Business

The National Retail Federation in the U.S. is opposing a proposed $7.25 billion settlement that Visa, MasterCard and major banks have agreed to pay retailers for alleged fee fixing.

Morgan Stan-ley and Citigroup have settled a dispute over the value of their jointly owned brokerage firm Morgan Stanley Smith Barney, clearing the way for Morgan Stanley to buy Citigroup's 49 per cent interest in the broker and take full ownership.

Ramadan shift boost sales in Middle East

Finance Minister Mike de Jong says British Columbia's year-old Jobs Plan is doing what it was supposed to do - create jobs and attract investment. De Jong says B.C.

The digital production company founded by director James Cameron said it filed for Chapter 11 bankruptcy protection and reached a deal to sell its operating business to a private investment firm for $15 million.

The Toronto stock market closed little changed Tuesday amid hopes that the Chinese government and U.S. central bank will move to launch stimulus measures to boost their slowing economies. The S&P/TSX composite index edged up 5.02 points to 12,220.

Facebook CEO Mark Zuckerberg hasn't enjoyed watching his company's stock price plunge this summer, but he is relishing the opportunity to prove his critics on Wall Street wrong.

China's premier has promised more tax cuts and measures to boost consumer spending as the government tries to reverse a worsening economic slowdown.

Federal Natural Resources Minister Joe Oliver says he hasn't heard anything in proposals for a national energy strategy that isn't being dealt with already.

Fully booked for Nov.15; other areas open in October