The holiday shopping spree may be a thing of the past, as retailers realize the recent recession could weaken spending in December. Stores are being pressured to offer sales earlier, too.

Many taxpayers were given a tax credit through the economic stimulus plan. According to the Associated Press, they may owe taxes when they file their federal tax return next year.

It wasn't so long ago that Kraft was announcing an interest in taking over British firm Cadbury. Now, the American company Hershey and Italian-based Ferrero have stated they would consider buying the firm.

American Online or AOL plans to cut one-third or 2,500 jobs by December 9th. The company would like to trim $300 million in annual costs as part of a spin-off from Time Warner Inc.

The Toronto Transit Commission's Yonge-University subway line was shutdown between Eglinton station and Bloor station because of a bridge's collapse.

Nobody will be surprised to hear that The Times, News Corp’s UK flagship, is looking at ways of implementing the pay scheme scenario. They might be surprised that it’s actually two schemes, subscriptions and a prepaid fee for 24 hour slots version.

The Government of Canada's national debt will reach $500 billion come this Sunday, as the Tory government will leave a legacy of debt.

Rupert Murdoch is trying to sell his three radio stations in Russia: Nashe Radio, Best FM and Ultra as well as News Outdoor advertising agency.

It is thought that some credit card holders may have been caught in a scam based in Spain. The possible fraud is currently being followed up by Spanish police.

Many economists see a small amount of inflation as good. If you agree, then October was a good month with the first 12-month increase in the CPI since May 2008.