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    Automaker Tesla takes fight to North Carolina, mulls what could be tough national battle

    RALEIGH, N.C. - Tesla Motors is fighting a bill in North Carolina that would effectively ban the company from selling its electric cars in the state, pitting it against auto dealers who say the car maker has an unfair advantage selling directly to consumers online.

    • The corporate logo for MTS Allstream, a division of Manitoba Telecom Services Inc. (TSX:MBT) is shown. THE CANADIAN PRESS/HO
      MTS to sell Allstream to Egyptian investment … The Canadian Press - 20 hours ago

      WINNIPEG - Manitoba Telecom Services Inc. has agreed to sell its Allstream business telecommunications arm to an Egyptian investment group and use about half of the $405 … More »MTS to sell Allstream to Egyptian investment …

      The corporate logo for MTS Allstream, a division of Manitoba Telecom Services Inc. (TSX:MBT) is shown. THE CANADIAN PRESS/HO

      WINNIPEG - Manitoba Telecom Services Inc. has agreed to sell its Allstream business telecommunications arm to an Egyptian investment group and use about half of the $405 million in proceeds to reduce its pension obligations and debt.

    • Valeant shares soar amid report drug … The Canadian Press - 20 hours ago

      MONTREAL - Valeant Pharmaceuticals shares hit an all-time high Friday amid reports that it is in talks to expand its eye-care business by buying Bausch and Lomb. More »Valeant shares soar amid report drug …

      MONTREAL - Valeant Pharmaceuticals shares hit an all-time high Friday amid reports that it is in talks to expand its eye-care business by buying Bausch and Lomb.

    • Business Highlights The Canadian Press - 20 hours ago

      Summer travel forecast: Better, but no blowout More »Business Highlights

      Summer travel forecast: Better, but no blowout

    • Police agency Interpol quashes Russian … The Canadian Press - 22 hours ago

      PARIS - The international police agency Interpol has rejected a Russian push to locate and arrest a Britain-based investor who is a vocal critic of President Vladimir … More »Police agency Interpol quashes Russian …

      PARIS - The international police agency Interpol has rejected a Russian push to locate and arrest a Britain-based investor who is a vocal critic of President Vladimir Putin's regime.

    • People sit in an outdoor coffee shop in front of an HSBC bank branch in Valletta
      HSBC calls for faster banking refor … Reuters - Fri, 24 May, 2013

      By Steve Slater and Matt Scuffham LONDON (Reuters) - HSBC called on regulators to speed up industry reform as its shareholders urged Europe's biggest bank to take a lead … More »HSBC calls for faster banking refor …

      People sit in an outdoor coffee shop in front of an HSBC bank branch in Valletta

      By Steve Slater and Matt Scuffham LONDON (Reuters) - HSBC called on regulators to speed up industry reform as its shareholders urged Europe's biggest bank to take a lead in cutting pay and criticized it for compliance failings and aiding tax avoidance. HSBC Chairman Douglas Flint told around 400 shareholders at the bank's …

    • FILE - In this Tuesday, May 26, 2009 file photo, motel signs are seen in Lake George, N.Y. Airlines, hotels and campgrounds are expecting to see more customers in 2013 than in the previous few summers. (AP Photo/Mike Groll, File)
      Americans plan summer vacations, but … The Canadian Press - Fri, 24 May, 2013

      NEW YORK, N.Y. - The forecast for summer travel, 2013: Partly sunny. More »Americans plan summer vacations, but …

      FILE - In this Tuesday, May 26, 2009 file photo, motel signs are seen in Lake George, N.Y. Airlines, hotels and campgrounds are expecting to see more customers in 2013 than in the previous few summers. (AP Photo/Mike Groll, File)

      NEW YORK, N.Y. - The forecast for summer travel, 2013: Partly sunny.

