Breaking News
GM reports $2.5 billion US loss in third quarter
DETROIT -- The bad news for GM workers in Canada will get worse as General Motors reports a $2.5 billion US loss in its latest quarterly report and warns that it's liquidity in 2008 "will approach the minimum amount necessary to operate its business." "Unprecedented economic and credit market turmoil" were cited in third quarter-results just posted by the GM global headquarters in the U.S. There's no immediate word on how the Canadian operations, including Oshawa, will be affected.
GM third-quarter results hit an all-time low
Company nears the minimum amount of money necessary to operate
Walter Passarella/Metroland
OSHAWA-- General Motors lost $2.5 billion in the third quarter, says a GM financial report released Friday morning.
By Parvaneh Pessian - Nov 07, 2008 - 12:59 PM
OSHAWA -- General Motors lost $2.5 billion in the third quarter, says a GM financial report released Friday morning. The results reflect the unprecedented turmoil in the global credit markets that has resulted in the worst financial crisis in more than 70 years, officials ...
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Toppled toilet cargo bad for traffic flow
Nov 06, 2008 - 02:59 PM
CLARINGTON -- A toppled truckload of toilets tangled traffic on eastbound Hwy. 401 near Bowmanville Thursday. Lanes near the Bennett Road exit were intermittently closed for several hours as crews ...
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Designated driver: priceless
UXBRIDGE -- Case of beer: $35. Evening at the bar: $99. Designated driver: priceless. That's the message members of the Durham Chapter of Mothers ...
Trustees to get police checks
Like school volunteers, Durham public school board trustees will now have to provide police reference checks.
On Oct. 20, all but two trustees ...
A night at the opera
WHITBY -- Opera By Request is back. This time out, the group is taking on Gounod's Faust on Nov. 22 at 7:30 p.m. at Hebron Christian Reformed ...
The greening of chair'ity event
OSHAWA -- The volunteer committee of the Robert McLaughlin Gallery invites you to take a seat. On Nov. 15, the committee holds its annual Chair'...
Have your say on the Ajax budget
Politicians north of the border must have cringed at the voter turnout for the U.S. election on Tuesday. There was a record turnout, in some places ...
Sennett is home
R.A Sennett is our school, our community, our family. We see every day as a chance to improve, a chance to start over, a chance to get help or a ...
Trojans compete at OFSAA field hockey
AJAX -- The Pickering High School Trojans will be one of the unseeded teams at the 2008 provincial field hockey championships in Peterborough this ...
Design, plant, weed and fertilize
DURHAM -- Running a business is like gardening.
Well, maybe not exactly, but the hobby does provide a good metaphor for CEOs. Both require design, ...
Freebie will open floodgates: staff
UXBRIDGE -- Granting a request from a non-profit group for free use of a community hall will open the floodgates for more requests, Uxbridge's top...
What a gas!
PICKERING -- When Anna DiDuca's name was called as business person of the year her response was total shock. "Anna that's you," one of her ...
Keeping fit key to preventing falls
DURHAM -- It's mainly because of the feet. For seniors, the twin dangers of slipping and falling can be reduced to a great extent simply by ensuring ...
Angels' tree of light
DURHAM -- The holiday season is difficult for families who have lost a loved one. The Bereaved Families of Ontario- Durham Region is having its ...
Weekend events to enjoy in Durham
The first weekend in November is packed with events for people of all ages and of all tastes. Look for hockey, concerts, hikes and special events in ...