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Stocks are closing higher for the third day in a row on hopes that European leaders are moving closer to a plan to contain that region’s debt crisis.
Germany’s chancellor Angela Merkel said her country would do whatever it could to help Greece. Greece’s finance minister also said that country would receive the next round of […]

ST. LOUIS - The first international cargo flight from China landed at Lambert International Airport today.
The China cargo Boeing 777 landed at 3:50 p.m. Local leaders said they hoped it would be the first of many cargo flights from China at the airport.
Helping attract a cargo hub at Lambert is one of the issues being […]

Dan Chan, with a B-plus average and only a few volunteering credentials, wasn’t optimistic when he applied for a $20,000 scholarship at Ryerson University. But he took the time to fill out a submission, highlighting his achievements, and received one of the awards for the 2010 year.
Nobody was more surprised than the recent MBA graduate, […]

The head of the International Monetary Fund called Thursday for bold and collective action to combat a slowing global economy and a worsening European debt crisis.
IMF Managing Director Christine Lagarde also said she welcomed President Barack Obama’s U.S. job-creation plan in light of the unemployment crisis in the United States.
Lagarde will preside at her first […]

Stocks advanced for the second day running Thursday amid hopes that global policymakers will enact more measures to shore up ailing economic growth.
While both the Bank of England and the European Central Bank are set to keep their respective interest rates unchanged, President Barack Obama is expected to announce measures to boost jobs creation in […]

As parents pack up their kids to go off to university or college, some may wonder with borrowing costs near historic lows, if it makes more sense to buy rather than rent. For example, over four years, a bachelor apartment near the University of Toronto will cost about $36,000.

Staying in residence is also expensive […]

China’s environmental regulators say they plan to crack down on dumping and improper storage of hazardous materials, with special attention to heavy metals and electronic waste.
Ministry of Environmental Protection deputy director Zhang Lijun said in comments released Friday that the government also would halt reviews of any new industrial projects in Qujing, a city in […]

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Beijing on Friday confirmed a decision that prevents the Democratic Republic of Congo from being sued in Hong Kong courts in a case that raised issues about the Chinese territory’s autonomy.
The Standing Committee of China’s rubberstamp legislature, the National People’s Congress, says Hong Kong, like mainland China, is covered by absolute immunity _ meaning governments […]

Losses on the Toronto Stock Exchange accelerated into the triple digits Friday afternoon as investors fretted about whether the U.S. and global economies are headed for another recession that could punish corporate earnings and sap consumer confidence.
The S&P/TSX composite index lost 151.8 points to 12,034.9 a day after posting a three per cent decline. The […]