Business

Contaminated “hot spots” in the seabed around the Esquimalt Graving Dock are 10 to 20 times higher than today’s standards allow.

7-Up with antioxidants will soon be off the market after an advocacy group accused the drink maker of making misleading health claims. Dr Pepper Snapple Group says its 7-Up varieties that tout antioxidants will be off the market by early 2013.

CML HealthCare Inc stock declined more than 15 per cent in heavy trading after its third-quarter earnings showed a big drop in its cash balance, even as net profit improved. Shares of the diagnostic health services provider closed down 15.

Key sales figure falls for first time in a decade

Groupon Inc., the No. 1 online deals service, failed to show investors its business is growing as quickly as they would like, as it was hurt by what it called "continued challenges" from the economic weakness in Europe.

The Toronto stock market closed lower Thursday, adding to the losses of the previous session as traders weighed the odds of the U.S. steering clear of a so-called fiscal cliff by the end of the year. The S&P/TSX composite index was down 39.

Research In Motion has won U.S. security clearance for devices based on its yet-to-be launched BlackBerry 10 platform. The Waterloo, Ont.

Record hail damage to crops this year in Alberta has prompted the provincial government to declare the losses a disaster, with a Crown corporation paying out $451 million to farmers.

Patent nixed, cheaper version available soon

A research firm says Samsung's Galaxy S3 overtook Apple's iPhone 4S as the world's bestselling smartphone for the first time in the third quarter. Boston-based Strategy Analytics said Thursday the S3 shipped 18 million units in the third quarter.