Business - Brandon Sun

Fed Chairman Ben Bernanke's news conference is on a television screen on the floor of the New York Stock Exchange Wednesday, June 19, 2013. The Federal Reserve offered a hint Wednesday that it's moving closer to slowing its bond-buying program, which is intended to keep long-term interest rates at record lows. (AP Photo/Richard Drew)

Los Angeles to give every student an iPad, places $30 million order with Apple

NEW YORK, N.Y. - Los Angeles' school system, the second largest in the United States, is ordering iPads for all its students, handing Apple a major success in its quest to make the tablet computer a replacement for textbooks.

The Los Angeles Board of Education on Tuesday approved the purchase of ...

CP ONLINE | Wednesday, Jun. 19, 2013 at 3:36 PM | 0 | Business Breaking News

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Feds make arrests in San Diego, Norway, tied to international gambling ring

SAN DIEGO - U.S. authorities unsealed an indictment Wednesday charging 18 people with involvement in an illegal gambling ring they say spanned from California to Peru and used violence against customers with outstanding debts.

CP ONLINE | Wednesday, Jun. 19, 2013 at 3:34 PM | 0 | Business Breaking News
Government review says American-US Airways merger would reduce competition on many routes

DALLAS - A government analyst says the merger of American Airlines and US Airways would reduce competition on more than 1,600 routes travelled by more than 53 million passengers.

CP ONLINE | Wednesday, Jun. 19, 2013 at 3:34 PM | 0 | Business Breaking News
Financial market highlights on Wednesday: S&P/TSX 12,268.29 down 99.17 points

TORONTO - Highlights at the close of Wednesday at world financial market trading.

CP ONLINE | Wednesday, Jun. 19, 2013 at 3:19 PM | 0 | Business Breaking News
US stocks sink and bond yields rise after Bernanke says Fed could slow its bond purchases

NEW YORK, N.Y. - Stocks are closing sharply lower and bond yields are rising after Fed Chairman Ben Bernanke said the central bank could slow its massive bond purchases this year.

CP ONLINE | Wednesday, Jun. 19, 2013 at 3:16 PM | 0 | Business Breaking News