$1 billion News

Ottawa - A Toronto-based investment firm has signed a $1-billion deal to buy the Canadian space technology company behind Radarsat Earth-observation satellites and the Canadarm robotic mechanisms on the International Space Station.

The provincial government will spend $1 billion over the next four years on the petrochemical industry to try to diversify Alberta’s energy sector.

Apple has largely prevailed over its rival Samsung, while Samsung was granted a reprieve of sorts in one of the largest technology lawsuits for patent infringement. Jury Awards $1 Billion to Apple.

Toronto - One of the largest skyscrapers in the downtown Toronto landscape, Scotiabank is considering selling off its Scotia Plaza tower on Bay Street for $1 billion. Analysts say this could be the largest commercial real estate deal in Canada.

Baghdad - Baghdad's city government is requesting $1 billion in damages and an official apology from the US government as a result of miles of concrete blast walls, erected in the city during the eight-year occupation, that have damaged the city's infrastructure.

As breast cancer ravaged her body, Susan G. Komen asked her younger sister for a promise.