Yahoo Inc. said it is acquiring blogging service Tumblr for $1.1-billion (U.S.) cash, a bold bet by chief executive Marissa Mayer to revitalize the struggling Internet pioneer by co-opting a Web property with strong visitor traffic but little revenue.

The housing market is slowing. Consumer debt levels are sky high. But don't count Canada's banks out yet. For the past few quarters, the banks faced the same headwinds, but every three months analysts and investors were pleasantly surprised with their ...

OTTAWA - A team of 15 Canadian soldiers has been dispatched to Kandahar on a month-long assignment to assess whether dozens of military containers are still seaworthy enough to be brought home.

Among the companies with shares expected to actively trade in Monday's session are Yahoo Inc Websense Inc. and Acquity Group Ltd.

WINDSOR, Ontario - Assumption Park gives residents of this city lovely views of the Ambassador Bridge and the Detroit skyline. Lately they've been treated to another sight: a three-story pile of petroleum coke covering an entire city block on the other side of ...

Campbell Soup Co.'s (CPB) fiscal third-quarter earnings rose 2.3% as improved soup sales and last year's acquisition of Bolthouse Farms helped drive the packaged-foods maker's revenue growth.

charlebois-sylvainLOGO GUELPH, ON, May 20, 2013/ Troy Media/ - Most would agree that the �mad cow� event of May 20th, 2003, following the discovery of our country's first native Bovine Spongiform Encephalopathy (BSE) case, wasn't really a food ...

Gros Morne National Park's status as a world heritage site may be in jeopardy due to plans for controversial oil exploration on Newfoundland's west coast, CBC News has learned.

Canadian aeroplane maker Bombardier said on Monday it had expanded its Challenger business jet series with the launch of the Challenger 350 aircraft.

New Delhi, May 20 (IANS) Ace designer Rajesh Pratap Singh has collaborated with textile brand Shingora to launch its fall-winter 2013 collection.