Going smaller and cheaper helps home builders survive

Last summer, Marie Davis was living in an 800-square-foot, one-bedroom apartment and not liking it. A single woman of 27, she wanted bigger and better.
“I […]

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Obama to Speak Today on Shrinking Government - Bloomberg

President Barack Obama will ask Congress today to give him power to reorganize the federal government, a White House official said.
The president is to […]

Fitch warns of European rating downgrades this month

LONDON

Italy Auctions $25.8 Billion of Bonds in Week as ECB Buoys Investor Demand - Bloomberg

Italy auctioned 7 billion euros ($9 billion) of debt to bring the total raised this week to almost 20 billion euros, underscoring how the European […]

Japan Turns Activist on Reserves as Rank Slips - Bloomberg

Japan is crafting ways of using its $1.2 trillion of currency reserves, the world

Build-A-Bear issues third toy recall this year

For the third time this year, Build-A-Bear Workshop has discovered a potentially dangerous defect in its toys.
The Overland-based toy retailer is recalling 297,200 “Colorful Hearts […]

RIM shares shoot up on plans to open network services to iPhones, Android

TORONTO

Novartis plans 2,000 jobs cuts despite profit rise

Swiss pharmaceutical giant Novartis AG said Tuesday it will cut 2,000 jobs as drug prices come under pressure from governments seeking to reduce health care […]

Where I found the best rates on my savings

The big banks leave something to be desired when it comes to high interest savings accounts, which explains why online competitors like Ally, PC Financial […]

TSX down sharply on Fed

The Toronto Stock Exchange fell 3.21 per cent or 383.89 points in early trading as markets felt the brunt of investor nervousness over a shaky […]