European Extremely Large Telescope receives approval for construction
The European Extremely Large Telescope (E-ELT) is now under construction. The observatory will be managed by the European Southern Observatory (ESO) and will be...
Dish Network subscribers lose CBS coverage
Millions of Dish Network customers in the US did not have access to CBS on Friday because the provider did not manage to negotiate...
US consumers increased borrowing in October, says Fed
US consumers increased their borrowing in October, but at a slightly slower rate than in September as credit card use declined.
According to the Federal...
National Bank posts higher profit and hikes dividend
National Bank of Canada (NA.TO) reported a 14 percent increase in adjusted quarterly profit to $330 million (91 Canadian cents per share), up three...
There is a ‘huge’ pay gap between men and women in Europe
According to the International Labour Organization, women in Europe are paid substantially less than men even if they are better educated or work better.
In...
Dow and S&P 500 closed at record highs on Friday
American markets closed at record highs on Friday, representing the seventh consecutive week of gains.
The Dow Jones Industrial Average and the S&P 500 both...
US hiring at strongest level since 1999
American hiring surged in November marking 2014 as the healthiest year for job growth since 1999.
With 321,000 new jobs the US is now showing...
Canada unemployment up in November to 6.6%
Canada’s unemployment rate rose by 0.1 of a percentage point to 6.6% in November. After two months of steep gains, employment remained virtually the...
Canada’s trade surplus narrowed sharply in October to $99m
Canada’s trade surplus with the world narrowed sharply in October to $99 million from $307 million in September. Imports rose by 0.5% to $44.8...
Scotiabank posts 14% lower profit in 4th quarter due to job cut charges
Bank of Nova Scotia, commonly known as Scotiabank, posted a 14% lower fourth quarter profit, caused by workforce reduction costs and branch closures. Net...