Magna Entertainment News

Ms. Stronach, her father Frank , chair of board for auto-parts giant Magna International, and Liberal Senator Joyce Fairbairn were the honorary chairs of the event.

A major market shift to battery-powered cars is going to depend heavily on the industry's ability to make lighter vehicle components, says the head of Canada's largest auto parts maker.

Joseph De Francis, former owner of Laurel Park, and Baltimore development firm the Cordish Cos., which was granted a slots license Dec.

Leonard Asper, 45, CEO, CanWest Global Communications Corp. Placed CanWest and some of its divisions into creditor protection when the company was no longer able to make payments on its $4 billion debt.

Despite comments by a prominent horsemen to the contrary, TrackNet Media Group President Scott Daruty said Magna Entertainment Corp.

The former owner of Maryland's major thoroughbred racetracks wants to buy back Pimlico Race Course and Laurel Park to help restore the state's racing industry.

Gulfstream Park and Forest City Enterprises on Dec. 9 announced details for their scheduled Feb.

Before this week, we thought the County Council's procrastination on slot machine legislation had already reached absurd proportions - the council has been dithering over this for nine months.

By Thomas Watson Thomas Watson is a senior writer with Canadian Business . Prior to joining the magazine, he was a financial journalist and feature writer at the National Post , where he focused on the technology, auto and steel industries.

GREG KEENAN Published on Friday, Nov. 20, 2009 12:00AM EST Last updated on Friday, Nov.

A judge has approved the sale of a 257-acre site in Dixon to a partnership controlled by horse racing executive Frank Stornach.

With all the buzz this week about Magna Entertainment Corp.'s stalking horse bid , we in the newsroom started wondering where in the heck the term "stalking horse" came from.

The former owner of Pimlico Race Course and Laurel Park is fighting to keep intact a profit-sharing agreement that would split any potential slots proceeds with the racetracks' bankrupt owner, Magna Entertainment Corp.

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The Music and Drama Boosters of Murray Hill Middle School are sponsoring More than Baskets Bingo fundraiser Thursday, Nov.

Morning Business Briefing Germany seethes, Asia roars, gold sets fresh records World of Warcraft Plus, Jim Rogers says there's no asset bubble.

Magna International Inc., the auto- parts supplier that tried to buy a majority stake in General Motors Co.a s Opel unit, rose the most in seven months in Toronto after reporting an unexpected third-quarter profit.

German Opel employees demonstrate outside the company's headquarters in Ruesselsheim.

Magna International Inc. says it won't pursue any more automakers after losing its bid with a partner to buy a majority stake in General Motors' European subsidiary.

Tuesday's top business stories Buffett bets on U.S. recovery with takeover of big railway Galactic Suite Ltd Plus, GM kills Magna's Opel deal.