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US jobless claims drop to 385,000, another pandemic low

US jobless claims drop to 385,000, another pandemic low

WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week for a fifth straight week to a new pandemic low, the latest evidence that the U.S. job market is regaining its health as the economy further reopens.
Inter Pipeline continues to support Pembina deal after improved Brookfield offer

Inter Pipeline continues to support Pembina deal after improved Brookfield offer

CALGARY — The board of directors at Inter Pipeline Ltd. says it still supports a takeover deal the company signed with Pembina Pipeline Corp., despite an increased offer from Brookfield Infrastructure Partners.
GTA home sales down 13% between April and May but prices still rising: TRREB

GTA home sales down 13% between April and May but prices still rising: TRREB

TORONTO — The frenzied pace of home sales that appeared at the start of the year is continuing to slow as new figures from the Toronto Real Estate Board show 13 per cent fewer homes in the region changed hands between April and May.
CBS is champ of television season for 13th consecutive year

CBS is champ of television season for 13th consecutive year

NEW YORK (AP) — In a designation that feels a little less significant every year, CBS has finished the 2020-21 television season as the nation's most-watched television network for the 13th consecutive time. CBS averaged 6.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,971.15, down 4.86 points.) Blackberry Ltd. (TSX:BB). Technology. Up $4.33, or 31.1 per cent, to $18.25 on 37.1 million shares.
S&P/TSX composite temporarily tops 20,000-point level as energy sector climbs higher

S&P/TSX composite temporarily tops 20,000-point level as energy sector climbs higher

TORONTO — A good showing from the energy sector continues to buoy Canada's main stock index and the Canadian dollar, with one analyst saying investors can expect strong performances from the sector for months to come.
Montreal-area single-family home prices surge 34% in May: Quebec real estate board

Montreal-area single-family home prices surge 34% in May: Quebec real estate board

Montreal-area home prices surged in May compared to a year ago when the province was grappling with the onset of the pandemic, Quebec's real estate board said Wednesday.
Airlines prepared for unruly passengers ahead of return to air travel

Airlines prepared for unruly passengers ahead of return to air travel

HALIFAX — After months of reduced air travel due to the COVID-19 pandemic, airlines in Canada say they're ready to contend with what could be a turbulent summer season.
Vancouver housing market less intense in May but sales, listings still strong: GVREB

Vancouver housing market less intense in May but sales, listings still strong: GVREB

VANCOUVER — The super-heated housing market in Metro Vancouver cooled slightly in May but the Greater Vancouver Real Estate Board says sales still remained active.
Lufthansa gets green light to resume flights to Russia

Lufthansa gets green light to resume flights to Russia

BERLIN (AP) — German airline Lufthansa said late Wednesday that it has received the green light from Russia to resume flights there, after being briefly denied permission, which resulted in a reciprocal blocking of flights by Germany.
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