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Record rise in US wholesale prices over the past year

Record rise in US wholesale prices over the past year

WASHINGTON (AP) — Wholesale prices, driven by rising food costs, increased 0.8% in May and by a unprecedented amount over the past year as the U.S. economy emerges from pandemic lockdowns and pushes inflation higher.
CMHC says annual pace of housing starts rose 3.2 per cent in May compared with April

CMHC says annual pace of housing starts rose 3.2 per cent in May compared with April

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in May rose 3.2 per cent compared with April, as starts of apartments, condos and other types of multiple-unit housing projects rose higher.
Aritzia signs deal to buy athletic wear company Reigning Champ

Aritzia signs deal to buy athletic wear company Reigning Champ

VANCOUVER — Clothing designer and retailer Aritzia Inc. says it has signed an agreement to buy a Reigning Champ, a designer and manufacturer of premium athletic wear.
Pandemic enabled small- and medium-sized businesses to work remotely: survey

Pandemic enabled small- and medium-sized businesses to work remotely: survey

At Jeremy Shaki’s tech education company, his workforce of around 75 people weren’t always so keen on remote work.
Emirates Air posts $5.5B loss as virus disrupts travel

Emirates Air posts $5.5B loss as virus disrupts travel

DUBAI, United Arab Emirates (AP) — The Middle East's largest airline, Emirates, announced on Tuesday a net loss of $5.5 billion over the past year as revenue fell by more than 66% due to global travel restrictions sparked by the coronavirus pandemic.
Here's a list of Canadian NHL arena name sponsors

Here's a list of Canadian NHL arena name sponsors

The Winnipeg Jets will play their home games at the Canada Life Centre starting July 1, when the insurance provider begins its 10-year contract at the arena currently known as Bell MTS Place.
California man gets prison for coercing women for sex films

California man gets prison for coercing women for sex films

SAN DIEGO (AP) — A producer for a now-defunct California porn website was sentenced to 20 years in federal prison Monday for coercing or tricking women into appearing in sex videos.
Rethinking tequila: Premium brands aim to change perceptions

Rethinking tequila: Premium brands aim to change perceptions

LONDON (AP) — Love it or hate it, tequila conjures up strong feelings in many drinkers. “Forgive us for the old memories of bad quality tequila!” jokes Antonio Rodriguez, director of production at Patrón Tequila.
Canada's crude oil exports have increased 15-fold in 30 years: report

Canada's crude oil exports have increased 15-fold in 30 years: report

HALIFAX — The value of crude oil exports from Canada has increased over 15-fold in the last 30 years, according to a report from Statistics Canada and the Canada Energy Regulator.
Alberta opens COVID-19 lottery; 48,000 more first doses needed to lift health rules

Alberta opens COVID-19 lottery; 48,000 more first doses needed to lift health rules

EDMONTON — Premier Jason Kenney says 48,000 more Albertans must step up for a first dose of COVID vaccine to fully lift health restrictions, and hopes his new lottery plan will be that incentive.
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