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<rss version="2.0"><channel><title>Business</title><link>http://www.canadaeast.com</link><description>FOR PERSONAL USE ONLY</description><language>en-US</language><lastBuildDate>Thu, 05 Jan 2012 13:01:01 -0400</lastBuildDate><copyright>Copyright: (C) CanadaEast.com http://www.canadaeast.com/onsite.php?page=copyright</copyright><docs>http://www.rssboard.org/rss-specification</docs><ttl>2880</ttl><image><url>http://www.canadaeast.com</url><link>http://www.canadaeast.com</link></image><item><title>Ford beats GM for Canadian auto sales crown</title><link>http://www.canadaeast.com/rss/article/1468681</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/65bc1aca1cdbe2cf3ef0ef5be4cd09b5</guid><pubDate>Thu, 05 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Ford Motor Co of Canada (F.N) was Canada&#039;s top-selling automaker in 2011 for the second consecutive year, boosted by sales of its popular F-Series pickup truck.]]></description></item><item><title>Atlantic companies sailed through storms of 2011</title><link>http://www.canadaeast.com/rss/article/1468686</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/a92a91eb5b078f99a97bcf6f4b7e09c1</guid><pubDate>Thu, 05 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Despite a rocky global economy in 2011, Atlantic Canadian companies pulled out of the year in fairly good shape compared to the broader market, according to the Atlantic Canadian Index released by Beacon Securities.]]></description></item><item><title>Loonie cuts both ways</title><link>http://www.canadaeast.com/rss/article/1468720</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/6dff49f18bc32feca0f41a9a9afac983</guid><pubDate>Thu, 05 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Canadians have complained loudly in recent years about paying more for things at home than in the United States despite a loonie that has been close to, or even higher than, parity with the U.S dollar.]]></description></item><item><title>New software lets Xplornet improve streaming</title><link>http://www.canadaeast.com/rss/article/1468732</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/ed60d7cd053e89e0a387e2f0ce6b3e01</guid><pubDate>Thu, 05 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[With the use of a new software tool, Xplornet Communications plans to improve video streaming for customers who use applications like Netflix, Apple TV and YouTube.]]></description></item><item><title>Housing up in Moncton, Fredericton</title><link>http://www.canadaeast.com/rss/article/1468735</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/869c7947edef48ee2aec6003aa40224c</guid><pubDate>Thu, 05 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[The New Brunswick housing market remained relatively stable in 2011, with modest growth in Moncton and Fredericton overall for the year.]]></description></item><item><title>Auto sales revving up in 2012</title><link>http://www.canadaeast.com/rss/article/1468784</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/e5b03ff3f4fbb91ef2dcd0ccc0e708d5</guid><pubDate>Thu, 05 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[ General Motors, Ford Motor Co., and Chrysler announced double-digit sales gains for the year, adding to confirmation 2011 was a year of recovery for the U.S. auto market.]]></description></item><item><title>In the markets</title><link>http://www.canadaeast.com/rss/article/1468789</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/298db00a65476e792412828d17ade718</guid><pubDate>Thu, 05 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[In the markets]]></description></item><item><title>Business digest</title><link>http://www.canadaeast.com/rss/article/1468798</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/68f79e48534edc9140139ed67d09b29b</guid><pubDate>Thu, 05 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Sudan will impose monthly fees on crude oil flowing from the newly-independent south until the two nations reach an agreement on transport payments, Sudan&#039;s President Omar al-Bashir said Wednesday, in a hardening of Sudan&#039;s position.]]></description></item><item><title>Xplornet upgrades video streaming</title><link>http://www.canadaeast.com/rss/article/1468814</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/64456719ca8f7cf4f5f60918fc33548b</guid><pubDate>Thu, 05 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[With the use of a new software tool, Xplornet Communications plans to improve video-streaming for customers who use applications such as Netflix, Apple TV and YouTube.]]></description></item><item><title>Lululemon stock rises</title><link>http://www.canadaeast.com/rss/article/1468822</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/e38669ba9b10e76aea6a576da58dbd76</guid><pubDate>Thu, 05 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Shares of yogawear retailer Lululemon Athletica Inc. rose nearly nine per cent on Wednesday after Goldman Sachs added the stock to its conviction-buy list.]]></description></item><item><title>Kodak might file for bankruptcy protection</title><link>http://www.canadaeast.com/rss/article/1468823</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/8ed7ce43353f6fdd76b8f7ea560dd176</guid><pubDate>Thu, 05 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Eastman Kodak is preparing a Chapter 11 bankruptcy protection filing in case it is unable to sell its digital patents to raise capital, The Wall Street Journal reported Wednesday.]]