses carried out by South Africa's government.

  • Record labels sue Pandora over older songs
    thecanadianpress.com - 2014-04-17 4:42 PM

    NEW YORK, N.Y. - Major record labels are suing Internet radio giant Pandora for copyright infringement for using songs recorded before 1972 without paying license fees.

  • PepsiCo's profit rises on snack sales, price hikesPepsiCo's profit rises on snack sales, price hikes
    thecanadianpress.com - 2014-04-17 4:26 PM

    NEW YORK, N.Y. - PepsiCo reported a stronger-than-expected quarterly profit as the company sold more snacks around the world and hiked prices, including on its drinks.

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