CBC.ca News - Money

Connors Bros. units plunge as distributions suspended: Units of the Connors Bros. Income Fund slid almost 20 per cent Tuesday after the seafood company announced a temporary halt in monthly distributions to pay for a U.S. recall due to botulism concerns. more »

CAE gets $60M in military contracts: Montreal-based CAE, a leader in the flight simulator business, says it has won more than $60 million worth of new military work involving U.S., German, British and Canadian aircraft. more »
1,000 gather to protest LNG development: A group of 1,000 protesters took over the St. Andrews, N.B., wharf Tuesday to protest proposed liquefied natural gas terminal developments in the area. more »
Chrysler names former Home Depot boss as its new chairman: Bob Nardelli, who left Home Depot in January after a shareholder rebellion over his outsized pay, has replaced Tom LaSorda as the chairman of Chrysler. more »
Canadian energy company plans another pipeline in U.S.: TransCanada Corp. is joining with Northwest Natural Gas Company on a proposal to build a natural gas pipeline in Oregon that could cost the companies up to $700 million US. more »
Cut prices to reflect stronger Canadian dollar, Flaherty tells businesses: Finance Minister Jim Flaherty says he is frustrated that Canadians are paying too much for imported goods and has told business leaders the government expects them to pass along savings from the higher Canadian dollar. more »
Indian ruling on drug patent hailed as boon to world's poor: An Indian court on Monday rejected a challenge to the country's patent laws by Swiss pharmaceutical giant Novartis, clearing the way for a generic leukemia treatment. more »
Telus says no to new bid for BCE: Telus Corp. confirmed Friday it won't make a bid for rival communications company BCE Inc., which is currently the target of a $51.7-billion offer from a group led by the Ontario Teachers Pension Plan. more »
More local phone service deregulated across Canada: Phone companies will not have to apply to the CRTC for permission to introduce new services or set rates for local phone service in 13 cities. more »
U.S. unemployment rises on slowing job growth: The U.S. unemployment rate hit a six-month high of 4.6 per cent in July as payrolls grew by 92,000 - the smallest gain since February. more »