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Toronto home prices jump 33% in March as market tightens

  Bloomberg Toronto’s residential housing market showed no signs of cooling last month, with the average sale price soaring a record 33 percent from a year ago, pushing the cost of a detached home in the heart of the city to almost C$1.6 million ($1.2 million). In Toronto and surrounding suburbs prices climbed by a third in every major housing ...

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US firms turn to European targets as home deals lag

  Bloomberg Uncertainty about President Donald Trump’s domestic policies and weak European currencies buoyed outbound dealmaking by US companies during the first quarter of the year. US acquirers spent more than $70 billion on European targets in the three months to March 31, more than double the amount they dropped in the same period a year earlier and the most ...

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Seattle’s try to unionize Uber, Lyft drivers hits roadblock

  Bloomberg Seattle’s first-in-the-nation law allowing drivers-for-hire to unionize was blocked by a federal judge, giving a boost to ride-hailing companies such as Uber Technologies Inc. and Lyft Inc. US District Judge Robert Lasnik in Seattle on Tuesday granted a request by the US Chamber of Commerce to put the city’s ordinance on hold before it goes into effect. The ...

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