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Dell profit tumbles

Dell profit plummets 17%

Computer maker says cutbacks on IT spending have spread from U.S. to Western Europe and Asia; shares tumble after hours


Zoom Airlines shuts down

Hundreds of passengers left stranded; Ottawa-based carrier grounded by sky-high fuel prices


iPhone users show modest data usage

Four weeks after launch, 95 per cent of customers use only 10 per cent of data allotment


Harper doesn't rule out recession

But PM says it would be one only in a technical sense; Statscan to report on second-quarter GDP Friday morning


Linamar lays off 800

Auto-parts maker feels pinch of sector-wide slowdown

Streetwise

Streetwise Blog

Stetson plans play on Thomas Weisel lawsuit

Plus: Scotia deepens gold coverage


Quebec View

How Pepsi won Quebec

Konrad Yakabuski

Marketing one province's distinct taste


Nobody's Business

When thin is too thin

Columnist Patricia Best

Plus: Coach! Can you believe it?


MARKET MOVES

$900-million writedown was once considered bad

David Parkinson

Investors are gaining confidence that they have seen the worst


TAX MATTERS

Beg, borrow, steal

Tim Cestnick

Create a game plan for postsecondary funding

 

Canadian Business 

Tundra Semiconductor posts profit

Telecom gear maker earned $437,000 in first quarter

Italian deal powers Day4 shares

Stock jumps after company strikes agreement with German financing company

Current account surplus expands to $6.8-billion

Gains from higher commodity prices dampened by transactions in service and investment income, Statscan reports

Velan plans $25-million expansion

Industrial products maker seeking to boost capacity, productivity


Energy & Resources 

Oil drops on promise to tap reserves

Crude settles more than $2 lower following pledges in face of approaching Tropical Storm Gustav

No changes at Tenke, Lundin says

Miner says it has received no official notice of change in DR Congo intentions despite media reports

Even as gasoline prices fall, the conservation habit endures

Gas-guzzling SUVs unlikely to become fashionable as consuming habits change

Industrial metals lose ground

Copper drops 1.5 per cent on worry of weakening demand; trading thin ahead of long weekend

Gold notches small gain

Bullion comes off day's high, tracking oil's path


International Business 

Toyota lowers 2009 global sales target

Trims sales goal by 700,000 vehicles to 9.7 million

Bank of China profit rises

But losses from subprime mortgages bite into bottom line

China's tallest building to open in Shanhai

UK house prices, retail sales slide

Retail sales drop at sharpest pace in at least 25 years

Sears offers downbeat outlook

Profit, same-store sales fall in second-quarter


Investing 

NYSE, Nasdaq short interest falls

But negative bets on Canadian resource stocks, such as Barrick, Potash and Yamana Gold, increase

Stocks with room to grow, soar and chug along

A look at stocks that have not only survived but thrived since August, 2007 -- and still have room to move higher

Should you pull the trigger on Claymore's ETFs?

New ETFs give Canadians access to worldwide real estate, infrastructure assets

Bold, iPhone growth eyed at Rogers

Company could have a quarter of record subscriber growth following product launches, analyst says


Technology 

Second-hand book sellers learn to adapt

Most sales still from walk-in traffic, but the explosion of second-hand book sales on the Internet has forced book sellers to change their approach

iPhone security flaw exposes private data

Apple promises fix for problem that allows unauthorized users to gain easy access to private contacts and e-mail

Dell unveils PCs for emerging markets

Inexpensive models will be sold only in Asia, Africa and Latin America, in departure from previous strategy


Managing 

Weekend Workout: Back to school on the company tab

If you're looking to upgrade your skills, chances are your employer will pick up at least part of the tuition bill

Chrysler extends required vacation to 2009

Everyone will have to take the same two weeks off next July

Lower costs, higher morale benefits of four-day work week

Chrysler LLC is the latest to propose workers shift to four 10-hour days

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