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Red-hot US housing market: January new home sales jump 4.3%

Red-hot US housing market: January new home sales jump 4.3%

SILVER SPRING, Md. — Demand for new homes in the U.S. surged 4.3% in January with the housing market still one of the strongest segments of the economy.
Chinese official calls for 'joint efforts' in China-US trade

Chinese official calls for 'joint efforts' in China-US trade

BEIJING — China’s commerce minister appealed to Washington for “joint efforts” to revive trade but gave no indication Wednesday when tariff war talks might resume or whether Beijing might offer concessions.
Funky electronics chain Fry's is no more

Funky electronics chain Fry's is no more

SAN FRANCISCO — Fry's Electronics, the go-to chain for tech tinkerers looking for an obscure part, is closing for good.
ExxonMobil sells some North Sea drilling, exploration sites

ExxonMobil sells some North Sea drilling, exploration sites

ExxonMobil is selling most of its drilling and exploration assets off the coast of the U.K. in the North Sea for more than $1 billion.
CMHC: majority of mortgage deferrals have ended, risk of arrears could re-emerge

CMHC: majority of mortgage deferrals have ended, risk of arrears could re-emerge

OTTAWA — Most homeowners who sought deferrals for mortgages last year have seen their deferral periods end, but the Canada Mortgage and Housing Corp. says the risk of these borrowers falling into arrears could re-emerge.
High Liner Foods reports US$7.4-million Q4 profit, sales down from year ago

High Liner Foods reports US$7.4-million Q4 profit, sales down from year ago

LUNENBURG, N.S. — High Liner Foods Inc. says it earned a profit in its latest quarter compared with a loss a year ago even as its sales declined. The frozen seafood company, which keeps its books in U.S. dollars, says it earned US$7.
Bausch Health Companies reports fourth-quarter loss of US$153 million

Bausch Health Companies reports fourth-quarter loss of US$153 million

LAVAL, Que. — Bausch Health Companies Inc. reported a loss of US$153 million in its latest quarter as its revenue edged lower compared with a year ago. The company, which keeps its books in U.S.
Hydro One reports Q4 profit down from year ago as it faced COVID-19 related costs

Hydro One reports Q4 profit down from year ago as it faced COVID-19 related costs

TORONTO — Hydro One Ltd. reported its fourth-quarter profit fell compared with a year earlier as the power utility faced higher costs related to the pandemic.
Higher oil prices boosting Alberta's bottom line as budget looms Thursday: Kenney

Higher oil prices boosting Alberta's bottom line as budget looms Thursday: Kenney

EDMONTON — Premier Jason Kenney says a recent bump in energy prices in the third quarter of the current budget is helping the bottom line as his government prepares to introduce its 2021-22 budget.
Top board leaders resign after deadly Texas power outages

Top board leaders resign after deadly Texas power outages

AUSTIN, Texas — Top board leaders of Texas’ embattled power grid operator said Tuesday they will resign following outrage over more than 4 million customers losing electricity last week during a deadly winter storm, including many whose frigid homes
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