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CREA reports August home sales up from year ago, raises forecast for 2019

CREA reports August home sales up from year ago, raises forecast for 2019

OTTAWA — The Canadian Real Estate Association raised its forecast for home sales this year, helped by economic fundamentals and falling mortgage rates.
"It" is tops again; "Hustlers" full of flash at box office

"It" is tops again; "Hustlers" full of flash at box office

LOS ANGELES — It wasn't quite enough to take down Pennywise the clown, but Jennifer Lopez and the scheming strippers of "Hustlers" topped even the high expectations they brought to the weekend box office. "It: Chapter Two" brought in $40.

Blackstone signs deal to acquire Dream Global Real Estate Investment Trust

TORONTO — Blackstone has signed a deal to acquire Dream Global Real Estate Investment Trust in a deal valued at $6.2 billion, including debt.
Trump: US locked and loaded for response to attack on Saudis

Trump: US locked and loaded for response to attack on Saudis

DUBAI, United Arab Emirates — A weekend drone attack on Saudi Arabia that cut into global energy supplies and halved the kingdom's oil production threatened Sunday to fuel a regional crisis, as the U.S.
Union votes to strike at General Motors' US plants

Union votes to strike at General Motors' US plants

DETROIT — Roughly 49,000 workers at General Motors plants in the U.S. plan to go on strike just before midnight Sunday, but talks between the United Auto Workers and the automaker will resume.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Home sales The Canadian Real Estate Association will release its home sales figures for August on Monday.
Rapid rise of co-working providing needed space as big cities feel crunch

Rapid rise of co-working providing needed space as big cities feel crunch

TORONTO — When Rahul Raj was ready to move his small but growing business out of his home, he found a range of flexible options waiting for him despite Toronto's tight office market thanks to a boom in co-working.
Saudi Arabia: Drone attacks knocked out half its oil supply

Saudi Arabia: Drone attacks knocked out half its oil supply

DUBAI, United Arab Emirates — Yemen's Houthi rebels launched drone attacks on the world's largest oil processing facility in Saudi Arabia and a major oil field Saturday, sparking huge fires and halting about half of the supplies from the world's larg

Discounted movie subscription service MoviePass shuts down

NEW YORK — MoviePass, the movie ticket subscription service that allowed subscribers to buy up to three movie tickets per month for a small fee, shut down Saturday. Its future is unclear.
NY finds $1B in hidden transfers by family behind OxyContin

NY finds $1B in hidden transfers by family behind OxyContin

NEW YORK — The family that owns OxyContin maker Purdue Pharma used Swiss and other hidden accounts to transfer $1 billion to themselves, New York's attorney general contends in court papers filed Friday.