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National Business
National Business
Exxon clamps down on spending, 4Q revenue nearly flat
With all of the challenges of 2020, ExxonMobil focused on clamping down on expenses and managed to bring its full-year spending down nearly $10 billion from the year before. Spending for the year totalled $21.4 billion, which included $4.
Feb 2, 2021 1:29 PM
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It's not just GameStop worrying Wall Street about a bubble
NEW YORK — Now, even the pros on Wall Street are asking if the stock market has shot too high. U.S.
Feb 2, 2021 12:53 PM
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Agriculture secretary nominee Vilsack endorses biofuels push
WASHINGTON — Tom Vilsack, President Joe Biden's nominee for secretary of agriculture, pledged Tuesday to focus on climate change initiatives and work to address racial inequities in agricultural assistance programs.
Feb 2, 2021 12:51 PM
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Driller killed, two other miners hurt in accident at southern Interior B.C. mine
KAMLOOPS, B.C. — The BC Coroners Service confirmed Tuesday a worker has died in a mining accident near Kamloops, B.C., and the mine owner reports two other workers were also hurt.
Feb 2, 2021 12:49 PM
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Biden boosting vaccine allotments, financing for virus costs
WASHINGTON — President Joe Biden’s administration announced Tuesday that it is moving to expand access to COVID-19 vaccines, freeing up more doses for states and beginning to distribute them to retail pharmacies next week.
Feb 2, 2021 12:44 PM
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Canadian silver mining companies give up Monday's gains as apparent squeeze fails
CALGARY — Canadian silver mining companies are giving back double-digit share price increases gained Monday as an apparent drive by online retail investors to boost interest in the shiny metal grinds to a halt.
Feb 2, 2021 12:28 PM
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Uber will bring the booze after acquiring Drizly for $1.1B
NEW YORK — Uber is bringing the booze. The mobile ride-hailing company said Tuesday that it is acquiring the alcohol-delivery platform Drizly for $1.1 billion in stock and cash.
Feb 2, 2021 11:56 AM
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High demand and higher prices for Vancouver real estate in January: board
VANCOUVER — Homes sales in much of Metro Vancouver in January increased by 52.1 per cent compared with sales from the same time last year.
Feb 2, 2021 11:26 AM
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Letko Brosseau and Brandes to oppose Dorel privatization despite sweetened offer
MONTREAL — Two large shareholders of Dorel Industries Inc. say they will vote against a proposal to take the company private despite a move by Cerberus Capital Management LP to raise its offer.
Feb 2, 2021 10:49 AM
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Imperial Oil reports $1.15B loss on writedown, sees pandemic-related fuel demand cut
CALGARY — Sagging fuel demand due to lockdowns to deal with a second wave of the COVID-19 pandemic is again cutting into volumes and returns at refineries at Imperial Oil Ltd. after a recovery last fall, CEO Brad Corson said Tuesday.
Feb 2, 2021 10:27 AM
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