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Exxon, Chevron profits fall on low gas prices, weak margins

Exxon, Chevron profits fall on low gas prices, weak margins

Exxon Mobil's profit slid more than 5% in the fourth quarter of 2019, as the oil giant dealt with low natural gas prices and weak margins in its chemical and retail fuel operations. The country's largest oil producer posted $5.
Economist praises premier's push for immigration, population growth in N.B.

Economist praises premier's push for immigration, population growth in N.B.

FREDERICTON — A prominent economist says New Brunswick Premier Blaine Higgs is doing the right thing in his efforts to increase immigration and grow the population.
Tim Hortons seeks to reclaim Canadian brand identity amid lukewarm sales

Tim Hortons seeks to reclaim Canadian brand identity amid lukewarm sales

Tim Hortons franchisees gathered in Calgary earlier this week and erupted into applause after corporate executives promised to help reframe the public's understanding that the chain is a Canadian company.
Imperial Oil takes crude-by-rail shipments to 100,000 bpd as differentials widen

Imperial Oil takes crude-by-rail shipments to 100,000 bpd as differentials widen

CALGARY — Imperial Oil Ltd. has ramped up crude-by-rail shipments to more than 100,000 barrels per day from zero in October and plans to continue to add railcars as profitability of the transportation option strengthens.
HBC board unanimously backs Baker offer in amended and stated circular

HBC board unanimously backs Baker offer in amended and stated circular

TORONTO — The board of directors of Hudson's Bay Co. has unanimously recommended shareholders support a sweetened offer to take the retailer private.
Statistics Canada says GDP edged up 0.1 per cent in November

Statistics Canada says GDP edged up 0.1 per cent in November

OTTAWA — The Canadian economy edged higher in November, reversing most the decline seen in October, as cold weather helped boost the utilities sector and the construction and retail sectors also gained ground.
UK's health chief slams Gwyneth Paltrow's lifestyle brand

UK's health chief slams Gwyneth Paltrow's lifestyle brand

LONDON — The chief executive of Britain's National Health Service has criticized Gwyneth Paltrow's lifestyle brand Goop and her new Netflix series, warning it carries “considerable risks to health.
Super Bowl ads serve up politics - and an escape from it

Super Bowl ads serve up politics - and an escape from it

NEW YORK — Americans weary of a seemingly endless barrage of political news may be looking for a respite as they settle in to watch the Kansas City Chiefs face off against the San Francisco 49ers in the Super Bowl on Sunday.
US consumer spending slows to 0.3% gain in December

US consumer spending slows to 0.3% gain in December

WASHINGTON — U.S. consumer spending slowed in December as Americans spent more on prescription drugs and health care services but those gains did not offset a sharp slowdown in spending on new cars.

Cott signs deal to sell S&D Coffee and Tea business to Westrock Coffee

TORONTO — Cott Corp. has signed a deal to sell its S&D Coffee and Tea business to Westrock Coffee Co. LLC for US$405 million. The sale is part of Cott's plan to focus on its water business.