Business news for Thu, 13 Mar 2008. 1445 news.

A brand of dog treat is being recalled because it may contain salmonella bacteria, the Canadian Food Inspection Agency warned Thursday.

Quebecor Inc. has created the possibility of five national cellphone providers in Canada by announcing on Thursday that it will bid on wireless airwaves across the country, not just in Quebec.

WASHINGTON - Economic policymakers on Thursday recommended stricter regulation of mortgage lenders as part of a broad effort to prevent a repeat of a credit crisis threatening to drive the country into recession.

SEATTLE - The top executive at Microsoft Corp.'s MSN media network is leaving for Los Angeles advertising startup Spot Runner, the software maker said Thursday.

An independent monetary policy geared to domestic objectives would better serve the Chinese economy – but would require a flexible exchange rate system, say the paper's authors

Florida led the nation in mortgage fraud in 2007, a dubious distinction it's had two years running.

VALAD Property Group said none of its directors have margin loans over holdings in the property trust's stapled securities.

What Google/DoubleClick looks like--a competition nightmare?

Barry Diller, chief executive of IAC, faced tough questions about his compensation as he told a Delaware court that a controversial restructuring plan was intended to nurture the internet company's proposed spin-offs

There was a blow on Thursday for the government's aim on child poverty even after Alistair Darling devoted what money he could spare to poor families

Fifteen thousand mostly elderly investors have lost a total of more than ?34.5m in the biggest international 'boiler room' share scam so far uncovered, City of London police said

SHANGHAI stocks plunged below 4,000 points yesterday for the first time in more than seven months as the market filled with negative news that hit investor confidence. The Shanghai stock exchange opened at 4,033.32 in the morning, 36.92 points lower than the previous trading day, before closing at 3,988.84 points in the morning session. The stock market continued to lose ground in the afternoon, and the Shanghai index at one point plummeted as much as three percent to 3902.25 points - the lowest since last July. The index eventually climbed back to 3,971.26 points at close. Turnover reached 96.34 billion yuan and losers outnumbered gainers by 646 to 98 with 61 stocks unchanged. Investors remained cautious amid uncertainty over tightening measures, and their confidence has been dampened by rising consumer prices and liquidity strains in the market, said analysts, predicting that stock prices are expected to go through further ups and downs in the near future. Consumer

A group of television broadcasters strongly criticizes the latest round of Federal Communications Commission tests aimed at allowing a new generation of wireless Internet devices to be used on so-called "white spaces" spectrum.

Shares of Virgin Mobile USA fell 54 per cent after the mobile network operator reported disappointing subscriber gains and cut its 2008 earnings forecast by 40 per cent

PORTLAND, Ore. (AP) -- Despite improvements in worker rights laws in China, Nike Inc. says significant problems remain there in working conditions and with managers not meeting Nike's standards....

This measure has a bad rap, but it's still a valuable tool when used appropriately.

Some pundits suggest that the Federal Reserve's move to prop up the banking system prompted creditors to play hardball with Carlyle Capital

The elite club of businessmen and developers who saw in Long Island's agrarian lifestyle the potential to create an independent regional economy has lost a leader who helped set the region's development agenda for four decades.

Small businesses face obstacles in winning contracts from government, according to Anne Glover, the venture capitalist appointed to study the problem on Wednesday