What will $100,000 get you in Toronto? A parking spot

You’re not a world class city, it seems, unless your parking spot costs more than your car. So Toronto, get set for the $100,000 parking […]

Obama, Biden plan debt session with Senate Dems

President Barack Obama will meet with Senate Democratic leaders Wednesday to continue discussions over debt negotiations.
Obama and Vice President Joe Biden will meet with Senate […]

Lennar 2Q profit falls but tops Wall St. forecast

Lennar Corp.’s net income dropped 65 percent in its fiscal second quarter partly on the absence of an income tax benefit but managed to beat […]

Airbus outpaces Boeing with fuel-efficient planes

Airbus benefited Tuesday from airlines’ worries about sky-high fuel prices, winning customers for scores of its more fuel-efficient planes at the Paris Air Show as […]

PNC buys Royal Bank of Canada US banks for $3.45B

PNC Financial Services Group Inc. said Monday that it is buying the U.S. retail operations of Royal Bank of Canada for $3.45 billion.
PNC said that […]

House panel takes up NLRB complaint against Boeing

A congressional panel is holding a hearing in South Carolina on a National Labor Relations Board complaint against aircraft manufacturer Boeing over a non-union jet […]

Tax preparer jailed for filing bogus charity claims

A judge has sent a Brampton tax preparer to prison for three years for fraud after he filed more than $34 million in phoney charitable […]

IMF backs UK economic policy despite low growth

The British government should stick to its guns and continue its deficit-reduction strategy despite weaker than anticipated economic growth, the International Monetary Fund said Monday.
Though […]

Manufacturing grew for 22nd straight month in May

U.S. manufacturing activity expanded in May at the slowest pace in 20 months, the latest sign that the sharp rise in energy prices is hampering […]

Competition watchdog sues Toronto Real Estate Board

The Competition Bureau has filed a lawsuit against Canada’s largest real estate board to stop alleged “anti-competitive” practices that it says bars agents from offering […]