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Business

Investor Warren Buffett gets philanthropy award after Bono embarrasses him with tribute song

NEW YORK, N.Y. - Billionaire Warren Buffett's giving is being recognized by a group of his fellow philanthropists.

Transcontinental says weak ad conditions could prompt more cutting

MONTREAL - Transcontinental says a persistence in difficult advertising conditions will force it to continue cutting its media sector to limit the damage to the printing and publishing company's bottom line.

One of Public Mobile's backers has links to Canada's wealthiest family

Public Mobile has backing from a private equity firm with ties to Canada's wealthiest family and a desire to become Canada's fourth-largest carrier for cellphone customers, Public Mobile's chief executive said Thursday.

Martin Short uses cottage as inspiration for Royal Canadian Mint collector coin

OTTAWA - Canadian funnyman Martin Short is sharing a personal slice of cottage life through the creation of a special collector coin.

Chrysler agrees to recall 630,000 Jeep SUVs worldwide for air bag, fluid leak problems

DETROIT - Just two days after refusing a government request to recall 2.7 million older-model Jeeps, Chrysler has decided to do two other recalls totalling 630,000 vehicles worldwide.

Loonie surges more than a cent as U.S. dollar sells off, commodities mixed

TORONTO - The Canadian dollar surged Thursday as a heavy selloff of the U.S. dollar lifted a variety of currencies.

Nova Scotia premier not fazed by Muskrat Falls opposition from consumer groups

HALIFAX - Nova Scotia's premier says across-the-board opposition from consumer groups during regulatory hearings in Halifax into the Muskrat Falls project doesn't faze him.

Poloz says dangers of low interest rates no 'threatening' at moment

OTTAWA - New Bank of Canada governor Stephen Poloz is signalling there will be no shift from the current low interest rate policy under his leadership, at least in the short term, despite fears it is creating imbalances in the economy.

Competition Bureau says companies charged with fixing chocolate prices

OTTAWA - The Competition Bureau says criminal charges have been laid against three companies including Nestle Canada and three individuals accused of fixing the price of chocolate candies in Canada.

Public Mobile CEO says new backers position wireless carrier to shoot for No. 4

TORONTO - The CEO and founder of Public Mobile says the regional wireless company now has the financial backing necessary to compete with Rogers, Bell and Telus and become Canada's No. 4 national carrier.

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