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Federal Reserve expands lending program to non-profit groups

Federal Reserve expands lending program to non-profit groups

WASHINGTON — The Federal Reserve has opened one of its lending programs to non-profit groups, including hospitals, educational institutions, and social service organizations.
June home construction jumps 17.3% when states reopened

June home construction jumps 17.3% when states reopened

SILVER SPRING, Md. — Construction of U.S. homes jumped 17.3% in June as some states reopened, but the pace still lags last year after this spring's massive slowdown in building activity due to the coronavirus outbreak.
Wholesale sales ticked higher in May after record plunge in April

Wholesale sales ticked higher in May after record plunge in April

OTTAWA — Wholesale sales in Canada ticked higher in May after posting a record plunge in April due to the COVID-19 pandemic, Statistics Canada said Friday. The government agency said wholesale sales rose 5.7 per cent to $52.
Cineplex lays off 130 workers in Canada and U.S. amid COVID-19 troubles

Cineplex lays off 130 workers in Canada and U.S. amid COVID-19 troubles

TORONTO — Cineplex Inc. says it is laying off more than 130 workers as the company continues to grapple with the COVID-19 pandemic and a takeover deal that has turned litigious. The Toronto-based theatre chain says workers in Canada and the U.S.
Rising gold to offset Q2 pandemic hits on precious metals miners, say analysts

Rising gold to offset Q2 pandemic hits on precious metals miners, say analysts

CALGARY — Despite negative impacts of the COVID-19 pandemic on production and costs, rising prices for gold are expected to buoy results as Canada's precious metals miners begin rolling out second-quarter financial results next week.
Rising gold to offset Q2 pandemic hits on precious metals miners, say analysts

Rising gold to offset Q2 pandemic hits on precious metals miners, say analysts

CALGARY — Rising prices for gold are expected to buoy results as Canada's precious metals miners begin rolling out second-quarter financial results next week.

B.C. to get $2.2B in COVID-19 support, Horgan celebrates paid sick leave program

VICTORIA — British Columbia Premier John Horgan says he's proud that a national sick leave program has been announced as part of $19 billion in federal funding to support the provinces and territories during the COVID-19 pandemic.
CDC extends US ban on cruise ships through September

CDC extends US ban on cruise ships through September

WASHINGTON — Federal health officials are extending the U.S. ban on cruise ships through the end of September as coronavirus infections rise in most U.S. states, including Florida.

Leisure Acquisition pulls plug on merger agreement with Gateway Casinos

A U.S. company has terminated its merger agreement with Canada's Gateway Casinos and Entertainment Ltd. that could have created a publicly traded company valued at nearly $1.5 billion. Leisure Acquisition Corp.
Arkansas to require face masks to combat coronavirus surge

Arkansas to require face masks to combat coronavirus surge

LITTLE ROCK, Ark. — Arkansas Gov. Asa Hutchinson issued an order Thursday requiring people to wear face masks in public throughout the state, which has had a surge in coronavirus cases over the past several weeks.