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Energy East pipeline costs jump 30%, as TransCanada makes 700 tweaks to plan

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CALGARY – Building the Energy East pipeline will cost almost $4 billion more than expected, the result of hundreds of tweaks to the project’s design and an expanded terminal in Saint John, N.B. TransCanada Corp. announced Thursday that it had filed an amendment to the National Energy Board for the …

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Chipotle Mexican Grill Inc shares jump after chain says it can regain lustre after food-safety crisis

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Chipotle Mexican Grill Inc. shares rose the most in more than five months on renewed optimism that the chain can bounce back from its food-safety crisis. Chipotle told analysts at an ICR conference in Orlando, Florida, that it can regain the trust of customers and restore its industry-leading restaurant margins, …

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Weight Watchers shares jump after Oprah announces she’s lost 26 pounds

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Weight Watchers International Inc. shares rose as much as 22 per cent after investor and spokeswoman Oprah Winfrey said she’s lost more weight using the program. “I lost 26 pounds, and I have eaten bread every single day,” the entertainment mogul said in a video posted to Twitter. This is …

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Oil prices jump on talk OPEC is ready to deal, but traders are wary of ‘jawboning’

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NEW YORK — Global oil prices surged as much as 12 per cent on Friday after a report once again suggested OPEC might finally agree to cut production to reduce the world glut, while a bounce in stock markets fed appetite for risk. Despite the strong daily gain, oil prices …

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