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Exxon shareholders reject climate-change resolutions

DALLAS — Shareholders at Exxon’s annual meeting rejected several resolutions backed by environmentalists that would have pushed the company to take a stronger stand in favour of steps to limit climate change.

CEO Rex Tillerson said the company was balancing its responsibility to produce more energy to meet growing demand with environmental considerations.

If you renovated your house, you need to update your home insurance

OTTAWA — Homeowners need to regularly check and update their home insurance policies or risk having insufficient coverage when disaster strikes, insurance experts say.

The need to review and update a policy is especially important for those who have done renovations because changes to the property could render the policy void if the insurer hasn’t been informed.

Senators to airlines: Drop bag fees to shorten airport lines

DALLAS — Two U.S. senators say one way to reduce long airport security lines this summer is for airlines to drop their fees on checking luggage.

It’s the latest suggestion for dealing with what could be a hellish summer at the nation’s airports. Airlines are already warning passengers to arrive at least two hours early to get through security and catch their flights.

Resolute to close Georgia newsprint machine despite better demand environment

MONTREAL — Resolute Forest Products is permanently shutting one of its U.S. newsprint machines even though demand is showing signs of stabilizing after years of dramatic decreases.

The Montreal-based pulp, paper and lumber producer said a machine at its mill in Augusta, Ga., isn’t competitive because of the high U.S. dollar. About 100 jobs will be affected by the closure.