Friday, July 07, 2006

 

Reuters Canada Business Summary 



HOUSTON (Reuters) - Enron Corp. founder and chief executive Ken Lay, who was convicted in May for his role in the in the Houston-based company's downfall, died of a heart attack on Wednesday at his vacation home in Colorado.
Source: www.globeinvestor.com

Portuguese fans share their pain 
TULARE When he arrived in Tulare while on summer vacation from Toronto, Alexandre Darocha wanted to know where he could watch World Cup games. He wanted to keep up with Portugal's team in soccer's largest tournament.
Source: www.visaliatimesdelta.com

Son rises in Toronto: Colangelo looks to bring winning ways to Raptors 
The decision by Bryan Colangelo to leave a Phoenix Suns franchise he grew up with and a team he built into an entertaining championship contender stunned NBA insiders. Yet the team he moved on to in February was predictable and fitting for an emerging executive who has been ahead of the curve in mining international talent.
Source: www.usatoday.com

For The Record: Quick News On 'American Idol,' Katharine McPhee, 'High School Musical,' Michael Jackson & More 
The American Idols Live Tour kicked off Wednesday in Manchester, New Hampshire, one singer down. Runner-up Katharine McPhee missed opening night and will also have to skip Thursday's show due to a bout with bronchitis and laryngitis.
Source: www.mtv.com

Reuters Canada Business Summary 
TORONTO (Reuters) - Nortel Networks Corp. , the telecom equipment giant left out of the sector's recent mega mergers, said on Tuesday it will cut 1,100 jobs, or 3.2 percent of its workforce, and squeeze its pension plan to trim costs and improve margins.
Source: www.globeinvestor.com




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