General Motors Co. (GM) plans to name Mary Barra to succeed Dan Akerson as chief executive officer, making her the first female CEO in the global automotive industry, a person familiar with the effort said.
VANCOUVER - The founder and chairman of clothing retailer Lululemon Athletica is stepping down, about a month after he made controversial comments seemingly blaming customers' weight for the company's recent sheer pants problem.
TORONTO -- The Toronto stock market was slightly higher amid uncertainty about what the Federal Reserve may do about its asset purchase program and positive Chinese economic data.
More Ottawa employers are planning to make cutbacks than hire during the first three months of the new year, according to a new survey by international staffing firm Manpower.
It's cash designed to drive innovation in manufacturing and to use that innovation to create jobs. Ottawa has created the Advanced Manufacturing fund, which will provide $200 million over the next five years to Ontario businesses.