></description></item><item><title>European Central Bank expected to cut rates</title><link>http://www.canadaeast.com/rss/article/1468676</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/2fccf0192089244ef8e001a2b9bf28d1</guid><pubDate>Thu, 05 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Euro zone inflation dropped below 3 per cent for the first time in three months in December, kicking off a slowdown economists expect will revive deflation fears and tempt the ECB to cut rates below 1 per cent for the first time in its history.]]></description></item><item><title>U.S. shale gas market booms</title><link>http://www.canadaeast.com/rss/article/1468705</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/b8f9c28fc79d2fefca0619221cc674a7</guid><pubDate>Thu, 05 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[China&#039;s Sinopec (600028.SS) and France&#039;s Total SA (TOTF.PA) made major purchases in the U.S. energy sector on Tuesday, pouring US$4.5 billion into deals to buy into booming production from shale rock formations.]]></description></item><item><title>Boeing closing plant</title><link>http://www.canadaeast.com/rss/article/1468683</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/47cc146f82a4331e281414516b4063f9</guid><pubDate>Thu, 05 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Boeing Co (BA.N) said it would close its Defense, Space &amp; Security facility that employs more than 2,160 workers in Wichita by the end of 2013 as part of a move to cut costs amid a tightening U.S. defence budget.]]></description></item><item><title>Market gains  continue</title><link>http://www.canadaeast.com/rss/article/1468685</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/67a9a66bb9f2797d3b438e742fbe5dd0</guid><pubDate>Thu, 05 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Canadian stocks on Wednesday clawed their way to a second day of gains in the New Year, as rising U.S. auto and retail sales offset lower-than-expected factory orders and concerns over European bank financing.]]></description></item><item><title>Yahoo nabs PayPal's president as new CEO</title><link>http://www.canadaeast.com/rss/article/1468708</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/47a20b1a998d535d8f9ba47ec22eb568</guid><pubDate>Thu, 05 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Yahoo (YHOO.O) named PayPal President Scott Thompson as its chief executive on Wednesday, hoping the well-regarded Internet technology and e-commerce expert will replicate his success at eBay Inc (EBAY.0) and turn around the struggling company.]]></description></item><item><title>Founders to leave RIM board?</title><link>http://www.canadaeast.com/rss/article/1468449</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/300c058520a908213a8fd5a640430665</guid><pubDate>Wed, 04 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Under intense pressure from a group of shareholders, Research In Motion Ltd. is preparing to unveil a corporate shakeup at the beleaguered BlackBerry maker that could see co-founders Mike Lazaridis and Jim Balsillie relinquish their titles as co-chairmen of the board, according to sources.]]></description></item><item><title>Breath analyzer can detect diabetes and kidney failure</title><link>http://www.canadaeast.com/rss/article/1468465</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/cfe7d015a4d81182aa7522675caa6baa</guid><pubDate>Wed, 04 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[John Cormier is quite certain his medical equipment will help shape health care for the better.]]></description></item><item><title>Happy new year for Canadian markets</title><link>http://www.canadaeast.com/rss/article/1468468</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/3fc6bf09872b08ca3767519557914dea</guid><pubDate>Wed, 04 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[The new year started off with a bang on North American equity markets, which posted strong gains on Tuesday following so-so showings in the last few weeks of December.]]></description></item><item><title>N.B. needs foreign investment</title><link>http://www.canadaeast.com/rss/article/1468496</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/457a71c554ca2918027717f7fa21fcfb</guid><pubDate>Wed, 04 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[In recent weeks I have been writing in this column about the critical need for a private-sector-led growth model to drive the New Brunswick economy over the next decade.]]></description></item><item><title>Caterpillar locks out  450 CAW workers</title><link>http://www.canadaeast.com/rss/article/1468513</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/ceaa6abc1007de5d4028984647de1ef5</guid><pubDate>Wed, 04 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Caterpillar Inc&#039;s Electro-Motive unit has decided to lock out locomotive manufacturing workers in London, Ontario, after finding out the Canadian Auto Workers told members not to strike following the breakdown of contract negotiations.]]></description></item><item><title>RIM leaning toward new chairman - report</title><link>http://www.canadaeast.com/rss/article/1468514</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/5b6ba45fcf57fdc4f7ebde76eeb8c92c</guid><pubDate>Wed, 04 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Under intense pressure from a group of shareholders, Research In Motion Ltd. is preparing to unveil a corporate shakeup at the beleaguered BlackBerry maker that could see co-founders Mike Lazaridis and Jim Balsillie relinquish their titles as co-chairmen of the board, according to sources.]]