NEW YORK - Reports of sudden acceleration in the Toyota Prius have spiked across the country. But that doesn't mean there's an epidemic of bad gas pedals in the popular hybrid.

CALGARY - The National Energy Board has proposed changes to many of the recommendations a federally appointed panel made for the Mackenzie Gas Project in the Northwest Territories.

NEW YORK - Reports of sudden acceleration in the Toyota Prius have spiked across the United States. But that doesn't mean there's an epidemic of bad gas pedals in the popular hybrid.

BP PLC, Europe's second-largest oil company, is the leading candidate to purchase assets worth more than US$5 billion from independent oil and gas producer Devon Energy, the Wall Street Journal said W [ ... ]

CALGARY - Paramount Energy Trust (TSX:PMT.UN) has signed a deal to acquire oil and natural gas assets in the Edson area of west central Alberta from an unidentified company for $126 million.

FORT WAYNE, Ind. - WaterFurnace Renewable Energy Inc. (TSX:WFI) reported a increase in its fourth-quarter profit compared with a year, while sales dipped slightly.

TORONTO - Expectations of higher interest rates and investor demand for Canada will help drive the Canadian dollar past parity with the U.S. greenback by this summer, says CIBC World Markets.

NEW YORK - Oil settled above US$82 on Wednesday after driving past $83 briefly following a U.S. government report that showed crude oil supplies didn't grow as much as analysts expected last week.

HALIFAX, N.S. - The Nova Scotia government is downplaying the risks taxpayers face in their equity stake in a manufacturing plant in Trenton that is going to make wind turbine components.

TORONTO - Rising telecom and mining stocks helped push the Toronto stock market higher Wednesday, with the S&P/TSX composite index gaining 42.35 points to 11,961.06.