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Tuesday March 9 2010
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CBC | Money News

CBC.ca
  • Toyota denies Prius recall coming
    Toyota Motor Corp. Tuesday denied reports by the Wall Street Journal that the automaker plans to recall the Prius model involved in Monday's high-profile case of unintended acceleration in San Diego.

  • CRTC probing Moblicity ownership
    The CRTC is reviewing the structure of Mobilicity, the fledgling cellphone provider formerly known as DAVE Wireless, to see whether it meets Canadian-ownership rules.

  • NAFTA pullout bill fails to scare Ottawa
    Fresh off a recent skirmish over "Buy American," some Canadian cabinet ministers are expressing confidence that a new protectionist push from some U.S. politicians won't succeed.

  • Canadian bank profits top $5B
    Total profits for Canada's six biggest banks surged to $5.3 billion in the first quarter as loan losses fell and their domestic operations flourished.

  • Chevron to cut 2,000 jobs
    Chevron Corp. has announced it will cut 2,000 jobs this year and make more reductions in 2011.

  • Investigating the cyber attack on Google
    Canadian experts are throwing their expertise behind the multinational investigation into January's high-profile cyber attack against Google.

  • Businesses to add jobs, surveys say
    Canadian business owners and managers say they're more likely to hire new employees this year as the economy recovers, two surveys suggest.

  • Keep Amazon out of Canada, booksellers ask
    The Canadian Booksellers Association is trying to block Amazon.com from setting up a distribution centre north of the border.

  • Pink Floyd sues EMI over online royalties
    British rock band Pink Floyd has launched a lawsuit against its record company, EMI, claiming it has miscalculated royalty payments for online sales.

  • Man., Sask. governments go on power play
    The Manitoba and Saskatchewan governments have agreed to more than double the capacity of the power grid that connects the two provinces.

  • Sex.com goes on auction block
    Sex.com, a popular domain name on the internet, will be auctioned off in New York this month after its owners defaulted on debt payments.

  • Cisco unveils faster internet gear
    Cisco Systems, the world's largest supplier of internet backbone equipment, is tripling the capacity of its gear, a move it is hyping as one that will change the internet forever.

  • Airlines back to profits in 2010: report
    Canada's airline industry will return to profitability this year, according to a report released Tuesday by the Conference Board of Canada.

  • Sony to start selling 3-D TVs in June
    Sony says it will start selling 3-D televisions in June, joining a competitive industrywide push to convince consumers to embrace the technology for their living rooms.

  • Bull market a year old
    One year ago this week marked the low point for North American stock markets and the beginning of one of the most surprising bull markets ever.

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