></description></item><item><title>Business digest</title><link>http://www.canadaeast.com/rss/article/1468521</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/c7e43f68682eaa1add5369837a03189e</guid><pubDate>Wed, 04 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Rio Tinto Alcan is prepared to operate its Alma alumina smelter in eastern Canada at one-third capacity for the duration of a union lockout that began on Jan. 1, a spokesman said Tuesday.]]></description></item><item><title>In the markets</title><link>http://www.canadaeast.com/rss/article/1468528</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/8d697e9f1ee1fa07e9f9c8adcf191eed</guid><pubDate>Wed, 04 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[In the markets]]></description></item><item><title>RBC says manufacturing  improved in December</title><link>http://www.canadaeast.com/rss/article/1468549</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/6cd3ae7c7068ae2c08dd098d11ed9bef</guid><pubDate>Wed, 04 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Manufacturing conditions improved in December as production and new orders both rose strongly, RBC&#039;s monthly Purchasing Managers Index showed Tuesday.]]></description></item><item><title>European debt crisis puts squeeze on IPO market</title><link>http://www.canadaeast.com/rss/article/1468450</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/9ee861a20516de1af020a3b41ef881be</guid><pubDate>Wed, 04 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Volatility in equity markets caused by the European debt crisis made life miserable for companies hoping to raise capital in 2011, driving the value of new Canadian stock issues to the third lowest level in the past decade, according to a report Tuesday from PricewaterhouseCoopers.]]></description></item><item><title>Canadian Pacific dismisses CEO replacement reports</title><link>http://www.canadaeast.com/rss/article/1468466</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/9e9ac60c218096ae63b894f0da6f7152</guid><pubDate>Wed, 04 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Canadian Pacific Railway Ltd.&#039;s board of directors denied Tuesday that its members had expressed enthusiasm for a plan to replace the railway&#039;s current chief executive, Fred Green, with Hunter Harrison, the former head of rival railroad Canadian National Railway Co. ]]></description></item><item><title>Top CEOs make average wage earners'  annual salary in half a day: report</title><link>http://www.canadaeast.com/rss/article/1468448</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/68c8ad376a4201298a4de156372ec288</guid><pubDate>Wed, 04 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Another day, another dollar? For Canada&#039;s top executives, it&#039;s more like another half-day, another $44,366.]]></description></item><item><title>Fed to publish rate path forecasts</title><link>http://www.canadaeast.com/rss/article/1468488</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/c8d0a88fd4f7df7881b8ac6674415a31</guid><pubDate>Wed, 04 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Federal Reserve officials will for the first time make public their own forecasts for the federal funds rate at their Jan. 24-25 meeting, according to minutes from last month&#039;s Federal Open Market Committee released Tuesday.]]></description></item><item><title>$7.6 trillion world debt</title><link>http://www.canadaeast.com/rss/article/1468491</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/ffcfa87c0cfd735430e6d8abb883d894</guid><pubDate>Wed, 04 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Governments of the world&#039;s leading economies have more than US$7.6 trillion of debt maturing this year, with most facing a rise in borrowing costs.]]></description></item><item><title>Reports of U.S. greenback's demise exaggerated</title><link>http://www.canadaeast.com/rss/article/1468494</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/5ac9bed0aa0fad56b256d5b68835bd2e</guid><pubDate>Wed, 04 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Moves by the United States Federal Reserve to flood the world with American dollars are doing little to dent the currency&#039;s value, bolstering the appeal of U.S. assets at a time when the government needs the support of foreign investors the most.]]></description></item><item><title>Sears names retail vet new merchandising chief</title><link>http://www.canadaeast.com/rss/article/1468495</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/69e5eee22400f764de54e437fa91f773</guid><pubDate>Wed, 04 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Sears Holdings Corp named former Brookstone Inc. chief executive Ron Boire as its chief merchandising officer as it tries to tackle criticism that it did not have enough executives with retail experience to turn around the struggling chain.]]></description></item><item><title>Slow growth expected in 2012</title><link>http://www.canadaeast.com/rss/article/1468279</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/e636eb7a97eecc5aa1a2d14f6cb789ce</guid><pubDate>Tue, 03 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Experts forecast restricted economic growth in most of the world in 2012 due to political waffling in Europe and the United States, but financial markets could pick up in the last half of the year.]]></description></item><item><title>Tough decisions: Which Promises to Keep?