Bloomberg Canadian National Railway Co. is open to transferring the crude-by-rail contracts that it signed with Alberta to private companies or to striking other arrangements that put its spare shipping capacity to use, Chief Executive Officer Jean-Jacques Ruest said. The company shipped about 125,000 to 150,000 barrels a day last month, but could “easily” ramp that up to 200,000 if …

Bloomberg US new-home construction rose for a second month and topped estimates in April in a sign of positive momentum for the housing sector at the start of the second quarter. Residential starts increased 5.7% to a 1.24 million annualised rate after a 1.7% gain in March that was previously reported as a drop, according to government figures. Permits, a …

Bloomberg US equity futures dropped alongside stocks in Europe as the fallout of White House moves against Chinese telco giant Huawei rippled through the technology industry. Bonds pared an earlier loss while crude oil advanced. Contracts on the Nasdaq 100 led US declines and pointed to a weak opening in New York, while software and chip maker shares helped pull …