Business

Twinkies won't die that easily after all. Hostess Brands Inc. and its second-largest union will go into mediation to try and resolve their differences, meaning the company won't go out of business just yet.

Australia's parliament on Monday passed laws to ban the import and trade of illegally logged timber, joining the United States and European Union in clamping down on a global trade in stolen timber that Interpol says is worth about $30 billion a year

North American stock markets were in rally mode Monday as traders feel that cool heads will prevail and American politicians can come together to agree on a budget deal by the end of next month. Without such a deal, the U.S.

Island Savings to open branch; HSBC pulls plug after 25 years

'Tis the season for generosity - and for scams. The Better Business Bureau of Vancouver Island issued a warning Monday that trends in holiday giving are leading to unethical requests for donations from illegitimate charitable canvassers.

BCE Inc. expects that its new proposal to buy Astral Media will address the federal regulator's concern about the telecom giant dominating the television market.

The Quebec government has announced a new lease on life for the Davie shipyard, which has been fighting for survival for years.

Canada's oldest company, Hudson's Bay Co., plans to raise $365 million in its initial public offering, according to prospectus documents filed Monday. The owner of the Bay, Home Outfitters and U.S.

The Ensuite Bath and Kitchen Showroom at 206-3400 Douglas St., across from Uptown shopping centre, has added Christine Leger and Neil Snow as showroom consultants and Ben Carnegie in charge of business development.

John Juricic, owner of Harbour Digital Media, has been named the executive director of the Sidney-North Saanich Industrial Group, a cluster of 12 businesses whose interests include transportation, affordable housing, staff training and marketing.