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Money Headlines News
Ont. judge orders Drabinsky, Gottlieb to pay $36.5M US
Garth Drabinsky and Myron Gottlieb, the co-founders of now defunct theatre company Livent Inc., have been ordered to pay $36.5 million US to noteholders from a 2005 decision in a U.S. class-action lawsuit. » full story
Connors Bros. Income Fund units slip
Connor Bros. Income Fund units hit amid botulism-related recall of products made by Georgia subsidiary. » full story
25,000 Alberta tradespeople poised for strike
Alberta tradespeople in five unions have voted 95 per cent in favour of taking strike action, a move that threatens to bring the province's construction industry to a halt as early as the end of the week. » full story
Cameco shares under pressure
Shares of Saskatoon-based Cameco Corp. slipped Monday as investors reacted to Friday's news that the company found uranium in the soil at an Ontario processing plant. » full story
CN Rail cuts 2007 profit outlook
CN Rail cut its 2007 earnings guidance Monday with the company citing the higher Canadian dollar and revenue weakness for the decline. » full story
Ekati mine boosts diamond production
BHP Billiton, the majority owner of Canada's first diamond mine in the Northwest Territories, has reported a substantial increase in diamond production in the first half of this year. » full story
Southwestern Resources shares gain on takeover defence plan
Shares of beleaguered Southwestern Resources Corp. recovered some ground Tuesday, a day after the company announced it had adopted a shareholders rights plan. » full story
Canadian Pacific Railway revenues rise 7% in Q2
Higher shipments of sulphur, fertilizer and coal helped Canadian Pacific Railway Ltd. post higher second-quarter revenues, but the company's profits were down from the previous year. » full story
Canadians need tips on tipping: survey
While most Canadians balk at the thought of tipping anything under the standard 15 per cent at a restaurant, it seems they are far less gracious when it comes to tipping staff in other service jobs, according to a new survey. » full story
Buhler Industries gets takeover bid from Russian firm
A $150-million takeover bid from a Russian company sent shares of agricultural equipment maker Buhler Industries Inc. up more than 13 per cent on Tuesday. » full story
Beddoe stepping down as WestJet CEO, will remain as chairman
Clive Beddoe, the co-founder of discount airline WestJet based in Calgary, will step down as chief executive officer of the company on Sept. 4. Sean Durfy, currently president, will take on the CEO role. » full story
Dollar tops 96 cents US on strong May retail sales
The loonie shot up to 96.36 cents US following a very strong May report on Canadian retail sales. » full story
TSX drops 400 points
North American stock markets tumbled in a broad decline amid concerns over commodity prices, the subprime housing market and corporate earnings. » full story
Manufacturing shipments inch lower in May
Canada's manufacturing sector posted a very slim decline in shipments in May, falling by 0.1 per cent from April, Statistics Canada said Monday. » full story
Ipsco shareholders endorse takeover offer
Ipsco said about 99 per cent of the votes cast by shareholders at a meeting Monday morning were in favour of Swedish firm SSAB Svenskt Stal's offer of $160 US per share in cash. » full story
Black insists he'll be cleared in appeal
Former media baron Conrad Black writes in e-mails that he is still confident he will be vindicated in the "long war" of his two-year legal struggle despite being convicted in a U.S. court. » full story
Sobeys buying B.C.s Thrifty Foods grocery chain
Grocery giant Sobeys Inc. is buying the British Columbia-based Thrifty Foods chain, the companies said Monday, in a deal that values Thrifty at $260 million. » full story
N.B., N.S. end beer fee dispute
Beer can flow more easily between New Brunswick and Nova Scotia now that the provincial governments have reached shipping deals. » full story
IBM in deal to buy DataMirror for $170M
Shares of DataMirror Corp. of Markham, Ont., shot up more than 18 per cent Monday on news the firm is being sold to IBM for $170 million in cash in a friendly deal. » full story
Cameco's flooded mine may not open until 2011
Cameco Corp. says its big Cigar Lake uranium mine - set for a 2008 startup before it was flooded last year - may not open until 2011. » full story
British Columbia Headlines News
Calgary cyclist killed in B.C. Interior
A cyclist found dead on a ski hill in eastern British Columbia has been identified as Robin Kochorek, a 34-year-old Calgary resident. » full story
