The Canadian Press – MONTREAL – A Quebec charter airline is appealing a Transport Canada decision to ground its planes because of safety concerns.

Reuters – BEIJING/HONG KONG (Reuters) – China’s Geely on Monday completed its purchase of Ford Motor Co’s Volvo unit, marking China’s biggest acquisition of a foreign car maker and reflecting the nation’s rapid rise in the auto world.

Washington Post Co. got what just it wanted: Someone else to take the blame for killing Newsweek. Of all the bidders, the 91-year-old audio-gear mogul is least likely to make the changes needed for long-term survival.

Continue reading Newsweek Gets Sold to Sidney Harman. So Long, Newsweek

Newsweek Gets Sold to Sidney Harman. So Long, Newsweek originally appeared on DailyFinance on Mon, 02 Aug 2010 15:20:00.

Filed Under: Company News, Columns, Media

Reuters – NEW YORK (Reuters) – Stocks neared their best close in 10 weeks on Monday and the Dow and S&P 500 rose more than 2 percent as a weaker U.S. dollar helped boost energy and raw materials sectors.