EI numbers rose in May
The number of Canadians receiving regular Employment Insurance benefits rose in May for the first time in eight months, Statistics Canada reports. cbc.ca |
A Chip Start-Up Aims to Slay Intel (at New York Times)
Smooth-Stone, a semiconductor start-up, has pulled in $48 million from an international group of investors in a bid to disrupt one of Intel s most lucrative franchises: server chips. us.rd.yahoo.com |
Couche-Tard plans to sell some Casey's stores
Alimentation Couche-Tard has an agreement in principle with a U.S. competition watchdog to sell 25 convenience store and gas stations in the Midwest should it be successful in acquiring Casey's General Stores. cbc.ca |
Dollar lower but still near record highs
THE Australian dollar was marginally weaker but still near two-year highs. news.com.au |
Companies cut R&D spending
Canada's 100 biggest corporate research and development spenders cut back R&D investment by almost two per cent in fiscal 2009 from the year earlier, according to data compiled by Research Infosource Inc. cbc.ca |