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Credit Suisse, UBS shares plunge after takeover announcement

Shares of Credit Suisse plunged 63 per cent in early trading Monday after the announcement that banking giant UBS would buy its troubled rival for almost US$3.25 billion in a deal orchestrated by regulators to stave off further market-shaking turmoil in the global banking system.

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1st body found in Montreal fire that left several missing

Investigators in Montreal have recovered the body of one victim of a massive deadly fire. Angela MacKenzie reports.

Investigators in Montreal have recovered the body of one victim of a massive deadly fire. Angela MacKenzie reports.