News and Finance

AIG reported a substantial fourth-quarter loss Friday, largely due to costs associated with selling off large stakes in its insurance businesses to reduce the […]

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There might be a Canadian drawing breath who doesn’t think Canada would benefit from more wireless competition. I have yet to meet this person.
The […]

Retail sales rose more than expected in October due largely to a big rebound in auto sales. But broader consumer spending remains under pressure, […]

Liabilities at Japan Airlines Corp would exceed its assets by as much as $8.8 billion if Asia’s largest airline by revenues were liquidated, a […]

Insurance risk assessment specialist Verisk Analytics Inc VRSK.O on Monday set the terms of its initial public offering, saying it expects the offering to […]

If anyone has profited from the free-enterprise system in the past 20 years, it’s Michael Moore. Since 1989, when his "Roger & Me" pioneered […]

Airlines carried 11.3 percent less cargo and 2.9 percent fewer people in July than in the same month a year ago, a global industry […]

Less than six months after it raised electric rates by $163 million, AmerenUE is going back to Missouri regulators in search of another, larger […]

Don’t tell Nathan Vella that Toronto, with its buttoned-down reputation, is playing catch-up when it comes to the vibrant, $22 billion video-game industry.
The province said […]

China may have told world leaders it wants a better, more stable global reserve currency system, but analysts say Beijing is in no rush […]