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Retail sales bounced back in March after a weak February, but sales looked soft excluding the auto sector, and the figures sent mixed signals about first-quarter growth. Full Story
Protesters have brought to a halt a hearing by the National Energy Board in London, Ont., that environmentalists fear will bring oilsands oil to Ontario and eventually the...
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With two of its most distracting conflicts resolved in the past week and a half, Yahoo Inc hopes its new interim chief executive can focus on the biggest challenge of all:...
Full Story
According to a recent report by the environmentalist group ForestEthics Advocacy, 71% of oilsands production is owned by non-Canadian shareholders, with foreign-headquartered companies controlling 24% of the sector's production. The group concludes that Canadians benefit very little from the industry's production on account of this high degree of f
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Police are baffled as to what happened between two men who were found injured in an alley near Fraser Street. The pair were both injured in an apparent fight but police have yet to piece together what happened. Full Story | More at CNEWS
Facebook Inc and Morgan Stanley, the lead underwriter of social networking company's IPO, were sued by shareholders who claimed the defendants hid Facebook's weakened growth forecasts ahead of its $16 billion US initial public offering. Full Story
The gap between the rich and the poor in Canada is getting wider and could eventually lead to an economic collapse, according to a new report by a left-wing think-tank. Full Story
The Bank of Canada should resume raising interest rates this autumn to help cool the country’s hot housing market and allow the bank to reach its inflation target, the Paris-based OECD said on Tuesday in a report more hawkish than most market players. Full Story
Facebook’s shares fell again on Tuesday, leaving them down nearly one-third from Friday’s highs as questions mounted over the company’s financial prospects and its ability to grow fast enough to meet the hype surrounding its stock. Full Story
Google Inc completed its $12.5 billion US purchase of Motorola Mobility, and the Web search leader named a new management team for the cellphone maker. Full Story
China's Alibaba Group could command a Facebook-rivalling valuation of $100 billion US when it comes to list its shares, possibly by 2015 - but its more immediate challenge is to hang on to top spot in the country's $36 billion e-commerce market. Full Story
Facebook shares sank 11 percent in the first day of trading without the full support of the company's underwriters, leaving some investors down almost 25 percent from where they were Friday and driving others to switch back to more established stocks. Full Story
Facebook Inc shares rose less than
expected on their first day of trade on
Friday and huge order volume caused
technical problems that marred the
coming out party of the No. 1 online
social network. Full Story
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