National Business

WASHINGTON — U.S. home prices rose in February at the fastest pace in nearly seven years as strong demand for housing collided with a tight supply of homes on the market.

BEIJING — A tanker spilled oil into the sea off one of China’s busiest ports Tuesday after being struck by another vessel, the government and the ship's manager said. The A Symphony was hit at about 8:50 a.m.

The competing bids for U.S. railway Kansas City Southern each received a boost over the weekend, further complicating the rivalry between Canada's two largest railroads. The transport regulator in the U.S.

Canadian National Railway has boosted its earnings guidance for the year as it anticipates a recovery of the North American economy. "The economy ahead of us looks good. The operating metrics are solid.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,170.56, up 68.23 points.) Roxgold Inc. (TSX:ROXG). Materials. Up 29 cents, or 15.1 per cent, to $2.21 on 27.9 million shares.

TORONTO — Canada's main stock index started the trading week slightly higher as North American markets were stable ahead of a busy week for U.S. corporate earnings, while the loonie rose against the U.S. dollar.

TORONTO — BCE's unsuccessful bid for Shaw Communications Inc. has renewed speculation about which other telecom companies could be takeover targets for Bell, Rogers or Telus. BCE Inc.

NEW YORK — The Academy Awards television audience on ABC plunged to 9.85 million viewers, less than half of Oscars' previous low and continuing the startling trend of viewer tune out for awards shows.

NEW YORK — Apple Music is coming to a city near you — the streaming service has launched daily music charts focused on particular cities around the world, including New York City, Tokyo and Lagos.

RALEIGH, N.C. — Apple is expanding spending in the U.S. and announced plans Monday to build its first East Coast campus, in North Carolina. The iPhone maker is boosting U.S.