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Executives at hip U.S. fashion purveyor Abercrombie & Fitch have a problem on their hands. Sales in Canada have been soft, as cautious shoppers balk at prices higher than those south of the border – a gap that remains even as the loonie soars above the U.
BC Ferries wants to cut 400 sailings
VICTORIA — BC Ferries is looking to cut as many as 400 sailings per year due to financial losses that are largely a result of declining traffic and passenger levels.
Steve Jobs Resigning As CEOSteve Jobs, the mind behind the iPhone, iPad and other devices that turned Apple Inc. into one of the world's most powerful companies, resigned as the company's CEO Wednesday, saying he can no longer handle the job. (Aug. 24)
Northern Gateway pipeline fully booked
Calgary-based oil pipeline operator Enbridge said Wednesday it has lined up enough shippers to fill its proposed Northern Gateway pipeline. The project would diversify the market for Alberta oilsands producers beyond the current sole customer, the United
Hershey's 'no Charlie's chocolate factory'
400 international students who paid $3,000 to $6,000 to participate in a U.S.-certified cultural exchange program wound up at the Hershey's plant living in "economic captivity," forced to pay for mandatory company housing that left them with $40 to $140 a
Polar Bear Diamonds face extinction in N.W.T.
The distinctive Polar Bear Diamonds, which are laser engraved with a microscopic-sized polar bear, are the most recognizable diamond brand in the country. The unique branding is a symbol that they are both Canadian and conflict-free.
Study: The Rich Really Are More Selfish“Lower-class” individuals—i.e., folks without much money or education—demonstrate more compassion and empathy than their wealthy counterparts, according to a series of psychological studies. In social scientist speak, “self-oriented behavior” is more like
Buffett: Stop Coddling the Super RichBuffett has called on US politicians to impose higher taxes on his fellow wealthy Americans, who he says are currently indulged with an unfairly generous tax regime. Writing in the New York Times on Monday, Buffett argued that the richest members of US so
Harper inks free-trade deal with Honduras
Canada has struck a free-trade deal with Honduras, Prime Minister Stephen Harper announced during the final day of his Latin American tour, saying the country has taken steps to improve its shaky human rights record.
$5 a month for unlimited music downloadsAcquiring new music can be a very addictive and expensive hobby. Downloading an album or the new single from that hot new band from iTunes a few times a month can add up quickly.
Rioters burn buildings, cars in north London
A small, peaceful demonstration against the killing of a man in north London turned violent Saturday night as hundreds of rioters broke windows, set fire to cars and looted local shops.
Mortgage 'robo-signing' goes on
Mortgage industry employees are still signing documents they haven't read and using fake signatures more than eight months after big banks and mortgage companies promised to stop the illegal practices that led to a nationwide halt of home foreclosures.
B.C. lumber exports to China soar - surpass U.S. for first time
Trade figures show the value of softwood lumber exported to China has surpassed the U.S. for the first time, sending powerful signals about the importance of the Asia-Pacific markets for B.C.'s economy and job prospects.
"China has become our most impo
Mine Faked Safety Logs Before Fatal BlastBEAVER, W.Va. (AP) — Massey Energy pressured workers at a West Virginia coal mine where an explosion killed 29 men to omit safety problems from official reports for the government...Massey had a poor safety record and a reputation for putting coal profits
Apple-Backed Group to Buy Nortel Patents for $4.5BApple Inc. and five bidding partners agreed to buy Nortel Networks Corp.’s remaining patents for $4.5 billion, giving them access to a portfolio of technologies used in mobile phones and tablet computers
An increasingly assertive Competition Bureau has gone after the largest communications company in the country, forcing BCE Inc. (BCE-T37.99-0.01-0.03%) to pay $10-million for misleading consumers in a case that could ripple beyond the sector.
Bank expansion due to tax breakCanadian Western Bank has become the first bank to take advantage of the Manitoba government's decision in its latest budget to exempt small banks from paying capital tax.
ESPN ranks Toronto as worst city for pro sportsESPN has designated Toronto as the worst city for professional sports teams in North America in the ninth edition of its ultimate standings rank.
The American sports broadcaster based the standings on how a city's franchise in the major leagues of base
Gay-Marriage Issue Puts Obama on the SpotPresident Barack Obama will find his evolving position on gay marriage on the spot Thursday night as he heads to Manhattan to addresses a large audience of gay and lesbian supporters at a fund-raising gala.
If you’re homely enough to be kicked off a dating site, you may need counselling.
Feds may order Air Canada staff back to work
The federal government says that it's preparing to table legislation that would compel striking Air Canada staff back to work, if the air carrier and the union can't agree to a deal.
Postal strike moving to three towns next
The union representing 48,000 Canada Post workers says that its rotating 24-hour strikes will move to three smaller communities next: Salmon Arm, B.C., Sioux Lookout, Ont., and Carbonear, N.L.
Stormy Skies for Canada's Middle ClassThe Canadian middle class is in crisis. Each year, its share of our national income shrinks, relative to that of the richest few. Recent reports show Canada’s wealthiest one per cent accounted for 32 per cent of all income growth between 1997 and 2007 – t
Canada raring to go against U.S.DETROIT — Four years is a long time to chew on an infamous loss. That’s how long the Canadian men’s national soccer team has had since the last time it played the U.S. in a game that’s best remembered for one of the most egregious officiating errors in
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