National Business

Sales of previously occupied U.S. homes rose for the second consecutive month in July, though only modestly from a year ago, suggesting the red-hot housing market may be cooling a little.

TORONTO — Trillium Therapeutics Inc. has signed a deal to be bought by Pfizer Inc. in an agreement valued at US$2.26 billion. Under the plan, Pfizer will pay US$18.50 per share in cash for the Mississauga, Ont.--based biotechnology company..

TORONTO — The Ontario Teachers' Pension Plan Board says the fund earned a total net return of 3.8 per cent in the first half of this year. The board says the return came as its assets grew to $227.

BEIJING (AP) — China’s microblogging platform Sina Weibo on Monday closed 145 accounts, some of which had defended pop star Kris Wu over his rape allegations, for publishing what it called “information harmful for maintaining social order.

MONTREAL — Rogers Sugar Inc. says Mike Walton has been named president and chief executive of Rogers Sugar and Lantic Inc., effective Oct. 4.

NEW YORK (AP) — Near the end of 2020, the pandemic had lasted long enough for author Jodi Picoult to try something that seemed unthinkable for novelists in its early stages — turn it into fiction.

WESTERLY, R.I. (AP) — Tropical Storm Henri hit the coast of Rhode Island Sunday afternoon, packing high winds that knocked out power to tens of thousands of homes and bands of rain that led to flash flooding from New Jersey to Massachusetts.

NEW ORLEANS (AP) — It's a neighborhood bar and restaurant, but for two extended weekends every year, the “regulars” at Liuzza's by the Track include an overflow crowd of tourists grabbing drinks and settling in for meals on their way in and out of th

CALGARY — With global climate change threatening to wreak havoc on their industry, insurance companies are increasingly looking to limit their exposure to the fossil fuel sector.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Debt report: Statistics Canada is set to release a report on trends in household non-mortgage loans and the evolution of household debt before and during the pandem