Federal Reserve reassurances that it won't raise rates anytime soon boosted stocks for the second straight day, sending the Dow to its biggest two-day gain in more than three years while leading Treasurys to their biggest two-day selloff in more than a year.
TORONTO -- A U.S. court has approved a settlement deal that would make Nortel Networks' American bondholders eligible to receive about US$1 billion in interest that has accrued since the company filed for court protection in 2009.
FREDERICTON -- Five conditions must be met before New Brunswick will lift a moratorium on hydraulic fracturing, Premier Brian Gallant said Thursday in a move that has frustrated the energy sector but pleased environmentalists.
(Reuters) - Unifor, Canada's largest private sector workers' union, said it was unable to reach agreement with Canadian National Railway Co after months of negotiations.
National Post filesSaputo's bakery division - which makes Jos. Louis and May West treats - generated $139 million in revenues during fiscal 2014, less than two per cent of the company's consolidated revenues.