thestar.com - Business

Stories from thestar.com and the Toronto Star, the largest daily newspaper in Canada.

Shut banks that threaten financial system, U.S. Fed chief says

Thu, 02 Sep 2010 10:11:00 -0400

U.S. Federal Reserve chairman Ben Bernanke told a panel investigating the financial crisis that regulators must be ready to shutter the largest institutions if they threaten to bring down the financial system.

Travel insurance: 10 thing you need to know

Thu, 02 Sep 2010 07:58:00 -0400

Long before you board your plane, train or automobile make sure you have travel insurance.

TSX gets lift from mining, bank stocks

Thu, 02 Sep 2010 12:49:00 -0400

The Toronto stock market was higher Thursday as further signs of U.S. economic growth helped lift commodity prices while bank stocks ran ahead even as TD Bank delivered quarterly earnings that narrowly missed expectations.

With $1-billion windfall, Stronach plunges into new ventures

Wed, 01 Sep 2010 22:47:00 -0400

When Frank Stronach touched down aboard a corporate jet in Vienna near Magna International’s European headquarters on Wednesday night, his mind wasn’t much on clinching a $1-billion payoff from the company.

TD Bank profit up 29 per cent

Thu, 02 Sep 2010 09:13:00 -0400

TD Bank says its profits grew 29 per cent in the third quarter to $1.18 billion, narrowly missing expectations.

Auto sales slow to a crawl

Wed, 01 Sep 2010 18:40:00 -0400

Canada’s auto market has slowed down considerably after showing earlier signs of pulling out of the recession strongly.

Dell walks away after HP raises bid for storage company 3Par to $2.1B

Thu, 02 Sep 2010 10:43:00 -0400

Dell is walking away from a bidding contest with rival Hewlett-Packard for data-storage maker 3Par.

Ferrari recalling more than 1,000 supercars

Thu, 02 Sep 2010 08:10:00 -0400

Ferrari says it is recalling 1,248 of its 458 Italia supercars after reports of fires breaking out in five of the luxury vehicles in several countries.

Travel insurance: 10 thing you need to know

Thu, 02 Sep 2010 08:35:00 -0400

Long before you board your plane, train or automobile make sure you have travel insurance.

Facebook CEO: Keep my private life out of lawsuit

Thu, 02 Sep 2010 12:51:00 -0400

Mark Zuckerberg says a lawsuit by a man who claims to own a huge chunk of Facebook is seeking to uncover unnecessary details about his private life to harass him.