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Big Rona shareholder supports Lowe's takeover

Invesco Canada, one of the largest shareholders of Rona Inc., confirmed on Wednesday that it's backing a $1.76-billion bid by U.S.-based Lowe's for Canada's largest home-improvement retailer.

Talisman earnings fall on weak prices

Talisman Energy is reporting a sharp fall in its second-quarter profit and revenue due to weaker commodity prices and higher operating costs.

WestJet promises leg room - for some

WestJet passengers willing to pay more for extra leg room will be able to fly "premium economy" in four rows - but some nonpremium customers might notice a little less space in the other seats.

Microsoft retools Hotmail

Microsoft Corp. unveiled a revamped, Facebook-friendly version of its free, online email service in an attempt to reverse market share losses to Google Inc.'s fastgrowing Gmail.

Lenders oppose Yellow's plan

Yellow Media Inc. has been advised that its lenders do not support the Montreal directories publisher's plan to cut its $1.8-billion debt and want it withdrawn.

Big unions propose merger

Growing weariness in Canada's labour movement coupled with the federal government's "assault on labour rights" have made it necessary for two of the country's largest private sector unions to merge, the key players said Wednesday.

Google delays Nexus Q device

Google says it is delaying the Nexus Q, a home entertainment device that was supposed to come out in July. To make up for the delay, Google is sending the gadget free to everyone who pre-ordered it.

Fed's stand pat move sends TSX lower

North American markets finished lower on Wednesday after the U.S. Federal Reserve opted not to take any moves to stimulate the struggling economy. The S&P/TSX composite index was off 46.18 points to 11,618.53 and the TSX Venture Exchange gained 6.
PM pardons renegade farmers

PM pardons renegade farmers

Harper marks end of grain-selling monopoly in Saskatchewan field

Real estate sales take tumble in July

With families heading for the lakes or on summer road trips, real estate activity took its annual nose dive in July with total sales activity falling more than 21 per cent compared with June.