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Pipeline spills 300,000 gallons of diesel near New Orleans

Pipeline spills 300,000 gallons of diesel near New Orleans

NEW ORLEANS (AP) — A severely corroded pipeline ruptured and spilled more than 300,000 gallons (1.1 million liters) of diesel fuel just outside New Orleans after needed repairs on the line were delayed by its operator, according to federal records.

Brainard vows to help combat inflation as No. 2 Fed official

WASHINGTON (AP) — Lael Brainard pledged in written remarks Wednesday to help the Federal Reserve fight a spike in inflation while still supporting the economic recovery — a tricky balancing act she would face if confirmed as the Fed's No. 2 official.
Reitmans exits court protection after 20 months; pays $95 million to creditors

Reitmans exits court protection after 20 months; pays $95 million to creditors

MONTREAL — Reitmans (Canada) Ltd. says it has paid creditors $95 million as it exits creditor protection after about 20 months. The Montreal-based company says it has paid court-appointed monitor Ernst & Young Inc.
US Mint begins shipping quarters honoring Maya Angelou

US Mint begins shipping quarters honoring Maya Angelou

WASHINGTON (AP) — The United States Mint said Monday it has begun shipping quarters featuring the image of poet Maya Angelou, the first coins in its American Women Quarters Program.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (21,395.00, up 120.19 points.) Suncor Energy Inc. (TSX:SU). Energy. Up one cent, or 0.03 per cent, to $35.19 on 14.6 million shares.
Aritzia beats expectations as third-quarter profits more than double on revenue boost

Aritzia beats expectations as third-quarter profits more than double on revenue boost

VANCOUVER — Aritzia Inc. handily beat expectations as its net profit more than doubled on a big boost in revenues in the third quarter of its fiscal year. The Vancouver-based clothing retailer says it earned $64.
Imperial to market Montney, Duvernay assets in central Alberta

Imperial to market Montney, Duvernay assets in central Alberta

CALGARY — Imperial Oil Ltd. says it intends to market its more than 260,000 hectares of assets in the Montney and Duvernay oil and gas-producing areas of central Alberta.
Commodity prices help lift S&P/TSX composite. loonie despite surging U.S. inflation

Commodity prices help lift S&P/TSX composite. loonie despite surging U.S. inflation

TORONTO — Commodity price gains helped lift Canada's main stock index and the loonie even as U.S. inflation was at its hottest in nearly four decades last month. The S&P/TSX composite index closed up 120.19 points to 21,395.00.
Truckers say vaccine requirement for crossing border will exact economic toll

Truckers say vaccine requirement for crossing border will exact economic toll

MONTREAL — Truckers are warning that a Saturday deadline requiring them to be vaccinated in order to enter Canada will put additional strain on supply chains amid the latest COVID-19 surge and severe worker shortages.
Inflation at 40-year high pressures consumers, Fed and Biden

Inflation at 40-year high pressures consumers, Fed and Biden

WASHINGTON (AP) — Inflation jumped at its fastest pace in nearly 40 years last month, a 7% spike from a year earlier that is increasing household expenses, eating into wage gains and heaping pressure on President Joe Biden and the Federal Reserve to