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House votes to block China from buying oil from US reserves

House votes to block China from buying oil from US reserves

WASHINGTON (AP) — The Republican-controlled House on Thursday voted to block oil from the country's emergency stockpile from going to China.
US inflation eases grip on economy, falling for a 6th month

US inflation eases grip on economy, falling for a 6th month

WASHINGTON (AP) — Rising U.S. consumer prices moderated again last month, bolstering hopes that inflation’s grip on the economy will continue to ease this year and possibly require less drastic action by the Federal Reserve to control it .
How technology used by NASA on Mars could reduce emissions from Canada's oilsands

How technology used by NASA on Mars could reduce emissions from Canada's oilsands

CALGARY — The same technology used to search for signs of ancient life on Mars could be key to reducing greenhouse gas emissions from the Canadian oilsands.
BoC to lose billions over next few years, posing communications challenge: report

BoC to lose billions over next few years, posing communications challenge: report

OTTAWA — The Bank of Canada may lose up to $8.8 billion over the next few years, according to a new report warning the central bank may run into a communications challenge as a result of the losses. The report from the C.D.
Looking to insure your engagement ring? Review your home policy first

Looking to insure your engagement ring? Review your home policy first

TORONTO — Diamonds may be forever, but most know all it takes is an errant slip or a forgetful wearer for wedding and engagement rings to end up lost for good. Before walking down the aisle, many Canadian couples look into insuring their new rock.
Algonquin slashes quarterly dividend, plans $1B more in asset sales

Algonquin slashes quarterly dividend, plans $1B more in asset sales

OAKVILLE, Ont. — Algonquin Power and Utilities Corp. slashed its dividend by 40 per cent and said it will look to sell an additional $1 billion in assets as part of a plan to strengthen its financial position.
Cannabis company Organigram reports Q1 profit as revenue and margins improve

Cannabis company Organigram reports Q1 profit as revenue and margins improve

TORONTO — Organigram Holdings Inc. reported a profit in its latest quarter compared with a loss a year earlier as its revenue and margins improved. The cannabis company says it earned net income of $5.3 million for the quarter ended Nov.
US applications for jobless benefits lowest in 15 weeks

US applications for jobless benefits lowest in 15 weeks

WASHINGTON (AP) — U.S. applications for unemployment benefits fell to their lowest level in 15 weeks as the job market continues to show resiliency in the face of attempts by the Federal Reserve to cool the economy.
Striking New York City nurses reach deal with hospitals

Striking New York City nurses reach deal with hospitals

NEW YORK (AP) — Two New York City hospitals have reached a tentative contract agreement with thousands of striking nurses that ends this week's walkout that disrupted patient care, officials announced Thursday.
UAE names oil company chief to lead UN COP28 climate talks

UAE names oil company chief to lead UN COP28 climate talks

DUBAI, United Arab Emirates (AP) — The United Arab Emirates on Thursday named a veteran technocrat who both leads Abu Dhabi's state-run oil company and oversees its renewable energy efforts to be the president of the upcoming United Nations climate n