• Groupon reports smaller Q1 net loss

  May 15, 2012 - 8 h 02

  Signalling a change of fortunes, online deals company Groupon Inc. posted a smaller net loss and sharply higher revenue in the first quarter, helped by increased demand from a growing customer base.

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• Best Buy chair resigns position

  May 14, 2012 - 12 h 27

  America's biggest consumer electronics retailer Best Buy said Monday its founder Richard Schulze is stepping down as chairman after an investigation found that he knew that the CEO was having a relationship with a female employee and failed to...

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• After US$2B blunder, JPMorgan chief investment officer departs

  May 14, 2012 - 10 h 45

  The chief investment officer at JPMorgan Chase, one of the highest-ranking women on Wall Street, will retire, the company said Monday. She becomes the first casualty of the bank's US$2 billion trading blunder.

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• Yahoo CEO Thompson steps down

  May 14, 2012 - 8 h 17

  Yahoo has swept out Scott Thompson as CEO in an effort to clean up a mess created by a misleading resume that destroyed his credibility as he set out to turn around the long-troubled Internet company.

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• Greece: Coalition talks drag on as stocks tank

  May 14, 2012 - 8 h 05

  Greek party leaders are to resume power-sharing talks Monday as negotiations to create a government drag into a second week, raising the spectre of fresh elections that could threaten the crisis-stricken country's international bailout and its...

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• Panasonic quarterly loss balloons 10-fold

  May 11, 2012 - 8 h 15

  Panasonic's January-March losses ballooned 10-fold to 438 billion yen ($5 billion), completing a year of record red ink at the Japanese electronics maker battered by natural disasters and an ailing TV business.

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• Eurozone to contract in 2012: EU

  May 11, 2012 - 8 h 07

  The European Union estimates that the economy of the 17 countries that use the euro is in recession in the wake of a debt crisis that has prompted savage spending cuts and a jump in unemployment to record highs.

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• Stocks to head lower amid huge JPMorgan loss

  May 11, 2012 - 8 h 00

  The Toronto stock market headed for losses at the open Friday as commodity prices fell amid data showing the Chinese economy falling faster than thought. Investor confidence was also shaken by a big surprise trading loss at JPMorgan Chase, the...

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• Bombardier Q1 earnings, revenues fall

  May 10, 2012 - 13 h 15

  Bombardier missed expectations Thursday as its profit dropped nearly 14 per cent to US$190 million in the first quarter on a 25 per cent decrease in aerospace and transportation revenues.

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• Embattled Sony reports record annual loss

  May 10, 2012 - 10 h 40

  Sony Corp. racked up a record annual loss of 457 billion yen ($5.7 billion) in its fourth straight year of red ink as the once-glorious maker of the Walkman and PlayStation struggles toward a turnaround under a new president.

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Other news

• May 10, 2012 Tim Hortons Q1 flourishes despite tough times
• May 10, 2012 Toronto stock market in for weak open
• May 9, 2012 SNC Lavalin hit with $1.5 billion class action over alleged misconduct
• May 9, 2012 Rona reduces Q1 loss to $13.3M
• May 9, 2012 Quebecor income doubles to $72.9M in Q1
• May 9, 2012 TSX in for losses amid Greek political turmoil
• May 8, 2012 IMF head calls for gradual deficit cuts in Europe
• May 8, 2012 Credit card issuers charge unreasonable fees: Competition Bureau
• May 8, 2012 Groupon founder asks for shareholder patience
• May 8, 2012 Yahoo CEO apologizes for biography inaccuracy amid calls to resign
• May 8, 2012 Greek turmoil to lower TSX
• May 7, 2012 Austerity backlash grows in Europe after elections
• May 7, 2012 Canadian economy shows signs of braking
• May 7, 2012 Stocks to open lower as eurozone uncertainty rises
• May 4, 2012 HSBC Bank Canada sees its profits grow