Recent Business Headlines

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at 16:31 on May 22, 2015, EDT.

Royal Bank backs off on fee change for payments after client feedback

TORONTO - The Royal Bank is backing off on its plan to charge customers a fee to make credit card, loan and mortgage payments under certain circumstances.

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at 16:32 on May 22, 2015, EDT.

Boss of biggest oilsands player calls for tougher action on climate change

CALGARY - Calls for tougher carbon pricing are coming from what may, on the surface, seem like an unlikely source: Calgary business leaders, including the boss of Canada's biggest oilsands player.

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at 16:22 on May 22, 2015, EDT.

North American markets flat ahead of U.S. Memorial Day holiday weekend

TORONTO - After a weak start to the day, North American stock markets closed mostly flat ahead of the U.S. Memorial Day holiday weekend.

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at 15:01 on May 22, 2015, EDT.

Yellen says if economy keeps improving, first rate hike likely to occur before end of year

WASHINGTON - Federal Reserve Chair Janet Yellen said Friday she expects to begin raising interest rates later this year — if the job market improves and the Fed is confident inflation will climb closer toward its target rate.

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at 14:50 on May 22, 2015, EDT.

Major oil spill could cost Vancouver's economy $1.2 billion: city report

VANCOUVER - Vancouver's economy could suffer a $1.2-billion blow in case of a major oil spill caused by Kinder Morgan's Trans Mountain pipeline expansion, concludes a new report released by the city.

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at 12:24 on May 22, 2015, EDT.

BlackBerry CEO Chen's total compensation package value drops 96 per cent

BlackBerry chief executive John Chen took a major pay cut last year as he worked to turn around the money-losing company.

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Content Provided By Canadian Press.