    • Cranes and a cargo ship are seen in the port of Koper, Slovenia, Sept. 25, 2012. THE CANADIAN PRESS/AP, Darko Bandic
      Slovenia approves cap on public spending … The Canadian Press - Fri, 24 May, 2013

      LJUBLJANA, Slovenia - Slovenia's parliament on Friday adopted a cap on public spending to try to convince foreign investors that the small eurozone country will not need … More »Slovenia approves cap on public spending …

      Cranes and a cargo ship are seen in the port of Koper, Slovenia, Sept. 25, 2012. THE CANADIAN PRESS/AP, Darko Bandic

      LJUBLJANA, Slovenia - Slovenia's parliament on Friday adopted a cap on public spending to try to convince foreign investors that the small eurozone country will not need an international bailout.

    • In this photo taken Friday, Apr. 26, 2013, Miele Account Manager Natasha Feldman showcases Miele washer and dryer energy efficient appliances at the Pacific Sales at the Best Buy store in Glendale, Calif. The Commerce Department reports on business orders for durable goods in April on Friday, May 24, 2013. (AP Photo/Damian Dovarganes)
      US orders for durable goods rise 3.3 … The Canadian Press - Fri, 24 May, 2013

      WASHINGTON - U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment. The gains suggest … More »US orders for durable goods rise 3.3 …

      In this photo taken Friday, Apr. 26, 2013, Miele Account Manager Natasha Feldman showcases Miele washer and dryer energy efficient appliances at the Pacific Sales at the Best Buy store in Glendale, Calif. The Commerce Department reports on business orders for durable goods in April on Friday, May 24, 2013. (AP Photo/Damian Dovarganes)

      WASHINGTON - U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment. The gains suggest economic growth may be holding steady this spring.

    • French Finance Minister Pierre Moscovici leaves the Elysée Palace following a weekly cabinet meeting in Paris, Wednesday, May 22, 2013. THE CANADIAN PRESS/AP, Remy de la Mauviniere
      As France tries to woo disillusioned … The Canadian Press - Fri, 24 May, 2013

      PARIS - The French government is trying to woo executives and entrepreneurs, amid concerns that it has antagonized the businesses needed to reinvigorate the economy. More »As France tries to woo disillusioned …

      French Finance Minister Pierre Moscovici leaves the Elysée Palace following a weekly cabinet meeting in Paris, Wednesday, May 22, 2013. THE CANADIAN PRESS/AP, Remy de la Mauviniere

      PARIS - The French government is trying to woo executives and entrepreneurs, amid concerns that it has antagonized the businesses needed to reinvigorate the economy.

    • Michael Ambuehl, Switzerland's State Secretary for International Financial Matters, is pictured in Berlin, Germany, on Sept. 24, 2012. THE CANADIAN PRESS/AP, Michael Sohn
      Switzerland's top tax negotiator steps … The Canadian Press - Fri, 24 May, 2013

      GENEVA - Switzerland's top negotiator in talks to resolve disputes over tax evasion with Europe and the U.S. is stepping down. More »Switzerland's top tax negotiator steps …

      Michael Ambuehl, Switzerland's State Secretary for International Financial Matters, is pictured in Berlin, Germany, on Sept. 24, 2012. THE CANADIAN PRESS/AP, Michael Sohn

      GENEVA - Switzerland's top negotiator in talks to resolve disputes over tax evasion with Europe and the U.S. is stepping down.

    • Men arrive at a court during the trial against Sarkis Yacoubian and Krikor Bayassalian in Havana
      Canadian businessman goes on trial in … Reuters - Thu, 23 May, 2013

      By Marc Frank HAVANA (Reuters) - A Cuban court on Thursday wrapped up the first day of testimony in the graft trial of a Canadian businessman whose prosecution is part … More »Canadian businessman goes on trial in …

      Men arrive at a court during the trial against Sarkis Yacoubian and Krikor Bayassalian in Havana

