BlackBerry posts drop in revenue but cuts net loss
BlackBerry reported a significant drop in third quarter revenues, posting weak hardware sales.
The Canadian smartphone maker reported revenue of only $793 million, down 34%...
Haggen acquiring 146 Safeway and Albertsons stores
Haggen has agreed to acquire 146 Safeway and Albertsons stores as part of the Federal Trade Commission (FTC) required divestment after the announcement of...
Around 1.2 million cards exposed in Staples security breach
According to Staples Inc., around 1.2 million customer payment cards may have been exposed because of a security breach that occurred earlier this year.
The retailer said a couple...
Canadian inflation down to 2.0 percent on lower gas prices
The big drop in Canadian gasoline prices slowed the country’s pace of inflation in November after a spike in October, giving the Bank of...
T-Mobile paying millions for services people did not want
T-Mobile US had billed customers tens of millions of dollars’ worth of services they had never signed up for, and will now have to...
TSX enjoys 3-year weekly gain record
TSX, the Toronto Stock Exchange, recorded its largest weekly gain in three years on Friday, after rising for four successive days. The oil price...
OMERS sells Logibec to GI Partners
OMERS Private Equity has agreed to sell Logibec Inc., its healthcare IT company, to GI Partners, the two companies announced on Friday.
OMERS Private Equity...
Panic Saturday sees a deluge of shoppers cramming into British shops
Thirteen million shoppers across the UK are expected to flood into stores for their eleventh-hour Panic Saturday, which falls on the last weekend before...
Ex-RBS trader arrested on suspicion of forex manipulation
An ex-Royal Bank of Scotland (RBS) trader was arrested in Billericay in Essex on Friday on suspicion of manipulating currency markets.
A spokesperson for the...
Blackberry working with Boeing on its Black Smartphone
Blackberry Ltd is working with Boeing Co on the aerospace and defense contractor’s Android-based smartphone that can self-destruct if tampered with.
The Boeing Black phone...