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Business

Terse testimony from Macmillan CEO in e-book antitrust trial

NEW YORK, N.Y. - Macmillan CEO John Sargent, who testified this week at a trial over alleged price-fixing of e-books, was no one's idea of a friendly witness.

Harper lands in London ahead of G8, scheduled to meet Queen, British PM

LONDON - Prime Minister Stephen Harper will meet oil, gas and mining executives Wednesday in London, where he may announce Canada is adopting a G8 initiative that would require companies to disclose any payments they make to foreign governments.

Regulator, industry find oilsands cleanup harder than first thought

EDMONTON - Alberta's energy industry has found that cleaning up oilsands tailings is much harder than it thought.

Lululemon dealt setback as CEO plans to exit amid clothing problems

TORONTO - The fallout from the latest wardrobe malfunction at Lululemon Athletica Inc. (TSX:LLL) continued Tuesday as the stock plunged following news that the woman who helped build the company's reputation plans to depart.

U.S. must continue global political role despite energy revolution: official

MONTREAL - Washington must continue to support peace in the Middle East despite an energy revolution that is decreasing its reliance on foreign oil, a U.S. government official said Tuesday.

Encana hires former BP exec and Gulf of Mexico spill point-man as new CEO

CALGARY - Encana's new CEO - formerly BP's point man on the Gulf of Mexico oil spill cleanup - says he's in no rush to chart a new course for the troubled natural gas giant.

Crude oil falls below US$96 a barrel on concerns about stimulus measures

NEW YORK, N.Y. - Oil prices dropped Tuesday along with stocks and other commodities on concerns that central banks around the globe may back off on measures to boost the global economy.

Despite clear path, NBC's 'The Voice' limps to finish with viewership below its season average

NEW YORK, N.Y. - Despite being set up to shine, "The Voice" is limping to its finish.

TSX tumbles amid Bank of Japan inaction, speculation on Fed stimulus easing

TORONTO - The Toronto stock market closed deep in the red Tuesday amid concerns over what central banks can do to stimulate a lacklustre global economic recovery.

NBC's 'The Voice' limps to finish with viewership below its season average

NEW YORK, N.Y. - Despite being set up to shine, "The Voice" is limping to its finish on NBC.

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