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U.S. durable goods orders drop 1.3% in April

U.S. durable goods orders drop 1.3% in April

WASHINGTON (AP) — U.S. orders for big-ticket manufactured goods dropped unexpectedly in April for the first time in 11 months as a shortage of computer chips disrupted auto production.
Economic boost coming in the back half of 2021, if vaccination stays effective: CIBC

Economic boost coming in the back half of 2021, if vaccination stays effective: CIBC

TORONTO — The chief executive of Canadian Imperial Bank of Commerce is expecting the country to soon experience an economic boost as more people become fully vaccinated against COVID-19. "Our neighbours to the south...
Lawrence Block's memoir recalls a colorful writing career

Lawrence Block's memoir recalls a colorful writing career

NEW YORK (AP) — Lawrence Block has followed many paths during his long career. “With not a few dead end roads among them,” notes the mystery novelist.
Met Opera deal allow solo singer fees cut by up to 12.7%

Met Opera deal allow solo singer fees cut by up to 12.7%

NEW YORK (AP) — The Metropolitan Opera would be able to cut the fees of its highest-paid individual singers by 12.7% under a pending four-year contract with the American Guild of Musical Artists.
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 (19,745.47, up 181.35 points.) Suncor Energy Inc. (TSX:SU). Energy. Up nine cents, or 0.32 per cent, to $27.98 on 14.6 million shares.
Black entrepreneurs say access to capital among challenges to success, survey finds

Black entrepreneurs say access to capital among challenges to success, survey finds

Jae Anthony has experienced first-hand how raising capital can be an inequitable process for Black Canadians.
S&P/TSX composite outpaces U.S. markets in record run pushed by commodities sector

S&P/TSX composite outpaces U.S. markets in record run pushed by commodities sector

TORONTO — Canada's main stock index outpaced U.S. markets and pushed further into record territory amid a broad-based rally helped by the commodities sector. The S&P/TSX composite index closed up 181.35 points to 19,745.
At least 2 Exxon board members lose seats in climate fight

At least 2 Exxon board members lose seats in climate fight

NEW YORK (AP) — Exxon Mobil’s shareholders have voted to replace at least two of the company's 12 board members with directors who are seen as better suited to fight climate change, bolster Exxon’s finances and guide it through a transition to cleane
Bank of Canada digital currency would be greener than Bitcoin, deputy says

Bank of Canada digital currency would be greener than Bitcoin, deputy says

OTTAWA — A senior official at the Bank of Canada says any digital currency the central bank may offer in the future would be more environmentally friendly than Bitcoin and other rivals.
CN promises sale of KCS line between New Orleans and Baton Rouge to win approval

CN promises sale of KCS line between New Orleans and Baton Rouge to win approval

Canadian National Railway Co. says it has made a pre-emptive move to address competition concerns from the U.S. regulator by agreeing to sell Kansas City Southern's line between New Orleans and Baton Rouge.