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Business

Bank fined $2 million for Facebook leak

The top securities regulator in Massachusetts has fined Citigroup $2 million, charging an analyst leaked confidential information about Face-book's initial public offering. Citi agreed to the settlement without admitting or denying wrongdoing.

Federal budget shortfall increases

The federal government says its budget shortfall in August was $3.2 billion, slightly bigger than the $3.1 billion deficit during the same month a year ago. But the federal government remains ahead of last year's deficit reduction efforts.

Toyota passes GM in global sales lead

Toyota has widened its global sales lead over General Motors after bouncing back from a series of natural disasters. The company said Friday it sold 7.4 million vehicles globally in the first nine months of this year - 450,000 more than GM.
Passports get security makeover

Passports get security makeover

Computer chips, longer terms increase cost of travel document

Sports

Royals battle Giants in Vancouver >B8

Strong U.S. growth fails to excite TSX

The Toronto stock market closed slightly higher as markets failed to find lift from data showing U.S. economic growth in the third quarter was stronger than expected, while results from Apple Inc. cast a shadow.

Tech park opens space to startups

In a bid to diversify the mix, grow technology companies and accommodate requests, the University of Victoria's Vancouver Island Technology Park has quietly established a new home for small start-up companies.

Samsung shares dip despite record Q3 profit

Strong sales of Galaxy phones propelled Samsung's quarterly profit to a record high, but its shares dropped Friday on the prospect its growth will slow in an increasingly crowded smartphone market.

Biodiesel plant cuts workers

Biox Corp. is temporarily stopping production of biodiesel at its Hamilton plant and cutting 17 jobs due to weakness in the U.S. market. The company will monitor conditions to determine when to resume production.

Paper business drags Domtar

Strength in Domtar Corp.