HOUSTON – Prices for mansions in Houston’s swankiest neighbourhood have tumbled in lock step with crude prices. The Houston Opera has offered free season tickets to patrons who lost their jobs in the oil bust. An expensive restaurant offers cut-price dinners. There’s somewhere OPEC can’t broker an oil deal: The fracking heartland of Texas Saudi Arabia and Russia took the ...

Nearly 4 years after the auditor general found serious too little the way the federal government supports the aerospace sector, important questions remain unanswered as Ottawa weighs Bombardier’s request another US$1 billion in support. Bombardier's biggest CSeries customer, Republic Airways, files for bankruptcy protection Republic Airways asserted it’s filed for Chapter 11 bankruptcy protection, citing a nationwide pilot shortage which ...

TORONTO/MONTREAL – Dream Office Investment Trust is working with TD Bank and CBRE to sell 1 / 2 of its stake in Toronto’s Scotia Plaza, Canada’s second tallest business building, based on two sources familiar with the matter. The potential sale comes about 4 years after Dream Office REIT, then called Dundee REIT, acquired two-thirds from the Two million square-foot ...

WASHINGTON – U.S. economic growth slowed in the fourth quarter, but not as sharply as initially thought, with businesses less aggressive in their efforts to reduce unwanted inventory, which could hurt output within the first 3 months of 2016. Gross domestic product increased at a 1.0 percent annual rate rather than the previously reported 0.7 per cent pace, the Commerce ...

Northair and Kootenay Combining to Create Mexican Silver Consolidator Northair Silver Corp (TSXV.INM) has a NI43-101 compliant silver resource at its La Cigarra project in Chihuaua State, Mexico; only 20 kilometers from two large producing mines which have been mining silver for hundreds of years. The organization also has 2 million dollars in its treasury and it is President & ...

OMAHA, Neb. – The United States’ economy is within better shape compared to presidential candidates allow it to be seem, investor Warren Buffett said Saturday, despite the fact that businesses like his still face challenges. In his annual letter to Berkshire Hathaway shareholders, Buffett didn’t name specific candidates or issues, but noted that the negative drumbeat concerning the economy, healthcare reform ...

The Liberal government’s case for additional spending may get a lift if fourth quarter GDP comes in worse than expected on Tuesday. Canada still lagging behind U.S. growth, and also at this time, we’re nowhere near to catching up Divergence in United states economies shows little manifestation of narrowing. While the U.S. economy performed better than expected within the final ...

The motives fuelling a minority shareholder’s make an effort to thwart Corus’s $2.65 billion purchase of Shaw Media were called into question Friday, as Catalyst Capital Group Inc. aired its concerns about the proposed sale on the conference call with investors and analysts. Catalyst, a personal equity firm with US$6 billion in assets that are experts in distressed situations, said ...