Friday August 22, 2014





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Yellen says shifts in job market since Great Recession make Fed rate decisions more difficult

JACKSON HOLE, Wyo. - If anyone thought Janet Yellen might clarify her view of the U.S. job market in her speech here Friday, the Federal Reserve chair had a message:...

posted: August 22,2014





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Obama offers new birth control fixes to religious nonprofits, some for-profits companies

WASHINGTON - Seeking to quell a politically charged controversy, the Obama administration announced ...



Most actively traded companies on the TSX

Some of the most active companies traded Friday on the Toronto Stock Exchange:...



TSX slips amid solid RBC results, remarks by Yellen at Fed conference

TORONTO - The Toronto stock market closed lower Friday as the financial sector failed to find lift...





Oregon sues Oracle Corp. over state's troubled Cover Oregon health insurance exchange

SALEM, Ore. - The state of Oregon filed a lawsuit Friday against Oracle Corp. and several of its executives over the technology company's role in creating the troubled website for the state's online health insurance exchange....


Canadian dollar flat amid tame inflation data, strong retail figures

TORONTO - The Canadian dollar closed unchanged Friday amid a stronger than expected showing on retail sales and tame inflation data....


Royal Bank says its diversified businesses will shield from volatility

TORONTO - The head of Canada's largest bank offered reassurances Friday that it is well prepared to deal with slower growth in some areas, like retail banking, as it reported a record third-quarter profit boosted largely by a surge in its...


TV industry watchdog says 'pick-and-pay' model would hurt economy, cost jobs

OTTAWA - Some local TV stations will be forced to close and more than 30,000 people could lose their jobs if Canada's broadcast regulator adopts changes it wants Canadians to consider, says a broadcast industry watchdog group....


Judge denies request to impose injunction on New Brunswick forestry plan

FREDERICTON - A New Brunswick judge rejected a bid Friday by aboriginal leaders to block an increase in the amount of softwood lumber that can be harvested from Crown lands in the province....


QuickList: Annual inflation rate in July for selected Canadian cities

OTTAWA - Canada's national annual inflation rate was 2.1 per cent in July, Statistics Canada says. The agency also released rates for major cities, but cautioned that figures may fluctuate widely because they are based on small statistical ...


Goldman Sachs in settlement worth $1.2B to resolve US claims over mortgage securities

WASHINGTON - Goldman Sachs has agreed to a settlement worth $1.2 billion to resolve claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed in...


Homeland Security warns retailers about hacking software, estimates 1,000 businesses affected

WASHINGTON - More than 1,000 U.S. retailers could be infected with malicious software lurking in their cash register computers, allowing hackers to steal customer financial data, the Homeland Security Department said Friday....


SpaceX rocket explodes during flight at Central Texas test site; no injuries reported

MCGREGOR, Texas - An unmanned SpaceX rocket self-destructed shortly after launching on a test flight at a Central Texas development site, the company said Friday....






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