Fiat Chrysler to put assembly plant in Detroit area

Fiat Chrysler will open another assembly plant in the Detroit area, according to a person familiar with the automaker’s plan.…

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Qatar to leave OPEC and set own oil and gas output

The tiny, energy-rich Arab nation of Qatar announced on Monday it will withdraw from OPEC in January, meeting its aspirations…

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CIBC profit rises, but by less than expected

CIBC reported a higher fourth-quarter profit compared with a year ago, but fell shy of market expectations. The Toronto-based bank…

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Deutsche Bank confirms police investigation stemming from Panama Papers

Some 170 police officers, investigators and prosecutors raided the German offices of Deutsche Bank on Thursday on the suspicion bank…

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Canada Post pitches ‘cooling off period’ that would shelve strike until February

Canada Post has proposed a “cooling-off period” with its largest union that would see rotating strikes put on hold through…

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Second Cup converting 2 Alberta cafés to cannabis dispensaries, will review rest of chain

The Second Cup Ltd. says it has started a strategic review of the coffee chain company despite reporting improved financial…

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American Apparel returning to Canada with online store

American Apparel will return to the Canadian market with an online store on Nov. 1., a year after its bankruptcy…

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Surging U.S. deficit a warning for Canadians wanting tax cuts: Don Pittis

According to a new Senate report, what Canada needs is for its rich people to get richer. Of course that’s not…

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Bargain price oil: How long will it last?

As oil from Alberta and Saskatchewan continues to sell at record discounts, American refineries are enjoying lucrative profit margins at the expense…

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