Sportsnet’s Nick Kypreos is raising the possibility of the Edmonton Oilers trading their 7th overall pick in return for a Toronto Maple Leafs defenceman.
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NEW ORLEANS – Justice Department prosecutors secured new indictments Wednesday against a former BP engineer and a former BP executive charged separately with obstructing probes of the company’s 2010 oil spill in the Gulf of Mexico.
If there is going to be a significant and extended recovery in the global economy, it will need to continue forming in the second half of this year and solidify in 2014
White House officials will be at the Canadian embassy on Thursday to discuss a joint Canada-U.S. initiative feared to be on life support in recent months — the Regulatory Co-operation Council, aimed at harmonizing trade regulations to ease cross-border trade between the world’s two biggest trading partners.
NEW YORK, N.Y. – Stocks are closing sharply lower and bond yields are rising after Fed Chairman Ben Bernanke said the central bank could slow its massive bond purchases this year.
DETROIT – The Detroit Red Wings and city officials on Wednesday announced a $650 million plan for a new arena development for the NHL team in Detroit’s downtown entertainment and sports district.
WASHINGTON – Ben Bernanke declined Wednesday to address speculation that he will step down as chairman of the Federal Reserve in January when his term ends, saying he wanted to keep the attention on Fed policy.
Imperial Oil Ltd. says it will convert its refinery in Dartmouth, Nova Scotia to a terminal facility after it was unable to attract a buyer for the plant.
Chairman Ben Bernanke ended weeks of speculation Wednesday by saying the Federal Reserve will likely slow its bond-buying program later this year and end it next year if the economy continues to improve.
TORONTO – The Canadian dollar was higher Wednesday as the new governor of the Bank of Canada used his first major speech since taking over to call on business to show confidence and start spending.