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Biden boosting vaccine allotments, financing for virus costs

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.
Canadian silver mining companies give up Monday's gains as apparent squeeze fails

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.
Uber will bring the booze after acquiring Drizly for $1.1B

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.
High demand and higher prices for Vancouver real estate in January: board

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.
Letko Brosseau and Brandes to oppose Dorel privatization despite sweetened offer

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.
Imperial Oil reports $1.15B loss on writedown, sees pandemic-related fuel demand cut

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.
Brookfield Property Partners swings to Q4 loss despite improved investment activity

Brookfield Property Partners swings to Q4 loss despite improved investment activity

TORONTO — Brookfield Property Partners LP says it swung to a loss in its latest quarter despite seeing a significant pickup in private real estate investment activity.
Brookfield Infrastructure selling Enwave business for US$4.1 billion

Brookfield Infrastructure selling Enwave business for US$4.1 billion

TORONTO — Brookfield Infrastructure has signed deals totalling US$4.1 billion to sell Enwave, its North American district energy business.
Regulators eye Reddit stock rallies, but manipulation may be hard to prove: Experts

Regulators eye Reddit stock rallies, but manipulation may be hard to prove: Experts

TORONTO — Canadian regulators have said they will act if they see "abusive" or "manipulative" trading, as Reddit and other social media sites stoke stock mania.
MDA starts working on Radarsat-2 surveillance satellite replacement

MDA starts working on Radarsat-2 surveillance satellite replacement

BRAMPTON, Ont. — MDA says it has started work on a replacement for its Radarsat-2 surveillance satellite. The company did not say how much the new project would cost or provide a timeline for a launch.