Business

The Comox Valley Airport Commission has appointed Frank van Gisbergen and Susan Toresdahl to its board of directors.

Facebook is launching a new service called Gifts which, as its name suggests, lets users send chocolate, coffee, socks and other real-life presents to one another. Facebook Gifts was available Thursday to a subset of users in the U.S.

The Toronto Stock Exchange posted a triple-digit rebound as gold hit a sevenmonth high after two of the most indebted European countries outlined new austerity measures. The S&P/TSX composite index added 105.99 points to 12,338.85.

The Canadian Auto Workers union says the new collective agreements it has negotiated with the three big U.S. automakers will protect workers by improving the competitiveness of the Canadian manufacturing operations.

Amazon.com Inc. is launching a new business offering loans to some of its online sellers, a move that could boost the growth of its Internet marketplace while exposing it to potential credit risks.

Communications company Cogeco Inc. plans to open a data centre in Montreal, an investment that could reach $100 million over 10 years.

Rising feed costs forcing farmers to sell off herds

Clark wants to meet with Alberta premier

Two more major American banks, U.S. Bank and PNC, reported problems with customer websites Wednesday after a financial services security group warned about possible cyberattacks. U.S.

Financial gains limited, but it may help trade