The Toronto stock market racked up a solid, triple-digit advance for a third day Thursday as investors continued to pick over stocks crushed during the course of a severe sell-off sparked by falling oil prices.
A U.S. court has approved a settlement deal that would make Nortel Networks' American bondholders eligible to receive about US$1 billion in interest that has accrued since the company filed for court protection in 2009.
The federal government has announced new details about its plans to auction off wireless spectrum as it attempts to entice new mobile carriers to enter the market and bring down prices for cellular phone users.
Apple chief executive Tim Cook, the first openly gay CEO of a Fortune 1,000 company, is donating money to help fund a gay rights initiative in his native Alabama and two other Southern states, organizers said Thursday.
The rise in online shopping may have raised concerns for retail property owners, but the chief executive at First Capital Realty says he doesn't foresee the day brick-and-mortar shops vanish from cities.