TORONTO - The Toronto Stock Exchange surged ahead Friday, encouraged by gains from the U.S. markets, after data showed the world's largest economy may be in recovery.

Mobilicity president Stewart Lyons says he's confident a proposal by telecommunications giant Telus Corp. to buy the struggling wireless upstart will clear regulatory hurdles �given the shape we're in.

TORONTO - The Bank of Montreal and its U.S. subsidiary have agreed to beef up efforts to combat money laundering after American authorities found its operations in Chicago lacking.

If you have any shopping planned for this weekend, you'd best get it done before Monday when retail stores around the city will either be closed or operating on holiday hours.

OTTAWA - Staff from Halogen Software Inc. rang the opening bell at the Toronto Stock Exchange Friday as the company's shares began trading publicly for the first time, a sign that Ottawa's once-vibrant technology industry may be beginning to rebound.