U.S. stocks closed in the red on Friday. For the Dow Jones it was the first time in 9...

The FDIC entered into a purchase and assumption agreement with Citizens South Bank, Gastonia, North Carolina, to assume all of the deposits of Bank of...

Appalachian Community Bank with $1.01 billion in assets has been unable to stay...

The bank which first opened its doors on January 1st 1906, closed for the last time on March 19th...

Airlines across the globe are looking for new ways to enhance revenue...

The FDIC will lose $38.3 million as a result of the bank's...

The FDIC has taken charge of the Advanta Bank Corp., in Draper,...

Rents are up in Hong Kong as the number of new properties coming on to the market...

The FDIC has been named receiver of the failed...

The National Bank and Trust Company, Wilmington, Ohio will assume the deposits of American National...

The UK Prime Minister has put pressure on British Airways cabin crew to call off a series of...

The biggest rollout of charging stations is about to occur in eleven major US cities for the purpose of charging the new generation of electric cars from Nissan and General Motors, which are mooted to go on sale at the end of this...

The former chairman of Anglo Irish Bank was taken in for questioning by Irish police on Thursday about alleged financial...

In the UK, Chancellor Alistair Darling has pledged to cut the budget deficit by...

Greece's financial prospects have taken another bad turn with suggestions that Athens might ask the International Monetary Fund for aid early next month if it cannot get a formal aid plan from the...

Scotland is expecting to be hit hard by the British Airways strike with flights to and from Scotland among the routes that will suffer from a three-day strike by British Airways cabin...

BRUSSELS -- Norway's Opera said Thursday that downloads of its browser more than doubled after Microsoft Corp. was forced to give European users a choice of Web software to settle European Union...

PALO ALTO, California -- Hewlett Packard Co. said Thursday that it has reached a settlement with three companies that have been accused of infringing on the printer company's patents for ink...

LONDON - British Airways is scrambling to deal with the start of a three-day strike by its cabin crew on Saturday that has thrown the plans of thousands of travelers into...

The television business is no longer a game reserved for millionaire media moguls. Consider that a station in western Michigan is being sold right now for US$550,000. On eBay. As the tired but...

Canada's benchmark stock index posted its first weekly loss of the month Friday, and its lowest close in eight sessions, as commodity prices fell against a strengthening U.S. dollar. The S&P/TSX...

NEW YORK – Carl Icahn swooped in with a hostile bid for Lions Gate Entertainment Corp. Friday, a week after the Vancouver-born movie studio blocked the corporate raider's attempt to take a smaller...

A week of stronger-than-expected economic data this March has economists wondering whether or not they have underestimated the strength of Canada's...

OTTAWA -- Inflation data for February came in much stronger than expected, Statistics Canada reported Friday, with the key core rate -- watched closely by the Bank of Canada -- posting a surge beyond...

A British Airways strike, which is likely to disrupt travel plans for thousands, presents a major headache for the ruling Labour party weeks before a general election because Unite is its biggest...

A man walks past the Google logo in front of its China headquarters building in Beijing. The search engine giant is set to make an announcement on its plans in China next...

Spring is in the air and the for-sale signs are multiplying. But is that a government-promoted housing bubble on the horizon? One thing seems certain: prices are likely to fall before lofty real...

Barrick Gold Corp. announced it will raise about US$834-million from the initial public offering of its African subsidiary. The new company, called African Barrick Gold PLC, will start trading on...

Canadian National Railway Co. announced the terms of a new three-year collective agreement with 1,700 of its engineers Friday that was reached under federal arbitration. The engineers, who are...

BEIJING -- China on Friday said it was sending an envoy to Washington to try to ease trade frictions as its currency regime comes under fire, warning that threats from U.S. legislators could stifle...

Stock index futures pointed to a mixed opening on Friday, with futures for the S&P 500 down 0.02 percent, Dow Jones up 0.1 percent and Nasdaq 100 down 0.01 percent at 1008 GMT (6:08 a.m. ET). ...

Canadian gold producer Agnico-Eagle Mines Ltd. said Friday it will make a private placement worth $600-million in unsecured notes, used to pay down existing debt. The company said in a release...

Tiger Woods's return to golf at the Masters Tournament will give sponsors such as AT&T Inc. an unexpected boost from their ad dollars, lifting the value of their TV spots by 43%, according to a...

LONDON -- European shares rose modestly on Friday, lifted by gains in banking stocks, but concerns over Greece's large debt burden remained, keeping the euro on the back foot against the dollar. ...

Globalive Communications Corp., a Canadian wireless carrier backed by Egyptian billionaire Naguib Sawiris, said talks with banks to raise money for expansion should wrap up in coming weeks. "We're...

Canada's benchmark stock index fell Thursday for the first time in two days and the loonie's advance to parity with the U.S. dollar was checked as the greenback gained strength over concerns about...

Count the loonie among those with inflation anxiety. So much so that any surprise in Friday's consumer price index report could push the Canadian dollar past the parity threshold. Months before the...

The dollar closed at 98.65 cents US, following advances in all but one of the previous 14 sessions. On Wednesday, the loonie ended at 98.98 cents US, after posting an intraday high of 99.31 cents...

NEW YORK -- Former Federal Reserve chairman Alan Greenspan, whose legacy has been tarnished by the global financial crisis, on Thursday laid out a scholarly defence of why Fed policy did not fuel the...

Members of the media record and watch as a 2008 Toyota Prius is demonstrated breaking at 85 MPH in a stadium parking lot following Toyota's announcement of preliminary findings regarding their...

The rich keep getting richer in Canada's increasingly polarized television and broadcasting industry, according to fresh figures released on Thursday. Cable carriers such as Rogers...

OTTAWA -- Canada has warned the Group of 20 leading nations of the risk of another global crisis or a deflationary spiral if advanced countries do not rein in budget deficits and emerging markets do...

WASHINGTON -- The number of U.S. workers filing new applications for unemployment benefits fell less than expected last week, while consumer prices were unchanged in February on lower energy prices. ...

Second Cup reported a fourth quarter profit on Thursday after a difficult year. "Like most of the retail sector, Second Cup experienced soft same cafe salesin 2009," Stacey Mowbray, chief executive...

Virgin America, the U.S. affiliate of Richard Branson's U.K. carrier, plans to make a push into the Canadian market as early as this summer, the carrier said...

Greek Prime Minister George Papandreou set a one-week deadline for the European Union to craft a financial aid mechanism for Greece, challenging Germany to give up its doubts about a rescue package. ...

Teva Pharmaceutical Industries Ltd. agreed to buy Ratiopharm GmbH for 3.63 billion euros (US$5-billion), ending a nine-month battle for Germany's second- biggest maker of generic medicines. ...

BEIJING - The United States kept up pressure on China on Thursday to let the yuan climb as Beijing disclosed it was sounding out exporters on whether they could cope with a stronger exchange rate. ...

NEW YORK -- Oil fell nearly 1% toward US$82 a barrel Thursday, ending a two-day rally as the dollar strengthened against the euro amid concern's about Greece's debt problems. An analyst report...

TORONTO -- Athabasca Potash said on Thursday that its shareholders had voted in favor of global mining giant BHP Billiton's $341-million (US$338-million) cash takeover offer. In January, BHP offered...