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Strong lumber prices boost Resolute second quarter results at revenues nearly double

Strong lumber prices boost Resolute second quarter results at revenues nearly double

MONTREAL — Resolute Forest Products Inc. is reporting a very strong second quarter as net income soared on a near doubling of revenues as prices reached record highs.
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Suncor Energy cuts guidance for Fort Hills due to slope instability at mine site

Suncor Energy cuts guidance for Fort Hills due to slope instability at mine site

CALGARY — Suncor Energy Inc. said Thursday it will produce less bitumen than expected this year from its Fort Hills oilsands mine.
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Agnico Eagle profit soars amid higher sales, increasing metal prices

Agnico Eagle profit soars amid higher sales, increasing metal prices

TORONTO — Agnico Eagle Mines Ltd. says its profit rose in its latest quarter as it benefited from an increase in sales volumes and higher realized metal prices. The Canadian gold mining company reported a second-quarter net income of US$189.
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Second-hand goods can fetch a pretty penny, if you follow these resale experts' tips

Second-hand goods can fetch a pretty penny, if you follow these resale experts' tips

TORONTO — Canadians who rooted around dusty basements or tackled overflowing closets during the pandemic are keeping vintage stores, auction houses and resale websites busy as they try to get rid of their finds.
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West Fraser Q2 profits surge as revenues more than quadruple on Norbord acquisition

West Fraser Q2 profits surge as revenues more than quadruple on Norbord acquisition

VANCOUVER — West Fraser Timber Co. Ltd. says its profits surged in the second quarter as revenues more than quadrupled following the acquisition of Norbord. The Vancouver-based forestry company says it earned US$1.49 billion or $12.
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US jobless claims down 24,000 to 400,000 as economy recovers

US jobless claims down 24,000 to 400,000 as economy recovers

WASHINGTON (AP) — The number of Americans collecting unemployment benefits slid last week, another sign that the job market continues to recover rapidly from the coronavirus recession.
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Spanish judge recommends Shakira face tax fraud trial

Spanish judge recommends Shakira face tax fraud trial

BARCELONA, Spain (AP) — A Spanish judge investigating alleged tax fraud by Colombian musician Shakira recommended on Thursday that the case go to trial after concluding there is evidence that the pop star could have avoided her fiscal obligations to
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Ron Popeil was the sizzle of American ingenuity, personified

Ron Popeil was the sizzle of American ingenuity, personified

Come, young ones: Gather around the glow of the smartphone's screen for a tale of a distant time when we watched TV on big boxy machines, and switched channels when we were bored.
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Infrastructure deal: Senate suddenly acts to take up bill

Infrastructure deal: Senate suddenly acts to take up bill

WASHINGTON (AP) — The Senate voted Wednesday night to begin work on a nearly $1 trillion national infrastructure plan, acting with sudden speed after weeks of fits and starts once the White House and a bipartisan group of senators agreed on major pro
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CP Rail says ruling on CN-KCS merger expected soon; CP not giving up on its own bid

CP Rail says ruling on CN-KCS merger expected soon; CP not giving up on its own bid

CALGARY — With a U.S. regulator set to rule soon on Canadian National Railway Co.'s proposed merger with Kansas City Southern, rival Canadian Pacific Railway Ltd. says it stands "ready to re-engage" with KCS if CN's $33.
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