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Maple Leaf plant closed until further notice

Maple Leaf plant closed for now

‘We will not restart the plant until this investigation is complete, and I've signed off on it personally,' CEO says


Wage raises to slow in '09

Two surveys suggest worker compensation in Canada won't be a factor in inflation pressures next year


CIBC offers hope worst is over

Writedown is lower than analysts had expected, but bank posts third-quarter profit of just $71-million


Gold Reserve rejects Rusoro takeover letter

Battered miner rebuffs ‘inadequate' offer, despite its travails in Venezuela, where suitor has had success


Don't blame us for high gasoline prices, retailer group says

Industry association points finger at oil speculators; MPs told Canadian pump prices are relatively low


Bombardier hit hard by lagging jet use

Montreal-based aircraft maker faced 11 per cent decline in business jet flight cycles


Potash Corp. reopens mine, staffs with management

United Steelworkers spokesman says move won't sit well with the 500 union workers on striking at Allan mine

Why Africa?

Alex Schoumatoff

Talking Management: Alex Shoumatoff

McGill's Karl Moore talks with Vanity Fair's contributing editor on the downside of globalization in Africa


Streetwise

Streetwise Blog

Teranet a logical buyout candidate

Plus: Crunching numbers and strategy on CI and Scotiabank


Nobody's Business

New digs for new CIBC World Markets chief

Columnist Patricia Best

Plus: Shifting sands at JPMorgan


Markets

Home sweet home. At last, some positives

John Heinzl

Starting to feel more like we're near the housing bottom


GLOBALIZATION

The world is beating a path to Canada. Why isn't Canada beating the world?

Marcus Gee

We don't have the opportunity to wait years and years

 

Canadian Business 

Deficit easy to avoid: Conference Board

Ottawa will be able to do better than forecast on budget front because of higher inflation, cautious projections, think tank says

AbitibiBowater to cut jobs

Newsprint maker will trim one-third of 450 jobs at Grand Falls, Nfld., mill

Travel deficit narrows in second quarter

Shortfall falls slightly to $3.2-billion but is still one of the largest on record, Statistics Canada says

Yellow Pages buys Saskatchewan publisher

Get It Pages publishes directories in Battleford, Prince Albert, Yorkton and Estevan areas


Energy & Resources 

Potash, aluminum lead commodity exports

Global emerging markets have helped push the price of commodities up 4 per cent in July, Bank of Nova Scotia report says

Iraq, China clinch $3-billion oil deal

Agreement with CNPC is first major pact with foreign energy company since fall of Hussain

Exxon to pay out 75% of Valdez damages

Oil giant will release as early as October a portion of amount awarded to Alaska fisherman over oil spill in 1989

Oil settles above $118 a barrel

Tropical Storm Gustav churns ahead and may disrupt production in Gulf of Mexico

PetroChina profit falls 35%

Company cites rising losses at refining business, mainly due to Chinese domestic price controls


International Business 

Chrysler weighs sale of Dodge Viper

Struggling auto maker says it is considering strategic options for the sports car business

Durable goods orders surge in U.S.

July figures outdistance economists' forecast; 1.3 per cent increase led by big jump in demand for commercial aircraft

NY investigates Goldman, Fidelity

Auction-rate securities probe focuses on investment bank's incentives to Fidelity brokers

Japan's top car makers say production jumps

Global July production rises to record levels, Toyota, Honda and Nissan say

Heineken profit rises on higher prices

World's third-largest brewer passes along impact of rising costs in most markets

Brazil seeks billions in U.S. trade sanctions

WTO urged to impose punitive sanctions over illegal cotton subsidies


Investing 

NYSE, Nasdaq short interest falls

But negative bets on Canadian resource stocks, such as Barrick, Potash and Yamana Gold, increase

Stocks with room to grow, soar and chug along

A look at stocks that have not only survived but thrived since August, 2007 -- and still have room to move higher

Should you pull the trigger on Claymore's ETFs?

New ETFs give Canadians access to worldwide real estate, infrastructure assets

Bold, iPhone growth eyed at Rogers

Company could have a quarter of record subscriber growth following product launches, analyst says


Technology 

Fans atwitter as ‘Mad Men' feed shut down

Fan-penned feeds consist of brief text-message-length posts in the voices of ‘Mad Men' characters

Dell unveils PCs for emerging markets

Inexpensive models will be sold only in Asia, Africa and Latin America, in departure from previous strategy

Estonia helps Georgia fight hackers

Georgia transfers key websites to servers in other countries after hackers attacked them following the outbreak of war with Russia

Competition watchdog reviewing Google's Yahoo deal

Canada's Competition Bureau to review proposed search engine partnership amid concerns of rising costs for Canadian companies that advertise online


Managing 

Weekend Workout: Back to school on the company tab

If you're looking to upgrade your skills, chances are your employer will pick up at least part of the tuition bill

Chrysler extends required vacation to 2009

Everyone will have to take the same two weeks off next July

Lower costs, higher morale benefits of four-day work week

Chrysler LLC is the latest to propose workers shift to four 10-hour days