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Air Canada pushes on with plan to cut costs, boost capacity

Air Canada said on Monday that it expected to cut costs by up to 15 percent in the medium term, even as it boosts capacity, because of lower maintenance expenses, a new-low cost carrier and...
Reuters
Posted on 6-10-2013 at 9:26 AM

OMERS, AIMCo in $1.5B deal to buy cinema giant

Private equity group Doughty Hanson has sold cinema operator Vue Entertainment to two Canadian investors for $1.5 billion, cashing in on an industry where new technologies like 3D movies...
Tommy Wilkes and Chris Vellacott, Reuters
Posted on 6-10-2013 at 9:13 AM

Apple unveils music streaming service, revamps iOS

Apple Inc on Monday unveiled iTunes Radio, a free music streaming service that is a key part of overhauled mobile software that the company called the most revolutionary re-design of its...
Poornima Gupta and Edwin Chan, Reuters
Posted on 6-10-2013 at 8:16 AM

BlackBerry seen beating Street in next 2 quarters

BlackBerry will beat Street estimates for the next two quarters due to stronger-than-expected sales of its Q10 smartphone, according to Jefferies & Co analyst Peter Misek.
Vikram Barhat, BNN.ca
Posted on 6-07-2013 at 12:39 PM

Smartphone worries cost Samsung $12B in market value

Samsung Electronics Co lost $12 billion US in market value on Friday, hit by brokerage downgrades that have underscored concerns about slowing sales of its flagship Galaxy S4 smartphone.
Miyoung Kim, Reuters
Posted on 6-07-2013 at 8:18 AM

Bombardier bags $771M Stockholm transit deal

Bombardier Inc. has clinched a $771 million US order for 96 metro vehicles from the Stockholm Public Transport Authority.
Bertrand Marotte, The Globe and Mail
Posted on 6-06-2013 at 12:35 PM

Bell Media to let subscribers watch Bravo online

Bell Media will allow its television subscribers to watch Bravo in real time regardless of the type of screen they want to use, making it the first Canadian broadcaster to give unlimited...
Steve Ladurantaye, The Globe and Mail
Posted on 6-06-2013 at 12:18 PM

Jump in smartphone crime prompts 'kill switch' proposal

In a push to curb cellphone thefts, prosecutors for New York state and the city of San Francisco said on Wednesday they plan to meet with industry representatives to urge them to install...
Ronnie Cohen, Reuters
Posted on 6-06-2013 at 12:11 PM