Volkswagen's woes continue & pension plans lower expectations: BUSINESS WEEK WRAP
From a warning to not expect a fix for your diesel-belching VW any time soon, to a warning to pension plans to expect lower returns in future, caution was the word of the week. Luckily Jacqueline Hansen is here to throw caution to the wind in her weekly video recap.Jobless rate ticks up to 7.1% in September despite 12,000 new jobs
Canada's economy added 12,000 jobs last month, but the unemployment rate increased slightly to 7.1 per cent because more people were also looking for work.Judge approves U.S. Steel transition plan, suspends retiree benefits
A bankruptcy court judge has agreed to a plan that will sever U.S. Steel Canada from its U.S. parent and allowed the company to suspend pension benefit for tens of thousands of retirees.Labatt Breweries of Canada buys Mill Street brewery
Labatt Breweries of Canada is buying Toronto-based craft beer maker Mill Street Brewery for an undisclosed amount.U.S. House of Representatives votes to end 40-year-old oil export ban
Defying a White House veto threat, the Republican-controlled House on Friday approved a bill to lift a 40-year-old U.S. ban on crude oil exports.Loonie climbs above 77 cents as oil stays strong
The Canadian dollar finished above 77 cents US today on an oil rally that's lasted for the past week and a weaker greenback.