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Today: Business News

Bombardier Transportation accused of corruption in South Korea
Bombardier

Bombardier Transportation was investigated in South Korea over corruption allegations but was never charged, CBC's French-language service Radio-Canada has learned.

Wed, 28 Jan 2015 20:21:56 EST


Loonie drops below 80 cents US
Loonie 20141127

The Canadian dollar slipped below 80 cents US today for the first time in almost six years.

Wed, 28 Jan 2015 14:50:45 EST


Federal Reserve remains patient about next U.S. rate hike
Federal Reserve

The U.S. Federal Reserve has reiterated its pledge to be patient and hold off on raising interest rates from the record low levels they’ve been at for the last six years.

Wed, 28 Jan 2015 14:34:32 EST


GM holding back until 2016 on decision over Ontario plant
Steve Carlisle GM president

GM will not decide on any new investments in its Oshawa, Ont., manufacturing plant until 2016, its Canadian president said Wednesday in a press statement.

Wed, 28 Jan 2015 14:26:27 EST


NAFTA probe of Alberta's tailings ponds blocked by Canada
Oilsands tailings NAFTA

Canada has succeeded in blocking an investigation into Alberta's tailings ponds by NAFTA's environmental watchdog.

Wed, 28 Jan 2015 13:35:10 EST


Don Thompson, McDonald's Corp CEO, stepping down
Don Thompson

McDonald's Corp, fresh off one of its worst financial years in decades, on Wednesday said Chief Executive Officer Don Thompson would leave at the end of February and be succeeded by Chief Brand Officer Steve Easterbrook.

Wed, 28 Jan 2015 21:27:16 EST


Tim Hortons layoffs: Long-time employees escorted out the door
Tim Hortons coffee

Dozens of corporate Tim Hortons workers, including pregnant women and staff who had been with the chain for 30 years, were summoned to meet with outplacement agents and then escorted out the doors of its regional offices and headquarters yesterday as part of a nationwide restructuring.

Wed, 28 Jan 2015 12:23:04 EST


Cyber surveillance worries most Canadians: privacy czar's poll
cyber22222_pub

A growing number of Canadians say they are concerned about privacy, according to a new survey commissioned by the federal privacy commissioner.

Wed, 28 Jan 2015 13:30:35 EST