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Logica deal powers CGI results, shares rise

(Reuters) - Canadian IT services company CGI Group Inc <GIBa.TO> <GIB.N> reported better-than-expected quarterly results as sales were boosted by contracts from Logica Plc, an Anglo-Dutch rival CGI acquired last year. Full story

Revlon 2nd-quarter profit more than doubles

Revlon's second-quarter net income more than doubled, bolstered by a large insurance gain related to a fire that destroyed a Venezuelan plant. Full story

Obama refutes claims about keystone

   Republicans and other supporters of the proposed 5.3 billion dollar project argue it would create tens of thousands of jobs. President Barack Obama says the jobs created would not be permanent. Politico’s Andrew Restuccia joins to discuss.

SpaceX wins bid to launch Canadian radar satellites

(Reuters) - Privately owned Space Exploration Technologies was selected to launch a trio of Canadian radar satellites aboard a single Falcon 9 rocket, the company announced on Tuesday. Full story

BHP faces $14 billion potash decision as price war looms

LONDON/WINNIPEG, Canada (Reuters) - Miner BHP Billiton's <BLT.L> new boss is facing his biggest test to date as he weighs the fate of a $14 billion Canadian potash project just as the collapse of a dominant potash cartel puts more pressure on already weak prices. Full story

Hudson's Bay CEO bets big on department stores with Saks buy

NEW YORK/TORONTO (Reuters) - Richard Baker is doubling down on his attempt to revive big-name department stores with a $2.4 billion bid to buy Saks Inc, bringing the New York retailer into Canada and under the same roof as Lord & Taylor and Canada's Hudson's Bay. Full story

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Hudson's Bay buying Saks for about $2.4 billion

Experts: Unlikely US helped NZ spy on reporter

Turquoise Hill falls as analyst cuts rating

Industry fights safety retrofit of older rail cars

Colombia's ELN rebels pledge to free Canadian captive soon

Canada's Hudson's Bay to buy Saks for $2.4 billion

Valeant Pharma says may cut 10-15 percent jobs after Bausch & Lomb deal

Lord & Taylor parent HBC to buy Saks for $2.9 billion in cash

Canadian, jailed in Mauritania for terror link, reported back home

Obama disputes job projections for Keystone XL pipeline: NYT

Video

  Hudson’s Bay to buy Saks Fifth Avenue

Saks Fifth Avenue is being sold to Canada’s Hudson’s Bay, which owns Lord & Taylor. NBC’s Brian Williams reports.

  Smorgasbord of excitement

Bill Wolff, executive producer of the Rachel Maddow Show, shares a preview of Wednesday’s show - citizen heroism across the country is in full force, plus a look at Governor Bob McDonnell’s overseas adventure, a rig explosion in Canada, and a little craziness out of North Carolina.

  The heat is on around the country

Michael Levee, author of “The Power Surge,” talks to the hosts of The Cycle about how we can change America’s energy future, while we battle one of the worst heat waves the country has seen.

  KLG, Hoda try new dessert sensation: The Crookie!

TODAY’s Kathie Lee Gifford and Hoda Kotb take a bite out of a new dessert whipped up by the Canadian bakery Clafouti: a combination of a croissant and Oreo cookies.

  50 believed dead in Quebec train explosion

Canadian police have raised  the death toll in a train explosion that occurred in a small Quebec village Saturday to 50. All people missing in the explosion are now presumed dead.

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Related Photos

Canada's Cochrane holds his bronze medal at the men's 800m freestyle victory ceremony during the World Swimming Championships in Barcelona
Canada's Cochrane holds his bronze medal at the men's 800m freestyle victory ceremony during the World Swimming Championships in Barcelona

Canada's Ryan Cochrane holds his bronze medal at the men's 800m freestyle victory ceremony during the World Swimming Championships at the Sant Jordi arena in Barcelona July 31, 2013. REUTERS/Albert Gea (SPAIN - Tags: SPORT SWIMMING)

Third placed Cochrane of Canada poses with his bronze medal at the men's 800m freestyle victory ceremony during the World Swimming Championships in Barcelona
Third placed Cochrane of Canada poses with his bronze medal at the men's 800m freestyle victory ceremony during the World Swimming Championships in Barcelona

Third placed Ryan Cochrane of Canada poses with his bronze medal at the men's 800m freestyle victory ceremony during the World Swimming Championships at the Sant Jordi arena in Barcelona July 31, 2013. REUTERS/Michael Dalder (SPAIN - Tags: SPORT SWIMMING)

Canada's Cochrane swims in the men's 800m freestyle final during the World Swimming Championships in Barcelona
Canada's Cochrane swims in the men's 800m freestyle final during the World Swimming Championships in Barcelona

Canada's Ryan Cochrane swims in the men's 800m freestyle final during the World Swimming Championships at the Sant Jordi arena in Barcelona July 31, 2013. REUTERS/Albert Gea (SPAIN - Tags: SPORT SWIMMING)