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Texas sues Shell over May fire at Houston-area petrochemical plant

Texas sues Shell over May fire at Houston-area petrochemical plant

AUSTIN, Texas (AP) — Texas is suing Shell and is seeking more than $1 million, alleging a fire at the oil giant's Houston-area petrochemical plant damaged the environment.
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July home sales see largest annual rise in two years: CREA

July home sales see largest annual rise in two years: CREA

July home sales saw the largest year-over-year increase in more than two years, but were little changed from June, the Canadian Real Estate Association said Tuesday. On a non-seasonally adjusted basis, sales edged up 8.
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Statistics Canada reports manufacturing sales down 1.7 per cent in June

Statistics Canada reports manufacturing sales down 1.7 per cent in June

OTTAWA — Statistics Canada says manufacturing sales fell 1.7 per cent to $71.5 billion in June, led by a drop in sales in the petroleum and coal product, chemical and machinery subsectors.
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Ontario Teachers earned 1.9% net return for first half of 2023

Ontario Teachers earned 1.9% net return for first half of 2023

TORONTO — The Ontario Teachers' Pension Plan Board says it earned a net return of 1.9 per cent for the first six months of the year. The pension fund's total net assets stood at $249.8 billion at June 30, up from $247.2 billion at Dec. 31, 2022.
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Retail sales rose solidly last month in a sign that consumers are still spending freely

Retail sales rose solidly last month in a sign that consumers are still spending freely

NEW YORK (AP) — Americans increased their purchases at retailers last month – for clothing, dining out, online goods and other areas – in a sign that solid consumer spending is still powering a resilient U.S. economy.
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Here's a list of July inflation rates for selected Canadian cities

Here's a list of July inflation rates for selected Canadian cities

OTTAWA — Canada's annual inflation rate was 3.3 per cent in July, Statistics Canada says.
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Here's a list July inflation rates for Canadian provinces

Here's a list July inflation rates for Canadian provinces

OTTAWA — Canada's national annual inflation rate was 3.3 per cent in July, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 2.5 per cent (1.7) — Prince Edward Island: 2.
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Shawcor sells substantial part of pipeline and pipe services business for $220M

Shawcor sells substantial part of pipeline and pipe services business for $220M

TORONTO — Shawcor Ltd. has signed a deal to sell a substantial part of its pipe coating division to Tenaris S.A. for about $220 million.
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Russia's central bank makes huge interest rate hike to try to prop up falling ruble

Russia's central bank makes huge interest rate hike to try to prop up falling ruble

TALLINN, Estonia (AP) — Russia’s central bank made a big interest rate hike Tuesday, an emergency move designed to fight inflation and strengthen the ruble after the country's currency reached its lowest value since early in the war with Ukraine.
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Home Depot tops expectations again, but signs of spending pullback by Americans

Home Depot tops expectations again, but signs of spending pullback by Americans

ATLANTA (AP) — Home Depot topped profit and sales expectations in its most recent quarter, but sales continued to decline as inflation and soaring interest rates play a larger role in the spending choices made by Americans.
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