Latest Stories

Latest Stories


Introducing AFRICOM

Eric Niiler | Feb 12, 2007
Africa is finally getting a little recognition. The Pentagon is creating a U.S. command center for the region in order to, among other things, protect economic interests there — such as oil.
Posted In: Canada

BP shareholders take on executive pay

Stephen Beard and Scott Jagow | Feb 12, 2007
A group of public pension funds wants the oil giant to connect executive pay to safety, not just cost-cutting. And some are calling for a pay freeze for the outgoing CEO.
Posted In: Canada

London exchange says no to Nasdaq

Stephen Beard | Feb 12, 2007
Nasdaq won over less than a percent of London Stock Exchange shareholders with its hostile takeover bid. And that leaves the LSE free to pursue a partnership with Tokyo.
Posted In: Canada, Wall Street

NYSE nears transatlantic finish line

Amy Scott | Feb 12, 2007
While Nasdaq's overseas bid has fizzled, the SEC is reportedly close to approving the NYSE's merger with Euronext.
Posted In: Canada, Wall Street

Venezuela's taking back the power

Dan Grech | Feb 12, 2007
A Virginia company is selling one of its subsidiaries back to Venezuela for less than half the purchase price as Hugo Chavez makes good on his promise to nationalize the country's energy companies.
Posted In: Canada

Iraq funding faces uphill battle with Murtha

Nancy Marshall-Genzer | Feb 9, 2007
Top Army officers met up with a tough Bush administration critic on Capitol Hill today as they addressed the president's request for further Iraq war funding. Nancy Marshall Genzer reports.
Posted In: Washington

Minimum-wage accord faces maximum challenge

Steve Tripoli | Feb 9, 2007
A House committee released a $1.2 billion package of small-business tax cuts today. The House is trying to find common ground with the Senate on a minimum-wage increase, but that ground is proving shaky. Steve Tripoli reports.
Posted In: Jobs, Washington

Icahn's not leery of auto-parts investment

Amy Scott | Feb 9, 2007
Carl Icahn's private equity fund has made a deal to buy the auto-parts maker Lear for close to $3 billion — at a time when parts suppliers are struggling. Amy Scott reports on what Icahn might have in mind.
Posted In: Investing, Wall Street

Mostly dead air for U.S. firms at India show

Miranda Kennedy | Feb 9, 2007
More than 50 American defense and aerospace companies are at the Aero India show this week, showing off their flashiest aircraft. But the trip was a long way to go for not much payoff. Miranda Kennedy reports.
Posted In: Canada

Burger's unclear origin feeds patty debate

| Feb 9, 2007
Towns in Connecticut, Texas and Wisconsin will tell you in short order that they're the birthplace of the modern-day American hamburger. Reporter Brian Bull did some grilling to get to the meat of their claims.
Posted In: Entrepreneurship