July 23, 2008
GM gets plugged in with power companies
General Motors Corp. is partnering with three Canadian and more than 30 U.S. electric utilities on a network aimed at speeding up the commercialization of plug-in vehicles
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The main TSX index finished lower Tuesday, but trimmed earlier steep losses as a rise by financials offset a drop in resource issues, which were hit by tumbling commodity prices.s.
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Canada’s largest movie exhibitor said a California company will install at least 175 3D systems in Cineplex theaters across the country by December 2009.
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Consumers are still spending more, but mostly at the pumps, without which retail sales would have been flat in May, according to a Statistics Canada report Tuesday that underscores the impact that soaring energy costs are having on North American consumers.
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Charles Schwab, a pioneer of the discount brokerage, has stepped down for the second time in less than six years as chief executive of the company that bears his name
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Ford confirmed it is suspending plans to create hundreds of jobs in Oakville, Ont., cancelling a planned third shift to create the new Flex vehicle, the company confirmed late Tuesday afternoon.
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The Internet search engine posted a nearly 19% fall in net profit, and net revenue short of lowered Wall Street expectations, as it faced a weakening economy and the distraction of Microsoft Corp.’s pursuit.
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Oil prices fell to a six-week low Tuesday amid concerns over sliding U.S. energy demand and expectations that a tropical storm pushing through the Gulf of Mexico would spare most offshore oil production.
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It could take up to a year to see increased competition in Canada’s cellphone market in the wake of a wireless spectrum auction, Industry Minister Jim Prentice said on Tuesday.
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July 21, 2008
Outlook takes bite out of Apple
Apple Inc. on Monday projected fourth-quarter earnings below Wall Street targets despite a better-than-expected third-quarter profit on brisk sales of its Macintosh personal computers.
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