National Business

DEER PARK, Texas (AP) — A fire that burned for four days after a pipeline explosion in the Houston suburbs burned out Thursday after the once-towering blaze had put hundreds of nearby homes under evacuation orders, city officials said.

LANGLEY, B.C. — Police in Langley, B.C., say one person is dead in a crash between a car and a motorcycle on Highway 1 that shut down the route for hours.

OTTAWA — The head of Via Rail repeatedly told MPs a train delay over the Labour Day long weekend was an isolated incident, despite a similar event two years ago.

MONTREAL — Canadian National Railway Co. told employees this week it plans to relocate its operations in Jasper to near Hinton, Alta., about 100 kilometres away.

VANCOUVER — West Fraser Timber Co. Ltd. says it's indefinitely curtailing its sawmill in Lake Butler, Fla., by the end of the month. The Vancouver-based company says the decision is because of high fibre costs and soft lumber markets.

Rogers Communications' plan to buy out Bell's ownership share of Maple Leaf Sports & Entertainment could become a big victory for an emerging power player on the sports media scene.

MONTREAL — Bakery company Bimbo Canada says it's closing its bakery in Quebec City by the end of the year, affecting about 141 workers.

OTTAWA — Treasury Board President Anita Anand has been sworn in as federal transport minister at a ceremony at Rideau Hall, taking over a portfolio left vacant after Pablo Rodriguez resigned from cabinet and the Liberal caucus on Thursday.

NEW YORK (AP) — Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates . The S&P 500 jumped 1.

TORONTO — Canada's main stock index gained more than one per cent on Thursday, while U.S. stock markets rallied to new records a day after the U.S. Federal Reserve cut its key interest rate.