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U.S. News

U.S. second-quarter growth much stronger; jobless claims fall again

U.S. second-quarter growth much stronger; jobless claims fall again

The U.S. economy rebounded more strongly than initially thought in the second quarter with more of the growth being driven by domestic demand and less by restocking by businesses.

Posted on 8-28-2014 at 10:06 AM

NHL denies expansion reports

The NHL has denied a report suggesting it will expand with four new teams, including a second franchise in Toronto.

Posted on 8-27-2014 at 10:56 AM

Tim Hortons targeted by U.S. politicians as inversion heads North

Canada has become the latest frontier for U.S. companies fleeing the high cost of business, spurred by low corporate taxes and a policy that keeps international earnings out of the clutches...

Posted on 8-26-2014 at 4:32 PM

Ackman’s Pershing Square makes $203M on Burger King wager

Bill Ackman’s two-year bet on Burger King Worldwide Inc. is paying off in a big way as the U.S. fast- food chain soared in trading today.

Posted on 8-25-2014 at 11:54 AM
Tiger Woods fires Canadian coach after four years without a major win

Tiger Woods fires Canadian coach after four years without a major win

Tiger Woods said he will no longer be working with Sean Foley, his swing coach the past four years.

Posted on 8-25-2014 at 11:47 AM

Yellen says U.S. job market still hampered, calls for 'pragmatic' policy

U.S. labour markets remain hampered by the effects of the Great Recession and the Federal Reserve should move cautiously in determining when interest rates should rise, Fed Chair Janet...

Posted on 8-22-2014 at 10:54 AM

Buffett’s Berkshire agrees to settle U.S. charges on stock deal

Warren Buffett's Berkshire Hathaway Inc. agreed to pay an $896,000 fine to settle U.S. government accusations that it violated antitrust rules by failing to report a transaction that...

Posted on 8-20-2014 at 7:18 PM

Fed notes labour market progress, but not convinced yet

The Federal Reserve has been surprised by how quickly the U.S. labour market is healing but doesn't want to bring forward a planned rate hike until the recovery looks more convincing,...

Posted on 8-20-2014 at 2:09 PM

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