      By Marc Frank HAVANA (Reuters) - A Cuban court on Thursday wrapped up the first day of testimony in the graft trial of a Canadian businessman whose prosecution is part of a corruption crackdown that has shaken the country's foreign business community. The trial of Sarkis Yacoubian, originally from Armenia and the owner …

    • FILE - In this Dec. 6, 2012, photo, an employee walks through the appliance department at a Sears in North Olmsted, Ohio. Sears Holdings Corp. reports quarterly financial results before the market opens on Thursday, May 23, 2013. (AP Photo/Mark Duncan, File)
      Sears reports bigger-than-expected loss … The Canadian Press - Thu, 23 May, 2013

      NEW YORK, N.Y. - It was another ugly quarter for Sears Holdings Corp. More »Sears reports bigger-than-expected loss …

      FILE - In this Dec. 6, 2012, photo, an employee walks through the appliance department at a Sears in North Olmsted, Ohio. Sears Holdings Corp. reports quarterly financial results before the market opens on Thursday, May 23, 2013. (AP Photo/Mark Duncan, File)

      NEW YORK, N.Y. - It was another ugly quarter for Sears Holdings Corp.

    • Hands-off investor? Experts suggest … The Canadian Press - Thu, 23 May, 2013

      The run-up in stock prices this year could tempt even the most hands-off investor to wade into their 401(k) and make some changes. More »Hands-off investor? Experts suggest …

      The run-up in stock prices this year could tempt even the most hands-off investor to wade into their 401(k) and make some changes.

    • Money fund assets rose by $19.53 billion … The Canadian Press - Thu, 23 May, 2013

      NEW YORK, N.Y. - Total U.S. money market mutual fund assets rose $19.53 billion to $2.601 trillion for the week that ended Wednesday, according to the Investment Company … More »Money fund assets rose by $19.53 billion …

      NEW YORK, N.Y. - Total U.S. money market mutual fund assets rose $19.53 billion to $2.601 trillion for the week that ended Wednesday, according to the Investment Company Institute.

    • Chicago billionaire business executive Penny Pritzker, President Obama's pick for Commerce Secretary, testifies on Capitol Hill in Washington, Thursday, May 23, 2013, before the Senate Commerce Committee hearing on her nomination. THE CANADIAN PRESS/AP, J. Scott Applewhite
      Obama's commerce secretary pick, Penny … The Canadian Press - Thu, 23 May, 2013

      WASHINGTON - President Barack Obama's nominee for commerce secretary was questioned briefly about her ties to a subprime mortgage lender that failed in 2001 and her role … More »Obama's commerce secretary pick, Penny …

      Chicago billionaire business executive Penny Pritzker, President Obama's pick for Commerce Secretary, testifies on Capitol Hill in Washington, Thursday, May 23, 2013, before the Senate Commerce Committee hearing on her nomination. THE CANADIAN PRESS/AP, J. Scott Applewhite

      WASHINGTON - President Barack Obama's nominee for commerce secretary was questioned briefly about her ties to a subprime mortgage lender that failed in 2001 and her role as a beneficiary of family offshore trusts in the Bahamas, but those were minor bumps in an otherwise smooth Senate confirmation hearing Thursday.

    • Obama approval ratings remain steady, … The Canadian Press - Thu, 23 May, 2013
      President Barack Obama and first lady Michelle Obama watch as singer-songwriter Carole King performs after being presented the Library of Congress Gershwin Prize for Popular Song during an East Room concert honoring King Wednesday, May 22, 2013, at the White House in Washington. (AP Photo/Jacquelyn Martin)

      WASHINGTON - The economy is recovering, the White House is dealing with multiple controversies, and President Barack Obama appears generally unaffected either way.

    • US new home sales rise 2.3 per cent … The Canadian Press - Thu, 23 May, 2013
      In this Wednesday, April 24, 2013, photo, workers are seen at the construction site of a new housing complex, in Trenton, N.J. The Commerce Department reports on new-home sales for April on Thursday, May 23, 2013. (AP Photo/Mel Evans)

      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.

     
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