Print2online CMS 4.0 http://www.canadianbusinessjournal.ca/ ©2007 CBJ http://www.canadianbusinessjournal.ca/files.php?file= http://www.canadianbusinessjournal.ca/ http://www.canadianbusinessjournal.ca/business_news/usa_news/time_warner_leads_bids_of_up_to_1_5_billion_for_mgm.html USA Business News Tue, 23 Mar 2010 00:42:00 -0400 CBJ Mar 23 - Time Warner Inc, Lions Gate Entertainment Corp and billionaire Len Blavatnik's Access Industries put up rival bids of $1.2 billion to $1.5 billion for studio Metro-Goldwyn-Mayer, sources familiar with the matter, told Reuters on Monday. The offers were far less than MGM first expected. MGM, which is struggling with $3.7 billion in debt, had initially hoped for bids of at least $2 http://www.canadianbusinessjournal.ca/business_news/usa_news/us_healthcare_bill_passes.html USA Business News Sun, 21 Mar 2010 17:54:00 -0400 CBJ Mar 22 - After a year of debate, the House of Representatives approved a Senate bill last night, overhauling the U.S. health-care system. House lawmakers voted 219-212 to approve the reform bill, which aimed to extend insurance coverage to about 32 million Americans. No House Republicans voted for the Senate bill, which now goes to Obama for signature. Thirty-four Democrats also voted against it. http://www.canadianbusinessjournal.ca/business_news/usa_news/fedex_profit_doubles_surprising_market_analysts.html USA Business News Wed, 17 Mar 2010 18:05:00 -0400 CBJ Mar 18 - Package delivery giant FedEx Corp posted sharply higher quarterly profit, topping expectations, but its shares fell, giving back gains accrued in the days leading up to the earnings announcement. FedEx reported profit for its fiscal third quarter ended Feb 28 of $239 million, or 76 cents per share, up from $97 million, or 31 cents per share, a year earlier. http://www.canadianbusinessjournal.ca/business_news/usa_news/barnes_and_noble_promotes_web_chief_as_new_ceo.html USA Business News Wed, 17 Mar 2010 18:04:00 -0400 CBJ Mar 18 - Barnes & Noble Inc. promoted one of its own—former head of e-commerce business—to chief executive, just weeks after a key investor accused its board of protecting the interests of its controlling family when it blocked his attempt to raise his stake. The top U.S. bookseller said William Lynch, 39, will succeed Steve Riggio as chief executive and Riggio will http://www.canadianbusinessjournal.ca/business_news/usa_news/us_economy_losses_36_000_jobs_in_february.html USA Business News Fri, 05 Mar 2010 00:44:00 -0500 CBJ Mar 5 - The U.S. unemployment rate is unchanged at 9.7 percent as employers shed 36,000 jobs in February, the government announced on Friday. The Department of Labour said job losses for December and January has been revised and 35,000 fewer jobs were lost than previously thought. http://www.canadianbusinessjournal.ca/business_news/usa_news/google_phone_maker_sued_by_apple.html USA Business News Tue, 02 Mar 2010 17:40:00 -0500 CBJ Mar 3 - Apple Inc. Has sued phone maker HTC Corp on Tuesday, claiming the phone made for Google Inc. Violates patents on Apple’s iPhone. HTC is a Taiwan based company is the maker of the Nexus One phone, as well as several of its own braded phones that work on Google’s Android operating system. http://www.canadianbusinessjournal.ca/business_news/usa_news/obama_keeps_insurers_in_mind_as_he_sets_health_plan.html USA Business News Mon, 22 Feb 2010 00:57:00 -0500 CBJ Feb 22 - President Barack Obama will pitch his bid to revamp the U.S. healthcare system as a way to control big insurance company rates increases when he releases his healthcare plan on Monday, the White House said. The Democratic president will propose giving the U.S. government new power to block health insurers from attempting excessive premium hikes in the plan to be posted on http://www.canadianbusinessjournal.ca/business_news/usa_news/u_s_grilling_to_test_toyota_chiefs_mettle.html USA Business News Mon, 22 Feb 2010 00:56:00 -0500 CBJ Feb 22 - Two days after his appointment as president of Toyota Motor Corp last June, Akio Toyota delivered his vision for steering the company founded by his grandfather: to make better cars for the public. Just eight months later, Toyota is preparing to defend himself in front of U.S. lawmakers convinced that the world's biggest automaker was working to much less lofty ideals. Allegations that http://www.canadianbusinessjournal.ca/business_news/usa_news/fed_seeks_to_calm_markets_after_discount_rate_rise.html USA Business News Fri, 19 Feb 2010 00:57:00 -0500 CBJ Feb 19 - Federal Reserve officials moved to calm speculation that a surprise rise in its emergency lending rate could bring forward broader policy tightening, saying borrowing costs in the economy would stay low. Fed Chairman Ben Bernanke flagged the move last week, saying the central bank aimed to widen the spread between its main policy rate that remains pegged near zero and the discount http://www.canadianbusinessjournal.ca/business_news/usa_news/jobs_prices_data_flag_hurdles_for_economy.html USA Business News Thu, 18 Feb 2010 02:30:00 -0500 CBJ Feb 18 - Despite signals of a recovering job market, the number of U.S. workers filing new applications for unemployment insurance unexpectedly surged last week. Meanwhile, producer prices increased sharply in January, raising potential hurdles for the economic recovery. Initial claims for state unemployment benefits increased 31,000 to 473,000, the Labor Department said on Thursday. That compared to market expectations for 430,000. Another report from CBJ.ca - The Canadian Business Journal