Canada's benchmark stock index hit a new all-time high of 15,561 on Wednesday, buoyed by higher commodity prices and despite some shaky corporate profits.
WASHINGTON - Bank of America has reached a record $17 billion settlement to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, officials directly familiar with the matter said Wednesday.
An economist at Canada's biggest bank says home prices could start falling in 2016 if interest rates return to more normal levels.
Commuters walk past a Sears store in Toronto on Thursday April 25, 2013. Sears Canada Inc. reported a net loss of $21.3 million, or 21 cents per share, in the second quarter, compared to a profit of $152.8 million, or $1.50, in the same period last year.
Months after opening a new production facility in London, Dr.Oetker is taking another slice out of the frozen pizza business. Dr.Oetker announced Wednesday it had signed a deal to purchase the North American frozen pizza operations of McCain Foods.