Hollywood studio Metro-Goldwyn-Mayer Inc., the home of James Bond, says it has filed for bankruptcy protection as the culmination of a long process to restructure its finances with the support of lenders.

The Toronto Stock Exchange traded lower Wednesday, ahead of a widely expected announcement by the U.S. Federal Reserve to stimulate the American economy.

WestJet Airlines Ltd. will begin paying investors a dividend and plans to buy back about five per cent of its stock.

Canada's budget watchdog says the odds the federal government can make good on a promise to balance the budget in five years are slim to none.

Google violated Britain's data protection laws when its Street View mapping service recorded data from private wireless networks, the country's information commissioner says.