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at 17:56 on May 06, 2016, EDT.

Concerns arise that fire may have taken out as much as half of oilsands output

CALGARY - The wildfire ripping through the Fort McMurray, Alta., area continued to set back Alberta's crude industry Friday as concerns arose that the disaster may have taken out as much as half of Canada's oilsands output.

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at 17:13 on May 06, 2016, EDT.

A Trump proposal for national debt would send rates soaring

WASHINGTON - In the event that the U.S. economy crashed, Donald Trump has floated a recovery plan based on his own experience with corporate bankruptcy: Pay America's creditors less than full value on the U.S. Treasurys they hold.

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at 17:12 on May 06, 2016, EDT.

Chinese billionaire treats 3,000 workers to paella in Spain

MADRID - The billionaire founder of Chinese conglomerate Tiens Group treated 3,000 of his top salespeople Friday to a traditional Spanish paella dinner during a free Madrid trip that also included a bullfight and a tour of King Felipe VI's Royal Palace.

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at 17:10 on May 06, 2016, EDT.

US consumer borrowing jumps 10 per cent in March

WASHINGTON - U.S. consumers sharply increased use of their credit cards in March, pushing up total borrowing at the fastest pace in more than a decade.

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at 17:08 on May 06, 2016, EDT.

Hiring slowdown in April may signal caution about US economy

WASHINGTON - American employers signalled their caution about a sluggish economy by slowing their pace of hiring in April after months of robust job growth.

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at 16:50 on May 06, 2016, EDT.

Most actively traded companies on the TSX

Some of the most active companies traded Friday on the Toronto Stock Exchange:

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Content Provided By Canadian Press.

Recent Business Headlines

06.05.2016

Concerns arise that fire may have taken out as much as half of oilsands output

→ READ MORE

06.05.2016

A Trump proposal for national debt would send rates soaring

→ READ MORE

06.05.2016

Chinese billionaire treats 3,000 workers to paella in Spain

→ READ MORE

06.05.2016

US consumer borrowing jumps 10 per cent in March

→ READ MORE

Content Provided By Canadian Press.