U.S. economy sheds 54,000 jobs
Business News
A decline in government employment caused the U.S. economy to shed 54,000 jobs in August, pushing the unemployment rate up slightly to 9.6 per cent

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BP Gulf oil spill costs hit $8B US
Business News
BP says it has so far spent roughly $8 billion US responding to the disastrous oil well blowout in the Gulf of Mexico.

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Fuel tanker runs aground in Northwest Passage
Business News
A fuel tanker carrying nine million litres of diesel fuel has run aground in the Northwest Passage, the Canadian Coast Guard has confirmed.

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Vancouver home prices drop 2.8% since April high
Business News
Vancouver's real estate market is continuing to cool, with prices and sales dropping from their April highs, according to the latest figures released by the region's real estate board.

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RIM should open up user data: UN agency
Business News
The head of the United Nations telecommunications agency has urged BlackBerry maker Research in Motion to allow law enforcement agencies access to customer data.

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Canadian mining CEOs' bonuses rebound
Business News
Canada's mining CEOs' bonus payments climb to 88% of base pay in 2010, compared with 61% in 2009 as commodity markets rebound.

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