Ford to lay off 388 at Windsor engine plant
CBC News has learned Ford Motor Co. will lay off nearly 400 workers at its engine plant in Windsor, Ont. cbc.ca |
Confirmed: Facebook Buys Real-Time Startup Hot Potato (paidContent.org)
Facebook has confirmed that it has bought up Hot Potato, a startup behind a service that lets users communicate about activities they are doing at a given moment. On Hot Potato, users list what activity they are doing and then see others who are doing the same thing and can ask questions or share photos and videos with them. finance.yahoo.com |
Best Buy profit rises
Growth in Best Buy Co.'s expanding cellphone business helped the electronics retailer's second-quarter net income jump 60 per cent, the company says. cbc.ca |
U.A.E. backs off on BlackBerry ban
The United Arab Emirates backed off a threat to cut key services on BlackBerry smart phones Friday, just days before the ban was set to take effect. cbc.ca |
Ireland's bailout inflames taxpayers
Ireland's international bailout fails to convince bond investors Monday that Europe's debt crisis has been contained, and it outrages many in the country with a requirement that state pension funds will be used to protect foreign creditors. cbc.ca |