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  • WASHINGTON, May 4- The World Bank indirectly invests part of its $18.8 billion staff pension fund in companies in industries such as coal and tobacco, holdings that clash with the development institution's own calls for ethical and low-carbon investing. In an internal post to staff seen by Reuters, the World Bank's treasurer said around 40 percent of the fund's...

  • Masonite reports 1Q loss Monday, 4 May 2015 | 9:18 AM ET

    CONCORD, Ontario _ Masonite International Corp. on Monday reported a loss of $31.1 million in its first quarter. The Concord, Ontario- based company said it had a loss of $1.03 per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Tembec reports 2Q loss Monday, 4 May 2015 | 9:18 AM ET

    Montreal _ Tembec Inc. on Monday reported a loss of $31.6 million in its fiscal second quarter. On a per-share basis, the Montreal- based company said it had a loss of 32 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • WASHINGTON, May 4- The World Bank indirectly invests part of its $18.8 billion staff pension fund in companies in industries such as coal and tobacco, holdings that clash with the development institution's own calls for ethical and low-carbon investing. In an internal post to staff seen by Reuters, the World Bank's treasurer said around 40 percent of the fund's...

  • VANCOUVER, British Columbia— A U.S. passenger flight has made an emergency landing at Vancouver International Airport. Alaska Airlines Flight 76 was en route from Juneau, Alaska to Seattle, Washington, when problems arose with one of the plane's two electrical systems. The Boeing 737-400 touched down in Vancouver shortly before 5 p.m. local time on Sunday.

  • SPOKANE, Wash.— Federal investigators say a leaking oil train that hauled crude oil from North Dakota to Washington in January had tank cars with faulty valves, which also are installed on thousands of tank cars nationwide. The Federal Railroad Administration investigated the 100- car BNSF train because it had to have 14 cars with slow leaks removed after...

  • PORTLAND, Maine— Nova Scotia officials are asking ferry operators around the world for advice on how to provide less costly ferry service between Yarmouth, Nova Scotia and Maine. Nova Scotians are upset that Maine has not helped to subsidize the service, the Portland Press Herald reported. Paul LePage and Portland Mayor Michael Brennan.

  • OMAHA, Neb., May 1- Warren Buffett's Berkshire Hathaway Inc on Friday said first-quarter profit rose 10 percent, and operating results easily beat forecasts, boosted by its railroad and insurance businesses and gains from derivatives. Net income for the Omaha, Nebraska- based insurance and investment conglomerate rose to $5.16 billion, or $3,143 per share, from...

  • May 1- TransCanada Corp, Canada's second largest pipeline operator, reported a 10 percent rise in comparable earnings, helped by the positive impact of a stronger U.S. dollar on its U.S. pipeline operations and profits at its power businesses. TransCanada, the company behind the C $8 billion Keystone XL and C $12 billion Energy East pipelines, also said demand for...

  • Canada has promised to "harmonize" its regulations with the United States. The decision has angered the North American rail industry, but Transportation Secretary Anthony Foxx said his department believes it will stand up to any legal challenge. The Association of American Railroads, which has lawyers studying the rule, slammed the government for basing its...

  • MONTREAL, May 1- A United Nations civil aviation-led panel on Friday called for improved, fire-resistant packaging to ship lithium batteries, which pilots and plane makers say pose a fire risk. The International Civil Aviation Organization's dangerous goods panel agreed this week to set up a group of experts to develop safer packaging for the transport of...

  • OTTAWA, May 1- Canadian officials said on Friday a C $26.2 billion program to build 15 naval ships could end up below target and over budget, the latest challenge to Canada's troubled military procurement process. "Do we think that the C $26.2 billion is going to become the sort of ceiling cost in the time frame we're talking about? Canada's official spending...

  • WASHINGTON— International aviation officials are trying to quickly come up with safer packaging for cargo shipments of lithium-ion batteries on passenger planes after U.S. testing confirmed that aircraft fire suppression systems can't prevent overheated batteries from causing powerful explosions and fires. The hazardous cargo committee of the...

  • US, Canada set tough rail tanker safety rules Friday, 1 May 2015 | 2:17 PM ET
    Firefighters battle blazes after a freight train loaded with oil derailed in Lac-Megantic, Quebec, on July 6, 2013.

    After a series of fiery crashes, U.S. and Canadian regulators set tough new design standards on the rail cars used to ship flammable liquids.

  • May 1- TransCanada Corp, Canada's No.2 pipeline company by market value, reported a 10 percent rise in comparable earnings on Friday, helped by a stronger U.S. dollar and profits at its Eastern Canadian and U.S. power businesses. Earnings at TransCanada's Eastern Canadian power business increased nearly 41 percent in the quarter, while the U.S. Power business...

  • Despite growth in the high-tech sector, weaker demand from resource and energy companies is boosting vacancy rates in Vancouver, Calgary and Edmonton to levels unseen since Canada's economic slowdown of the early 1990 s, according to a Cushman& Wakefield report that will be released later this month. By the end of 2017, Calgary's vacancy rate is forecast to hit...

  • CALGARY, May 1- The center-right government of Alberta is trailing badly in polls ahead of Tuesday's election, setting the stage for a possible left-wing victory in the province, home to Canada's oil sands and the largest source of U.S. crude imports. A poll released on Friday showed the left-of-center New Democratic Party with 44 percent support in Alberta,...

  • WASHINGTON/ NEW YORK, May 1- The United States and Canada on Friday announced long-awaited safety rules for trains carrying oil, as regulators seek to reduce risks after a series of explosive accidents that accompanied a surge in crude-by-rail shipments. Under the rules, announced by Canada's Minister of Transport, Lisa Raitt and U.S. Tank cars built after...

  • TORONTO, May 1- A deal that would have allowed Canada's Turquoise Hill Resources Ltd to unload its remaining stake in Mongolian coal miner SouthGobi Resources, a company that was once worth billions of dollars, has fallen through. Turquoise Hill said on Friday that the agreement with National United Resources Holdings expired on April 30.

  • WASHINGTON/ NEW YORK, May 1- Long-awaited new safety rules for trains carrying oil in the United States and Canada were announced on Friday as regulators seek to reduce risks after a series of explosive accidents accompanied a surge in crude-by-rail shipments in recent years. Canada's Minister of Transport, Lisa Raitt and U.S. "This stronger, safer, more robust...