CBC.ca News - Money

Danier Leather prospectus did not mislead investors, top court rules

Danier Leather prospectus did not mislead investors, top court rules: Danier Leather did not mislead investors in a prospectus that raised $68 million almost 10 years ago, the Supreme Court ruled Friday. more »

Oil hits record on supply concerns: Oil futures rose to a new trading high above $84 US a barrel on Friday — and settled at a new record — on concerns that supplies are not adequate to meet fourth-quarter demand. more »
Dollar seen sliding back to 93 cents US in 2008: RBC: The Canadian dollar is expected to remain at parity with the U.S. greenback through the end of the year, but will slip back next year, RBC Financial Group said Friday. more »
Canadian expatriates in Mexico cheer loonie's rise: Canadians settling in to spend the winter in Mexico are revelling that the loonie is stretching even further, allowing them to splurge on everything from groceries to winter homes. more »
U.S. September retail sales have positive surprise: U.S. consumers had a busy September as retail sales grew by a better-than-expected 0.6 per cent from August. more »
General Electric Q3 profit rises 14%: General Electric Co. said Friday its third-quarter earnings rose 14 per cent as its energy and transportation businesses did well. more »
Mullen Group cuts jobs citing energy sector uncertainty: The Mullen Group Income Fund, which provides transportation services to the oil and natural gas sector, said Friday that it has laid off up to 100 employees due to energy industry uncertainty in western Canada. more »
N.S. government ponies up $36 million for struggling forestry industry: The Nova Scotia government is making up to $36 million in taxpayer's money available to pulp and paper mills and saw mills in the province over the next five years. more »
Feds must examine Irving media empire: Fraser: The federal government needs to take a serious look at media concentration in New Brunswick, according to Senator Joan Fraser, co-author of a June 2006 report that raised questions about Irving media holdings. more »
Trade surplus grows as imports fall: Canada's trade surplus with the rest of the world rose to $4.1 billion in August as imports fell back from record levels the month before more »