Red Carpet Wrap: Kristen Stewart, Jessica Alba and more

A server pours a cup of coffee at the Tim Hortons' AGM in Toronto on Thursday, May 10, 2012. (Chris Young / THE CANADIAN PRESS)

U.S. hedge fund increases its Tim Hortons ownership stake to 5.5%

A New-York based hedge fund is putting pressure on Tim Hortons Inc. (TSX:THI) to make changes to boost profitability just months after the restaurant chain saw similar requests from another U.S. investor. 5

A model poses with a Cadillac XTS displayed at the Shanghai International Automobile Industry Exhibition (AUTO Shanghai) in Shanghai, China Sunday, April 21, 2013. (AP Photo/Eugene Hoshiko)

GM starts work on China Cadillac plant as luxury vehicle sales growth slows

General Motors Co. executives broke ground for a new Cadillac factory in China on Wednesday to target luxury buyers in the world's biggest auto market, though they said the segment would grow slower than expected this year.

Cattle look out from their pen on a feedlot near Airdrie, Alta., on Wednesday, Jan. 12, 2005. (Jeff McIntosh / The Canadian Press)

EU slams Canada for holding up free-trade negotiations

Canada has publicly been called on the carpet by the European Union for holding up free-trade talks. EU trade spokesman John Clancy took the unusual step Tuesday of criticizing Canada as the G8 summit in Northern Ireland came to a close. 23 1

The We-Vibe 3 vibrator is shown in a handout photo. The U.S. International Trade Commission has upheld a Canadian company's patent for its couples vibrator, banning the import, sale and marketing of all infringing products in the United States. (THE CANADIAN PRESS)

Canadian company's patent for couples vibrator upheld

The U.S. International Trade Commission has upheld a Canadian company's patent for its couples vibrator, banning the import, sale and marketing of all infringing products in the United States. 2

Premier Darrell Dexter, left, looks on as Natural Resources Minister Joe Oliver heads to the podium at a news conference at the Maritime Museum of the Atlantic in Halifax on Tuesday, June 18, 2013. (Andrew Vaughan / THE CANADIAN PRESS)

Ottawa raising offshore liability cap to $1B in Arctic, Atlantic waters

The Canadian government is planning to introduce new rules to make drilling and production companies more accountable in the event of offshore spills. 12 1

British Prime Minister David Cameron speaks during a media conference at the G8 summit at the Lough Erne golf resort in Enniskillen, Northern Ireland, on Tuesday, June 18, 2013. (AP / Matt Cardy)

Cameron: G8 tax evasion declaration is step toward corporate transparency

World leaders at the G8 summit declared Tuesday that governments must work together to close loopholes that allow multinational corporate giants to avoid paying taxes in their home countries. 9

Mountain Equipment Co-op unveils new logo in attempt to shed granola image

National outdoor retailer Mountain Equipment Co-Op is shedding its image of being a store just for the granola-eating, sandal-wearing, mountaineering-type. 31

A man walks past the Hudson's Bay Company sign in downtown Toronto on Wednesday, Feb. 4, 2009. (Nathan Denette / THE CANADIAN PRESS)

Hudson's Bay Company names Bonnie Brooks as vice-chair

After five years, Bonnie Brooks is handing over the reins of the Hudson's Bay Co. to become vice-chair at the country's biggest department store. 2

TSX advances as traders keep watch for signal from U.S. Fed

The Toronto stock market was higher Tuesday as traders hope a two-day meeting of the U.S. Federal Reserve will yield some guidance on the future of the central bank's stimulus measures.

A Global 6000 aircraft by Bombardier is shown in this photo released on Tuesday Nov. 27, 2012. Bombardier has made the biggest sale of business aircraft in its history with a deal to provide up to 142 Global aircraft to a private European luxury charter company in a transaction potentially worth up to US$7.8 billion. THE CANADIAN PRESS/HO

Bombardier business jets account for most of US$1.9B orders at Paris Air Show

Bombardier's business jets dominated the aircraft orders announced Tuesday by the Montreal-based company on the second day of the Paris Air Show, accounting for most of the nearly US$2 billion worth of activity if all options are exercised.

Canadian companies are refusing to hire smokers

Canadian businesses not doing enough to help workers quit smoking: report

While many Canadian businesses say they’re committed to their employees’ health, a new report from the Conference Board of Canada finds that many are not doing enough to help workers quit smoking. 37