The number of Canadians who filed for bankruptcy in June rose 54.3 per cent from a year earlier to 10,823, the Office of the Superintendent of Bankruptcy Canada said Tuesday.... [full story]

Maguire Properties Inc. the largest office landlord in downtown Los Angeles, may relinquish control of seven Southern California buildings with $1.06 billion of debt and said it’s not planning on filing for bankruptcy. The... [full story]

U.S. banks will collect a record $38.5 billion in overdraft fees this year, with nearly all the revenue paid by just 10% of customers, according to a research report released Monday. The windfall is nearly double the $19.9... [full story]

Detroit Mayor Dave Bing today told union leaders that all of his appointees will take a 10% pay cut effective Sept. 1, and he needs the approximately 10,000 unionized city workers to do the same by Aug. 28.... [full story]

The price of raw sugar has increased to its highest level since 1981, as supply concerns grow. Raw sugar futures added 3% on Monday, to finish the day at 22 cents a pound.... [full story]

President Obama’s assistant for Homeland Security and Counterterrorism, John Brennan, delivered a speech at the Center for Strategic and International Studies on August 6. In the course of his speech the official outlined... [full story]

Canada's banks are on display in China this week as Finance Minister Jim Flaherty tries to woo officials there. Mr. Flaherty told reporters from Beijing he hopes his visit will spur Chinese investment in Canada's resource... [full story]

General Motors and eBay Inc. are expected to announce Monday that hundreds of the auto maker’s California dealers will let consumers haggle over the prices of new cars and trucks through the online marketplace, as part... [full story]

Two years after credit markets seized up and caused the worst financial crisis since the Great Depression, companies are hoarding the most cash in at least a decade.... [full story]

The country's largest airline is scouring for ways to reduce expenses, including looking at grounding some planes and temporarily paring more staff to adjust to reduced travel demand after Labour Day.... [full story]