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Airbnb bans parties and groups over 16 people amid public health concerns

Airbnb bans parties and groups over 16 people amid public health concerns

Airbnb announced this week it would ban "all parties and events at Airbnb listings," setting a cap of 16 people per rental property. The home-sharing platform said the move was in the best interest of public health.
Michigan appeals court upholds governor's emergency powers

Michigan appeals court upholds governor's emergency powers

LANSING, Mich. — Michigan Democratic Gov.
TD reaches settlement after U.S. investigation into bank's overdraft practices

TD reaches settlement after U.S. investigation into bank's overdraft practices

TORONTO — The U.S. arm of TD Bank Group has reached a US$122-million settlement with the U.S. Consumer Financial Protection Bureau after an investigation into its marketing and sales practices related to its overdraft services. The U.S.
Low rates and heavy buyer demand send US home sales surging

Low rates and heavy buyer demand send US home sales surging

SILVER SPRING, Md. — Spurred by ultra-low mortgage rates, home buyers rushed last month to snap up a limited supply of existing houses, causing the pace of purchases to jump by a record-high 24.7%.
U.S. rival a 'wolf in sheep's clothing' attempting a takeover, charges Calfrac

U.S. rival a 'wolf in sheep's clothing' attempting a takeover, charges Calfrac

CALGARY — Calfrac Well Services Ltd. says a U.S. competitor urging shareholders to reject its recapitalization plan is a "wolf in sheep's clothing" whose real goal is a corporate takeover.
Cannabis retailers High Tide and Meta merge in deal giving them 63-store network

Cannabis retailers High Tide and Meta merge in deal giving them 63-store network

TORONTO — Cannabis retailers High Tide Inc. and Meta Growth Corp. will merge in a new deal that they say will make them the largest legal pot shop network in Canada.
UK public debt breaches 2 trillion-pound mark for first time

UK public debt breaches 2 trillion-pound mark for first time

LONDON — Britain's government debt has breached the 2 trillion-pound ($2.6 trillion) mark for the first time after heavy borrowing to support the economy during the coronavirus pandemic.

US home sales spike an unprecedented 24.7% in July

SILVER SPRING, Md. — U.S. home sales rose an unprecedented 24.7% in July as extraordinarily low mortgage rates, and a desire for more space in the pandemic, fuel demand.
Turkey discovers large natural gas reserve off Black Sea

Turkey discovers large natural gas reserve off Black Sea

ANKARA, Turkey — Turkish President Recep Tayyip Erdogan has announced the discovery of a large natural gas reserves off the Black Sea coast, days after he promised “good news” that would usher in a “new era” for the energy dependent country.
Ex-Trump aide Bannon pleads not guilty in border wall scheme

Ex-Trump aide Bannon pleads not guilty in border wall scheme

NEW YORK — President Donald Trump’s former chief strategist, Steve Bannon, was pulled from a luxury yacht and arrested Thursday on allegations that he and three associates ripped off donors trying to fund a southern border wall, making him the latest