Financial Service News

Nigel Wright has resigned as Prime Minister Stephen Harper's chief of staff, following revelations he wrote a $90,000 cheque to repay improperly claimed housing expenses for Senator Mike Duffy.

But because of about $28,000 in student loans, which she's paid down to about $17,000, the 2010 Xavier University graduate will continue living paycheck to paycheck.

's stock had its "buy" rating reiterated by equities research analysts at Societe Generale in a research note issued to investors on Monday, Analyst Ratings Network reports.

Edward Bogosian, 82, longtime owner of the Camera Shop of Bryn Mawr, died Saturday, May 11, of bone cancer at his home in Villanova.

No doubt WesBanco Arena Executive Director Dennis Magruder has heard an enormous number of ideas for improving the downtown Wheeling facility.

Just as the hottest TV hit "Scandal" ended its season, and the Obama administration deals with a trifecta of scandals , the Fairmont Washington , D.C. Hotel revealed its Scandal Package May 17.

The Ontario Securities Commission quashed a poison-pill takeover defence by Thirdcoast The Ontario Securities Commission quashed a poison-pill takeover defence by Thirdcoast A former BMO Nesbitt Burns Inc.

Transocean Ltd. shareholders voted in favor of one of billionaire investor Carl Icahn 's three board nominees, while rejecting his dividend plan in favor of a lower payout supported by the company.

A man walks past a sign welcoming Facebook to the NASDAQ Marketsite in New York May 18, 2012.

The amount of dollar-denominated bonds issued by companies in Asia is growing almost 10 times faster than the global corporate debt market , raising concern that investors are lowering their standards as they seek to take advantage of the region's relatively high yields.

SAN JOSE, Calif. - The Canadian government has launched an aggressive campaign to lure Silicon Valley tech workers frustrated by U.S. visa policies northward, just as Congress wrestles with a long-sought overhaul of America's immigration system.

Chris Hall is the CBC's National Affairs Editor, based in the Parliamentary Bureau in Ottawa.

The U.S. Federal Reserve Board said it has told Bank of Montreal to step up efforts to detect and prevent money laundering at the Canadian bank's Chicago branch.

Asian stock markets were mixed in holiday-thinned trading Friday as investors digested a slew of disappointing economic data and corporate results from the U.S. Applications for unemployment benefits jumped to their highest level in six weeks, the U.S. Labor Department reported Thursday, while manufacturing slowed in the mid-Atlantic region.

Two are being closed in Maryland, both in the Annapolis area, the Baltimore Business Journal reported .

The firm currently has an "outperform" rating on the stock. Other equities research analysts have also recently issued reports about the stock.

The legacy of J.C. Penney's former CEO continues to cast a dark cloud over the department-store chain.

Vikram Pandit, who resigned from Citi last October, will also become non-executive chairman of JM Financial's banking arm if it succeeds in getting a banking licence, the company said.

Commerce Bank's parent company, Commerce Bancshares Inc., announced Wednesday that it is buying Tulsa-based Summit Bancshares for $40.6 million in Commerce stock.

VERSAILLES, Ind. - The teenager involved in a Ripley County crash that led to three high school students' deaths is scheduled to appear in court for a Thursday morning hearing.