The problem with paying back TARP $

Banks may need money - they just claim that they don’t want it from the U.S. government anymore.
Several of the top executives from […]

PANERA BREAD: Price hikes boost profit

Panera Bread Co. on Thursday reported higher fourth-quarter profit as price increases helped the company outrun higher costs for ingredients, as well as a […]

Economists: Recession getting worse

Economists expect an already deep recession to get even worse in 2009, according to a survey released Monday.
Companies will lay off more workers and […]

London Led U.K. House-Price Declines in 2008, Hometrack Says

London house prices fell more than in any other U.K. region this year and probably will decline further in 2009 as the economy sinks […]

Mackenzie pipeline suffers a setback

CALGARY–A regulatory panel weighing a proposal for a $16.2 billion pipeline to ship gas from Canada’s Arctic will not complete its report for one […]

How low can oil go?

Toronto fund manager Alex Ruus was taken aback when a young broker in Calgary told him the price of oil was heading toward levels not […]

Global effort thaws credit freeze

With two more countries entering the global fight to stem the world’s financial crisis, lending rates continued to fall Monday, signaling the worldwide effort […]

Bailout can’t stop the bleeding

North American stock markets fell deeper into the red yesterday after U.S. President George W. Bush signed into law a controversial $700 billion (U.S.) bailout […]

Gas prices reverse course: 2-cent drop

Gas prices revesrsed course, falling for the first time in nine days, according to a nationwide survey of credit card swipes at gasoline stations. […]

Ralston Foods recalls some cartons of instant oatmeal

Ralston Foods, a division of St. Louis-based Ralcorp Holdings Inc., is recalling 14,664 cartons of Western Family Variety Pack Instant Oatmeal because a small […]