Madoff's former CFO pleads guilty to 10 charges
Business News
The former chief financial officer for disgraced financier Bernard Madoff pleaded guilty Tuesday to 10 charges, including conspiracy, securities fraud, falsifying records and international money laundering.

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2 seafood firms post solid profits despite recession
Business News
Two East Coast seafood companies - Clearwater Seafoods and High Liner Foods Inc. - are showing recession-resistance by posting higher sales and maintaining or improving second-quarter profits.

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Cool, wet weather cuts Arctic Glacier's Q2 profit 16%
Business News
Packaged ice maker Arctic Glacier Income Fund said Tuesday that unseasonably cool and wet weather in many parts of North America helped cut its second-quarter profit by 16 per cent.

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Caisse loses $5.7 billion
Business News
Quebec's largest pension fund manager lost more than $5.7 billion in real estate writedowns in the first half of 2009.

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Bombardier cancels MyAir's order for 15 jets
Business News
Bombardier Aerospace has cancelled an order from Italy's MyAir for 15 of its CRJ1000 aircraft, citing the low-cost airline's "uncertain situation."

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CI Financial's Q2 profit plunges 62%
Business News
CI Financial Corp. reported a 62 per cent drop in second-quarter profit Tuesday as sales of its investment funds declined.

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