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GE to sell appliances division, report says

GE to sell appliance unit: WSJ

Conglomerate has owned the division since 1907; auction could yield up to $8-billion, newspaper says


Homes market flooded by sellers

April resale listings rise to record across Canada, with biggest surges in Saskatoon and Toronto


Imperial Oil fails to overturn Kearl ruling

Federal Court decision boosts odds the huge oil sands project will be delayed


Food prices poised to drop sharply: Yardeni

Farmers rushing to plant more crops and productivity is growing, strategist says; oil price, though, expected to stay high


Changes were made to Livent financial statements: witness

Former vice-president of finance Eckstein tells court he was told every quarter to alter the company's financial statements to make it appear more profitable

streetwiseblog

Streetwise Blog

Sprott debuts with performance pressures

Plus: Analysts rework BCE takeover price


Reguly in Europe

A police car parks near an accident on an Italian highway just north of Rome.

Like watching a car crash, in slow motion

A journey into the Italian driver's licence netherworld


Commentary

Why fume? Gasoline remains a bargain

Neil Reynolds

Price per capita GDP has fallen every decade since 1920s


Podcast

Alan Rugman, Kelley School of Business, Indiana University

Talking Management - Offshoring, outsourcing and Canada Popup

Alan Rugman of the Kelley School of Business explores the competitive landscape with McGill's Karl Moore

 

Canadian Business 

Sun Life chief sees challenging credit environment

But Stewart says the turmoil is creating opportunities for acquisitions

BCE deal may be re-priced lower, analyst says

Clear Channel settlement may result in an 8% reduction in the BCE takeover price

Loonie, sagging U.S. weigh down exports

As fundamentals deteriorate, total Canadian exports are expected to fall by 2 per cent this year, Export Development Canada says

Another star for Newfoundland and Labrador

Province leads the country for productivity improvement in 2007; Alberta drops

Steady as she goes means more profit at CAE

Fourth-quarter profit of $35.6-million comes in $1.3-million higher than a year ago as flight simulator maker sees continued gains in both the military and civil sectors


Energy & Resources 

Inmet takes reins at Petaquilla project

Petaquilla Copper says it's in discussions with other parties about taking a stake in the Panamanian project

Talk of China move, higher bid lift BHP, Rio

There has been speculation that speculation that a state-controlled Chinese firm was building a stake in the world's biggest mining company

DuPont, Danisco form ethanol joint venture

Two will develop and commercialize low-cost technology for producing cellulosic ethanol

Petrobank profit soars on back of Peerless acquisition

First quarter profit jumped 850 per cent after deal completed in January

Oil falls after edging close to $127

Iranian officials say they have no plans to cut exports to the world market.


International Business 

Broadcom founders charged by SEC

Complaint alleges they falsified reported income. Former CFO and general counsel also charged.

JPMorgan to start physical oil trade, eyes $200 oil

Bank's global head of commodities says move by year-end will increase its exposure in a market that could rise to $200 a barrel

Inflation pressures ease in U.S.

Reading should ease central bank concerns, but may be little comfort to consumers as food costs take biggest leap in 18 years

U.S foreclosure filings surge 65% in April, home values slide

Combination of weak housing sales, falling home values, tighter mortgage lending criteria and a slowing U.S. economy has left financially strapped homeowners with fewer options to avoid foreclosure


Investing 

Investor Faceoff: When Murray met Lesley

Both competitors are well above water despite the turbulent markets

Fund managers' worries turn to inflation

International survey of institutional investors also shows most believe profit expectations are too high

Heinzl: An apt market description: 'undeserved calm'

Equity markets left vulnerable to downside risk

No end in sight to losing streak

U.S. market forecasts scaled back after a third straight quarter of falling earnings


Technology 

IT woes have a silver lining: lessons learned

Snafus with new IT systems can dog companies large and small. A big factor is that many companies expect new technology to solve process problems that might not even be related to IT, experts say.

Icahn aims to put Yahoo back into play

CNBC reports that billionaire investor might be putting himself in a position to force Yahoo and Microsoft back into negotiations

Apple iPhone dials up Asian market

Company signs deals to bring device to Singapore, India, the Philippines and Australia this year


Small Business 

Business incubator: Taking on the giants

Chris Hogg on bringing Web 2.0 to the world of news

Rethinking social networking

What I believe Facebook is finished

Striving for a big bite

Can George Borovan crack the meal-planning market?


Managing 

Muzyka: Saving consumers from ... ahem ... themselves

We need to realize that people are flawed decision-makers

Weekend workout: It's prudent to have a disaster plan

Why companies need to prepare for emergencies

Jacques Lamarre: Seeing growth in maintenance

SNC designs it. SNC builds it. Now SNC wants to run it, too

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