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Nortel trial: Nortel worried it didn’t have the cash to meet obligations, fraud trial hears
Mon, 06 Feb 2012 17:14:00 -0400
Nortel trial hears those familiar with Nortel accounting practices were cut in rounds of downsizing following the dot-com bust, but emails to auditors prove ‘pattern of disclosure,’ defence argues.
Canada’s economy slipping among G7 rivals in job creation, growth; analysts
Mon, 06 Feb 2012 15:50:00 -0400
Canada’s economy unlikely to lead the G7 in 2012, as United States and Germany look poised to edge Canada out in growth, job creation.
Condo sales in GTA climb 24 per cent to record high in 2011
Mon, 06 Feb 2012 18:09:00 -0400
A record 28,190 condos were sold across the GTA last year.
Super Bowl stocks indicator a Giant fumble?
Mon, 06 Feb 2012 16:42:00 -0400
Super Bowl indicator should show stocks rising today after the New York Giants beat the New England Patriots. On this first day of post Super Bowl trading, the signs aren’t good.
Ontario green energy prices under review behind closed doors
Mon, 06 Feb 2012 16:50:00 -0400
Ontario policy-makers are studying thousands of submissions about the price of green energy. But only some are public
Toronto real estate: Detached Toronto house hits average $606,600 -- up 50.3 per cent in 7 years
Mon, 06 Feb 2012 19:18:00 -0400
Toronto real estate: average price of detached house rises 50.3 per cent in 7 years to sit at $606,000
CP Rail needs ex CN Rail head Hunter Harrison, Bill Ackman tells Toronto town hall
Mon, 06 Feb 2012 18:29:00 -0400
CP Rail proxy battle hits Toronto with ex-CN CEO Hunter Harrison, activist Bill Ackman's town hall for analysts, shareholders, investors. CP responds their challenger’s math is ‘hypothetical.’
Greek debt worries weigh on TSX
Mon, 06 Feb 2012 16:34:00 -0400
The Toronto stock market closed lower as negotiations over the weekend failed to yield an agreement that would save Greece from bankruptcy.
RBC chief earned $10.1 million for 2011
Mon, 06 Feb 2012 20:11:00 -0400
The three highest paid executives at Royal Bank of Canada all took a pay cut last year, as the bank wrote off its U.S. regional retail banking operations and saw weaker results from its capital markets business amid a difficult market.
Steve Jobs fans irate over Apple founder Jobs look-alike promoting Android-based tablet in Taiwanese commercial
Mon, 06 Feb 2012 13:30:00 -0400
Steve Jobs look-alike shilling Android-operated tablet Action Pad, complete with halo and wings, in a Taiwanese ad has Apple fans fuming. Apple founder Jobs had vowed “thermonuclear war” on the product he considered an Apple ripoff.