TSX closes at highest level since 2008
The Toronto Stock Exchange's main index hit its highest level in more than five years on Thursday, pushed higher by stronger prices for commodities Canada has a lot of like oil and natural gas.BP worker settles charges of insider trading during Gulf cleanup
The government says a former BP employee who was a co-ordinator during the 2010 oil spill in the Gulf of Mexico has settled federal charges of using confidential information on the seriousness of the spill to profit illegally from trading in BP stock.Spinoffs new 'golden route' to value in 2014 markets
2014 may be the year of the spinoff, with a record number of deals coming to market in which a parent company raises capital by listing one of its units as a separate business, according to the founder of The Spinoff Report. OSC 'comply and explain' plan for women on boards draws praise
Most of the companies and groups who sent comments about a proposed Ontario Security Commission reporting requirement around women on their boards support the “comply and explain” approach taken by the securities regulator, rather than imposition of quotas.Online dating service Zoosk plans $100M US IPO
Zoosk, an online dating site and app creator that claims to have 26 million members worldwide, plans a listing on the New York stock exchange that would raise up to $100 million.Fired Yahoo executive nets $58M severance for 15 months of work
Yahoo's recently fired chief operating officer, Henrique de Castro, left the Internet company with a severance package of $58 million even though he lasted just 15 months on the job.