Porter Airlines denies report it's shopping for a buyer
Toronto-based Porter Airlines has denied a report that it is looking for a buyer.Oil closes at lowest level since 2003, dragging down TSX with it
The price of a barrel of oil slid to its lowest level since September 2003 today, bottoming out below $28 US a barrel amid more signs the world is still drowning in excess crude. That put investors in a selling mood in Toronto.The Force is with Cineplex as Star Wars boosts bottom line
The latest instalment in the Star Wars franchise helped to power Cineplex to its best-ever quarterly and full-year financial results.GM to recall 473,000 trucks and SUVs for brake pedal problem
General Motors is recalling more than 473,000 trucks and SUVs in the U.S. and Canada because the brake pedals can come loose and fail to work properly.Oil price rebound isn't coming any time soon, IEA says
The International Energy Agency says oil supply is set to outpace demand this year, keeping a lid on any expected price increases.Fortis to buy U.S. electric transmission company ITC for US $11.3B
St. John's-based Fortis Inc. has a friendly deal to buy a U.S. electric transmission company ITC for US $11.3 billion.