Higher house prices, mortgage rates, utilities and property taxes combined to drive housing affordability down across the country in the spring and early summer, Royal Bank said in quarterly report.
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Data: Sep 13, 2007 Accesari: 0 Voturi: 0
Bank of Canada governor David Dodge is hoping financial market players have learned some lessons from the current credit crunch, including the need for investors to do their homework.
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Data: Sep 13, 2007 Accesari: 0 Voturi: 0
A day after releasing an ambitious energy blueprint, Newfoundland and Labrador Premier Danny Williams announced the purchase of an equity stake in an offshore oil field's expansion.
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Data: Sep 13, 2007 Accesari: 1 Voturi: 0
Google’s executives have secured the use of a NASA-run airstrip that is just minutes from their offices.
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Data: Sep 13, 2007 Accesari: 0 Voturi: 0
The dollar fell to an all-time low against the euro and oil prices hit a record, suggesting higher prices for imports.
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Data: Sep 13, 2007 Accesari: 0 Voturi: 0
Robert A. Eckert, Mattel’s C.E.O., told Congress that the toy industry would work to prevent unsafe toys from entering the U.S.
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Data: Sep 13, 2007 Accesari: 0 Voturi: 0
High fees for early payment can prevent escape for homeowners trying to escape from adjustable rate mortgages.
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Data: Sep 13, 2007 Accesari: 0 Voturi: 0
European carmakers are hoping that diesel power will become an alternative to the hybrid cars popularized by Toyota and others.
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Data: Sep 13, 2007 Accesari: 0 Voturi: 0
A former sports promoter and agent turns a makeshift game into a million-dollar enterprise.
Richard Crasnick rode in three championship parades with the Los Angeles Lakers, wrote speeches for a basketball legend named Magic and toured Europe with Olympic gold medalists. But the biggest sporting event of his life is playing out in a drab warehouse in Carson, using a thin triangle of leather less than half the size of a credit card.
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Data: Sep 13, 2007 Accesari: 2 Voturi: 0
A federal judge in a suit by automakers against Vermont bolsters California's effort to limit pollutants.
California's efforts to combat global warming with tough restrictions on tailpipe emissions got a boost Wednesday from a federal judge, who upheld states' right to require that vehicles emit far fewer pollutants.
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Data: Sep 13, 2007 Accesari: 0 Voturi: 0
After a spate of recalls over lead paint on toys, it says it will conduct more product tests and factory inspections.
-- Testifying to a Congressional panel, Mattel Inc. Chief Executive Robert Eckert said Wednesday that the toy company had upgraded its methods to keep toys safe from excess lead and pointed to overseas contractors as the source of problems that triggered recent recalls affecting more than 20 million toys.
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Data: Sep 13, 2007 Accesari: 0 Voturi: 0
Prices drop in most Southland ZIP Codes, and the number of sales is the lowest in 15 years for that month.
Home prices fell in most Southern California neighborhoods and the number of sales tumbled to a 15-year low for August -- driven down by tougher lending standards, mounting foreclosures and skittish buyers.
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Data: Sep 13, 2007 Accesari: 0 Voturi: 0
Amid $80 oil and an unfolding debt crunch, investors are concerned about the extent of the economic slowdown.
Stocks closed mostly lower Wednesday, unable to sustain the momentum of the rally a day earlier.
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Data: Sep 13, 2007 Accesari: 0 Voturi: 0
Treasury Secretary Henry Paulson said Wednesday that the turbulence that has hit financial markets will take some time to be resolved, especially in the area of subprime mortgages.
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Data: Sep 13, 2007 Accesari: 0 Voturi: 0
McDonald's Inc. said Wednesday afternoon that directors boosted the Oak Brook fast-food company's annual dividend by 50 percent, to $1.50 per share from the $1.00 McDonald's paid in 2006.
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Data: Sep 13, 2007 Accesari: 0 Voturi: 0
Illinois Attorney General Lisa Madigan's Office today confirmed they will have to refile its case against more than 20 MRI centers after a state judge said he needed to see more specific and detailed allegations in the case against each defendant before the allegations could move forward.
