National Business

WASHINGTON — U.S. new home sales fell 4.4% in February with bigger declines expected in coming months as the coronavirus puts a major crimp on home sales.

MADRID — This summer's Tokyo Olympics fell victim to the coronavirus crisis Tuesday as the death toll mounted rapidly in Europe and the United States, while American lawmakers closed in on a nearly $2 trillion deal to blunt the outbreak's economic da

BEIJING — Chinese authorities said Tuesday they will end a two-month lockdown of most of coronavirus-hit Hubei province at midnight, as domestic cases of what has become a global pandemic subside.

BANGKOK — Thailand's government approved on Tuesday a one-month state of emergency allowing it to impose stricter measures to control the coronavirus that has infected hundreds of people in the Southeast Asian country.

CALGARY — Precision Drilling Corp. says it is reducing staff, cutting salaries and lowering its capital spending plan in response to the COVID-19 pandemic and current market conditions.

WASHINGTON — Top congressional and White House officials emerged from grueling negotiations at the Capitol over the nearly $2 trillion coronavirus rescue package saying they expected to reach a deal Tuesday.

SASKATOON — Hundreds of employees are being sent home in northern Saskatchewan as Cameco Corp. suspends production at its Cigar Lake uranium mine and partner Orano Canada Inc. closes its affiliated McClean Lake uranium mill.

VICTORIA — British Columbia will spend $5 billion to help individuals, businesses and services endure the economic stresses of the COVID-19 pandemic, Premier John Horgan said Monday.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (11,228.49, down 632.32 points.) Aurora Cannabis Inc. (TSX:ACB). Health care. Down five cents, or 4.

TORONTO — Higher crude and gold prices couldn't help Canada's main stock index from sinking to start the trading week as heightened COVID-19 fears continued to grip investors.