BCE surges on Citigroup rescue

MONTREAL – There’s renewed optimism that the takeover of Bell Canada by a group led by the Ontario Teachers Pension Plan will go ahead.
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U.S. home construction sinks to new record low

WASHINGTON – Construction of new homes in America plunged last month to the lowest level on records going back nearly 50 years as U.S. […]

Retail sales suffer record drop

U.S. retail sales in October suffered the worst monthly drop on record as more Americans shunned discretionary purchases amid accelerating job losses in a […]

JA Solar cuts forecast, sees solar “panic”

Chinese solar cell maker JA Solar Holdings Co Ltd said on Wednesday the global economic slump had triggered a “panic” in the solar market, […]

Clean coal is no quick fix

Alberta and Saskatchewan are determined to clean up coal and pump carbon dioxide back into the ground, two achievements that would turn the world’s dirtiest […]

Battered GM on the brink

General Motors Corp., once the world’s mightiest company, is on its knees today after reporting another huge quarterly loss that will prompt more cuts, including […]

China Minister Xie Leaves Peru Early to Fix Economy

China's Finance Minister Xie Xuren was called back from an international economic conference in Peru before the meeting began, following orders from Beijing to […]

Next Treasury boss must be thrifty diplomat

President-elect Barack Obama’s Treasury secretary must be a regulator, diplomat, defender of the dollar and master of depleted coffers, all while figuring out how […]

Circuit City to close 20% of stores

Circuit City Stores Inc. said Monday it is closing about 20% of its U.S. stores - cutting thousands of jobs - in an effort […]