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Data: Sep 13, 2007 Accesari: 0 Voturi: 0
Hub Group Inc. said Wednesday that it has agreed to pay $12.1 million to acquire the assets of closely held DNJ Transportation Inc., an intermodal trucking concern based in suburban Cicero.
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Data: Sep 13, 2007 Accesari: 0 Voturi: 0
Shares of online travel site operator Orbitz Worldwide Inc. rose Wednesday after a Goldman Sachs analyst began coverage of the stock with a "Buy" rating, saying it could beat his $18 year-end price target.
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Data: Sep 13, 2007 Accesari: 0 Voturi: 0
A construction group, oil company and mobile phone seller are set to rub shoulders with the élite companies on the London Stock Exchange after being accepted onto the prestigious FTSE 100.
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Data: Sep 13, 2007 Accesari: 1 Voturi: 0
Our view: Buy
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Data: Sep 13, 2007 Accesari: 0 Voturi: 0
The dismal summer weather has proved a washout for Home Retail's DIY chain Homebase, which has reported an 8 per cent slump in like-for-like sales in the second quarter after consumers avoided shelling out on garden furniture and barbecues.
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Data: Sep 13, 2007 Accesari: 0 Voturi: 0
Chocolate fountains and the reintroduction of "old favourites" has helped the new management at Thorntons reverse a sales decline.
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Data: Sep 13, 2007 Accesari: 0 Voturi: 0
Traders last week predicted that some of the age-old rumours would re-emerge as the M&A market tries to get back on its feet, and so it has proved. Yesterday's "classic" was talk that the brewing giant SAB Miller was once more targeting C&C Group, which owns the Magners brand.
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Data: Sep 13, 2007 Accesari: 2 Voturi: 0
U.S. stocks rose on Thursday after a Wall Street analyst said brokerage shares were undervalued and McDonald's Corp raised its annual dividend by 50 percent.
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Data: Sep 14, 2007 Accesari: 0 Voturi: 0
The two co-founders are paying the NASA-managed airport so their Boeing 767 plane can take off, land and park. The deal allows NASA to use planes used by the two men to carry scientists and equipment.
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Data: Sep 14, 2007 Accesari: 0 Voturi: 0
Gas prices also rise due to production problems caused by Hurricane Humberto
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Though they haven't taken off in the United States just yet, many banks and credit card companies are excited about a new service that lets you order coffee or takeout food via text message.
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Data: Sep 14, 2007 Accesari: 0 Voturi: 0
The Canadian dollar traded near the 97-cent US level Thursday as it rode record oil prices and a weak U.S. greenback to levels not seen since the disco era.
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Data: Sep 14, 2007 Accesari: 0 Voturi: 0
The current housing boom is "unsustainable" because prices in 14 of 15 major Canadian markets are above their long-term trends, the Bank of Nova Scotia said.
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Data: Sep 14, 2007 Accesari: 0 Voturi: 0
Xceed Mortgage Corp. suspended its quarterly dividend Thursday as it sought to save cash amid the current turmoil in the U.S. subprime mortgage lending market.
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Data: Sep 14, 2007 Accesari: 0 Voturi: 0
The Alberta Labour Relations Board has ordered an end to protests in the construction industry after an emergency meeting with 15 unions and employers Wednesday night.
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Data: Sep 14, 2007 Accesari: 0 Voturi: 0
The board of directors and two top executives of ATS Automation Tooling Systems have resigned following a fight with two dissident shareholders over the direction of the company.
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Data: Sep 14, 2007 Accesari: 0 Voturi: 0
The choice may signal the union’s willingness to bargain on a health care trust as the current contract with automakers is set to expire tomorrow night.
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The October contract for light, sweet crude finished at a record $80.09, up 18 cents on the New York Mercantile Exchange.
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Data: Sep 14, 2007 Accesari: 0 Voturi: 0
Stocks advanced sharply today after Countrywide Financial said it had lined up added financing and talks between automakers and workers appeared to advance.
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Data: Sep 14, 2007 Accesari: 0 Voturi: 0