Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an internet icon that had fallen behind the times.

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 ...

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 ...

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.

Campbell Soup Co. posted higher earnings for its latest period as its U.S. soup sales rose 14%, the largest quarterly gain in nearly five years.

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 ...

Maxim Group upgraded J. C. Penney (NYSE: JCP) from Hold to Buy with a price target of $27.00 (from $16.50) citing the company's recent change in strategy that we believe will drive traffic back into stores.

Giant media and internet companies keep scooping up social-media services: among others, MySpace went to News Corp, YouTube to Google, Instagram to Facebook, and now Tumblr to Yahoo.

Freeport-McMoRan Copper & Gold Inc. (FCX) sweetened its bid for Plains Exploration & Production Co. (PXP) to win shareholder support for the $6.12 billion takeover, offering special cash dividends if the deal is completed.

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.