National Business

TORONTO — Canada's big banks are seeing their first glimmers of hope that an economic rebound is on its way, but their leaders say there’s still plenty to be wary of.

TORONTO — November brought a sense of urgency to the Toronto real estate market, where COVID-19 has people buying and selling homes for "completely different reasons" than before the pandemic, according to Peel-based broker Bethany King.

CALGARY — A Canadian oil company with production from both oilsands and light oil and gas wells is forecasting lower spending and little change in production in 2021. Athabasca Oil Corp.

Kroger's sales surged in the third quarter as COVID-19 infections rose rapidly in the fall and Americans restocked pantries in anticipation of spending more time at home.

SILVER SPRING, Md. — The U.S. services sector, where most Americans work, registered its sixth consecutive month of expansion in November.

TORONTO — The chief executive of Canadian Imperial Bank of Commerce says he's determined to protect and win more market share in areas like personal and small business banking as the COVID-19 pandemic continues to rage.

WASHINGTON — The number of Americans applying for unemployment benefits fell as the nation celebrated Thanksgiving last week to a still-high 712,000, the latest sign that the U.S.

WELLINGTON, New Zealand — New Zealand authorities have approved tech billionaire Sean Parker’s purchase of a one-third stake in film director Peter Jackson’s visual effects studio.

HONG KONG — Outspoken Hong Kong pro-democracy advocate and media tycoon Jimmy Lai was refused bail on Thursday on a fraud charge amid a growing crackdown on dissent in the semi-autonomous city.

DALLAS — American Airlines is taking its long-grounded Boeing 737 Max jets out of storage, updating key flight-control software, and flying the planes in preparation for the first flights with paying passengers later this month.