Common Sikh names banned under Canada's immigration policy
A Calgary woman waiting for her husband to arrive in Canada is upset by a long-standing immigration policy that forces people with the surname Singh or Kaur to change their last names. » full story
'Extreme recycling' urged as way to cope with garbage strike
A proponent of so-called "extreme recycling" said he hopes the prospect of growing piles of garbage in the heat of summer will spur more Vancouver people to reduce their household waste. » full story
Charges stayed against brother in 2006 slaying of Surrey teacher
The Crown has issued a stay of proceedings against the brother of a man accused of killing his wife - a pregnant school teacher - in Surrey, B.C., in late 2006. » full story
Firefighters hurt as blaze guts bar, bistro on St-Denis
A block of St-Denis Street in downtown Montreal remained closed Tuesday after a major fire destroyed a popular bar and bistro. » full story
Vancouver hospital suspends 7 orthopedic surgeons in job action
Eight orthopedic surgeons involved in a job action at St. Paul's Hospital in Vancouver say they've been fired. » full story
Pay-per-flush? Water and sewer strategies suggested for GTA
Greater Toronto Area water and sewer pipes are deteriorating faster than they are being repaired, and dramatic change is needed to ensure safe and reliable service, says a construction industry group. » full story
Yellow-ribbon campaign for military families comes untied
Calgary councillors have decided not to put "Support our Troops" decals on city vehicles after a contentious and emotional debate at city hall, prompting the businessman offering the yellow-ribbon stickers to withdraw his donation. » full story
Heat wave sweeps across Prairies
Temperatures across the Prairies continued to soar Tuesday, rising 10 to 15 degrees above seasonal averages as a heat wave moved through Alberta, Saskatchwan and Manitoba into northwestern Ontario. » full story
'Miller time,' wage rollbacks not in the cards say Toronto city unions
Adamant their workers are not over paid and shouldn't have to take the fall in the city's financial crisis, union leaders have rejected calls for unpaid days off and wage cuts. » full story
Fire destroys reserve's only school, sparks support movement
The only school on the remote Pikangikum First Nation reserve burned down last month and few people outside the community noticed. As the education authority struggles to get a school ready for the fall, friends and teachers are launching campaigns to get help, and attention, for the troubled community. » full story
Province keeps Calgary paramedics on the job
The Alberta government has declared a public emergency to prevent Calgary paramedics from walking off the job. » full story
Sikh group slams immigration name change policy
A Sikh-Canadian group is slamming the long-standing immigration policy that forces people with the surname Singh or Kaur to change their last names. » full story
Windsor murder suspect now sought in elderly couple's slaying
A man wanted in one homicide is now a suspect in the double slaying of an elderly couple in their home that has left residents of a rural Ontario town on edge. » full story
B.C. oil spill spreads to Burrard Inlet
A major oil spill in a residential neighbourhood in Burnaby, B.C., has forced the evacaution of at least 50 homes and raised environmental concerns as it spread to nearby Burrard Inlet. » full story
BC Lottery Corp. hits $1 billion jackpot
The B.C. Lottery Corp. reported a record $2.4 billion in gross revenues for 2006-07, resulting in a payout in profits of just over $1 billion to the provincial government, local governments, charities and other organizations. » full story
Father charged with murder in baby's death
A 20-year-old man is back in custody following a court appearance in Cornwall, Ont., Monday to face a charge of first-degree murder after his 18-month old son was found dead in a home on the Akwesasne Mohawk Territory over the weekend. » full story
Mayor says Toronto needs new tax measures to succeed
Toronto Mayor David Miller says new taxes, such as those proposed on house purchases and vehicles, are essential if the city is to prosper. » full story
Baseball-sized hail falls on central Alberta
Environment Canada says hailstones as big as baseballs fell in High River, Airdrie and Irricana Sunday night as severe thunderstorms swept through central Alberta. » full story
Funeral today for Manitoba soldier killed in Afghanistan
A funeral service in Clearwater, Man., is being held today for Pte. Lane Watkins, one of six soldiers killed July 4 in Afghanistan. » full story
Technology & Science
Climate change could ruin fisheries: scientist
