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Business

TSX set to advance as Alcoa beats expectations, traders look to Fed minutes

TORONTO - The Toronto stock market was set for a higher open Wednesday as traders digested a better than expected earnings report from resource giant Alcoa Inc. and looked ahead to data coming out this afternoon that will provide information on what U.S. Federal Reserve officials discussed at their last big interest rate meeting.

McDonald's set to hire more than 6,000 young people at one day event

TORONTO - McDonald's Canada and its franchisees are set to hire more than 6,000 young people at a one-day event on Thursday at participating restaurants across the country.

Passwords, other data exposed to potential theft by security flaw in key encryption technology

SAN FRANCISCO - An alarming lapse in Internet security has exposed millions of passwords, credit card numbers and other sensitive bits of information to potential theft by computer hackers who may have been secretly exploiting the problem before its discovery.

Toyota recalls more than 6 million vehicles globally for a variety of problems

TOKYO - Toyota Motor Corp. is recalling 6.39 million vehicles globally for a variety of problems spanning nearly 30 models in Japan, the U.S., Europe and other places.

B.C. aerospace industry gets $1-million contribution from province

SIDNEY, B.C. - British Columbia's aerospace industry is getting a $1-million lift from the provincial government, in a bid to expand the sector in the face of "unprecedented global growth."

California bill seeking to end orca shows at SeaWorld stalls; panel says further study needed

SACRAMENTO, Calif. - A California bill that sought to end killer whale shows at SeaWorld in San Diego and phase out their captivity was put on hold Tuesday, dousing an escalating fight between animal activists and supporters of the major tourist attraction.

NBC announces national talent search for comedy writers, with network shows the prize

PASADENA, Calif. - NBC is launching a national talent search for comedy writers.

P.E.I. delivers budget focused on health care as it takes aim at surplus

CHARLOTTETOWN - Some kindergarten children in Prince Edward Island will get free eye exams and glasses in a $1.6 billion budget introduced Tuesday by the provincial government that also sees revenue outpace increases in spending.

Toronto stock market makes triple-digit gain on stronger commodities

TORONTO - The Toronto stock market closed with a strong advance Tuesday as key commodity prices touched their highest levels in weeks.

Online newspaper Alaska Dispatch buys Anchorage Daily News for $34 million

ANCHORAGE, Alaska - An online competitor announced plans Tuesday to buy Alaska's largest daily newspaper.

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