</title><link>http://www.canadaeast.com/rss/article/1468285</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/06b47bbb621968c78390e234455dfa97</guid><pubDate>Tue, 03 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Election campaigns in many ways are all about promises. Promises to reduce taxes, improve service delivery of health care and education, repave roads and fund economic development strategies are the cornerstones of political speeches calculated to win voter support. ]]></description></item><item><title>Mentorship finds  a means on website</title><link>http://www.canadaeast.com/rss/article/1468294</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/081d798f42bb90da67eee0c5a5c57d07</guid><pubDate>Tue, 03 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Dan Martell has a favourite expression that explains how entrepreneurs are nurtured and do great things. "It takes a village to raise an entrepreneur," he says.]]></description></item><item><title>21inc extends into Nova Scotia</title><link>http://www.canadaeast.com/rss/article/1468299</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/62330b466bd7c0834803e49f99102162</guid><pubDate>Tue, 03 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[A made-in-New Brunswick leadership program is expanding to Nova Scotia, part of a larger plan to cultivate young leaders across Atlantic Canada.]]></description></item><item><title>UPS says millions of items bought online will be returned</title><link>http://www.canadaeast.com/rss/article/1468316</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/e8e10e15b48a0283f3419943bdeb519f</guid><pubDate>Tue, 03 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[After the holiday party comes the hangover for retailers: handling millions of returns this week.]]></description></item><item><title>Experts calling for slow growth in 2012</title><link>http://www.canadaeast.com/rss/article/1468331</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/f5ffde85c9cc6fee597d2d87779a42b0</guid><pubDate>Tue, 03 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Experts forecast restricted economic growth in most of the world in 2012 due to political waffling in Europe and the United States, but financial markets could pick up in the last half of the year.]]></description></item><item><title>Business digest</title><link>http://www.canadaeast.com/rss/article/1468337</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/1bcd3d21ecdcb91bdc9d2c778d5dc7db</guid><pubDate>Tue, 03 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Hershel Segal, founder and majority shareholder of Montreal-based national fashion retailer Le Chateau Inc., is pumping $10 million into the company via a four-year unsecured loan at 7.5 per cent annual interest and repayable monthly from early 2013.]]></description></item><item><title>Key political risks to watch in Britain</title><link>http://www.canadaeast.com/rss/article/1468265</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/f6e41638494dec1437e9baaed7855e21</guid><pubDate>Tue, 03 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Britain&#039;s coalition government enters 2012 struggling to stop the economy from falling back into recession and divided over European policy after Prime Minister David Cameron vetoed plans for a new EU treaty to tackle the euro zone crisis.]]></description></item><item><title>Venezuela shrinks nationalization payment to Exxon</title><link>http://www.canadaeast.com/rss/article/1468270</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/d611c40c6bdffae24f2eb66bdfa2c4ae</guid><pubDate>Tue, 03 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Venezuela&#039;s PDVSA said on Monday it will pay Exxon Mobil Corp $255 million in compensation for nationalized assets - less than a third of what the U.S. oil giant said it was awarded by an arbitration panel.]]></description></item><item><title>U.S. economy 'muddling through' 2012</title><link>http://www.canadaeast.com/rss/article/1468264</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/eaf248bfe989ab544e6c89bff24a7705</guid><pubDate>Tue, 03 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[It&#039;s up to the consumer to drive the U.S. economy and lift world growth in 2012, and the outlook is far from encouraging.]]></description></item><item><title>European shares start the new year cautiously on firm footing</title><link>http://www.canadaeast.com/rss/article/1468274</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/30098d4ef8a8b70acdd8f8537fa92d26</guid><pubDate>Tue, 03 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[European stocks hit a two-month high in their first session of the year on Monday, led by defensive utilities such as E.ON and GDF Suez, while volumes were anaemic as UK and U.S. markets remained closed for the New Year holiday.]]></description></item><item><title>CPP changes in 2012</title><link>http://www.canadaeast.com/rss/article/1468276</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/d3f4ff78e719e16d995ebd89f4ccfc89</guid><pubDate>Tue, 03 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[Canadians face a number of Canada Pension Plan changes in 2012 in addition to the annual indexing of tax brackets, credits and benefits.]]></description></item><item><title>Kings' Cousins  needs to start acting like a pro</title><link>http://www.canadaeast.com/rss/article/1468312</link><guid isPermaLink="false">http://www.canadaeast.com/rss/article/613e1372c523062a9e45bf230f755a3b</guid><pubDate>Tue, 03 Jan 2012 06:00:00 -0400</pubDate><description><![CDATA[You can make a strong argument that DeMarcus Cousins was the most physically gifted player in the 2010 NBA Draft.]]></description></item></channel></rss>