Climate change could cause more harm to fish stocks - and the coastal communities who depend on them - than excessive harvesting, a globally recognized scientists warns. » full story
B.C. Interior community goes for ring-tone-free zone
People in the Slocan Valley are trying to stop Telus from bringing cellphone service to their neck of the woods so they can market the area as a ring-tone-free zone. » full story
New computer program never loses at checkers
After almost two decades, and a dozen researchers, and hundreds of computers, a University of Alberta team has created a computer program that always wins or ties at the game of checkers. » full story
Dunked ducks among bath toys destined for British shores
After floating through 35,000 kilometres of the Atlantic Ocean, hundreds of plastic bathtub toys that went overboard 15 years ago are expected to wash up on British shores any day now. » full story
Spite sets humans apart from other primates, studies suggest
Both chimpanzees and people punish wrongdoers - but only humans hurt someone else because they can, German evolutionary biologists have found. » full story
Scientists discover Saturn's 60th moon
NASA scientists studying images sent back from the Cassini-Hyugens spacecraft have discovered the 60th moon orbiting the ringed planet Saturn. And for now at least, they've named it Frank. » full story
Dinosaurs had slow rise to prominence, study finds
Dinosaurs may have once ruled the Earth, but their rise was a more gradual process than previously thought, according to a new study based on evidence from a rich fossil find in the United States. » full story
Quebec's warming Arctic becoming unsafe for Ski-Doos, native hunters warned
Aboriginal hunters in northern Quebec are being asked to return to dogsledding as climate change continues to eat away at ice floes, making snowmobiling increasingly dangerous. » full story
Production to begin on laptops for world's poorest kids
One Laptop Per Child, a non-profit group that plans to give cheap computers to schoolchildren in developing countries, said Monday that it has received three million orders and will begin mass production. » full story
Report: Security firm hacks iPhone
A group of security experts in the United States say they have discovered a flaw in Apple Inc's iPhone that can be exploited to allow hackers to take over control of the hand-held device. » full story
Changes in rainfall man-made, Canadian scientists say
Human activity is changing rainfall patterns throughout the world, bringing more precipitation to temperate and northern regions while providing less to subtropical and tropical regions north of the equator, according to a study to be published Thursday in the journal Nature. » full story
St. John's mayor assails 'junk' science on pesticides
St. John's Mayor Andy Wells has lashed out against advocates for curbs on domestic pesticides, saying their arguments are based on 'junk' science. » full story
Nerve agent antidote made using goat's milk
Goat's milk can be used to produce a particular human enzyme believed to be a powerful antidote against the compounds from some chemical weapons, suggests a report. » full story
Toronto network falls to No. 2 on Facebook pecking order
The city of Toronto was knocked off its perch as the top regional network on social networking website Facebook, with membership from the city of London, England surpassing Canada's largest city sometime in the past week. » full story
Study suggests walking on two legs saves energy
Scientists studied chimps walking on treadmills to help explain why human ancestors might have starting walking on two feet 10 million years ago. » full story
Small-town shoe factories fit high-tech tenants
An eastern Ontario town is trying out some new industries after losing hundreds of manufacturing jobs to outsourcing in recent decades. » full story
Net radio gets a breather
New broadcast royalties for U.S. web radio, which the industry warned would take a disastrous toll, appear to have been averted for now. » full story
Climate change shrinking Chinese rivers, scientists say
The Yangtze River and the Yellow River have shrunk over the past 40 years because climate change is affecting the source of the two great rivers. » full story
Top officials leave at 'critical' time for NASA
Two top NASA officials, including the man in charge of developing new spacecraft to replace the space shuttle fleet, have announced plans to leave the space agency. » full story
Molecular propeller could pump medicines
Construction is probably several years away because of the problems of constructing such a small device. » full story
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