TORONTO - Toronto and U.S. stock markets racked up losses Thursday amid a contraction in Chinese manufacturing that drove the Japanese market down to levels not seen in more than two years....
WASHINGTON - U.S. sales of new homes rose in April and nearly matched the fastest pace in five years, driving the median price to a record high. The gains suggest the housing recovery is strengthening....
TORONTO - TD Bank Group (TSX:TD) reported a second-quarter profit of more than $1.7 billion and growth in most of its major sectors, including its main Canadian and U.S. banking operations....
HAMILTON - Toshiba International Corp. has agreed to buy the assets of Elettra Technology, a manufacturer of custom industrial electric motors that was born out of a former Canadian subsidiary of Westinghouse....
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