The Journal Pioneer: Business

Nortel reports Q4 profit as it sells its assets and winds down operations

Fri, 12 Mar 2010 23:28:00 GMT

TORONTO — Nortel Networks Corp., which is operating under court protection from creditors, said Friday it earned US$1.

Recruiters say more older men hired could mean firms hiring executives again

Sunny Freeman — Fri, 12 Mar 2010 23:28:00 GMT

TORONTO — Employers may be hiring senior executives who lost their jobs during the recession, according to recruiters puzzling over a trend in the latest jobs figures that found nearly half of new jobs going to men over the age of 55.

Satellite operator Telesat says removing ownership restrictions to help it grow

LuAnn LaSalle — Fri, 12 Mar 2010 23:28:00 GMT

MONTREAL — The removal of foreign ownership restrictions will allow Canadian satellite operator Telesat to grow through acquisitions and better compete against its larger rivals, says its CEO.