Canada’s Competition Bureau has launched investigations into the parent companies of grocery chains Loblaw and Sobeys for alleged anticompetitive conduct according to court documents. Anne Gaviola has more on the probes in Business Matters for May 24, 2024.
"I spent my entire day inside a Starbucks applying for other jobs, went home, and got paid, but I never returned."
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Toyota is recalling about 145,000 vehicles due to an airbag problem, the automaker said last week. Here's which models are affected.
Though your pre-retirement income alone isn't enough to determine if you'll retire comfortably, it certainly plays a role. For example, if you're earning a middle-class salary, the amount you allocate...
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The chip maker looks to have been hit by fears over a potentially stretched valuation and news that CEO Jensen Huang has been selling stock through a trading plan.
Those in the 10-year countdown to retirement reported a median savings of $47,950.
Canada accused China of "anticompetitive practices" as it announced it is set to launch a public consultation exploring potential tariffs on Chinese electric vehicles (EVs), similar to that carried out by the US government. The month-long drive to solicit public opinion, which starts on July 2, will pave the way for policies to protect workers in Canada's automotive industry and its growing EV businesses from unfair trade practices, the Department of Finance said in a statement. At present, no C
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Pre-retirees often give plenty of thought to the age to start planning their retirement, whether this means claiming their Social Security benefits early at age 62 or working until they're 70 for...
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China’s Commerce minister told German counterpart it was open to negotiating tariffs but wasn’t afraid to retaliate.
DALIAN, China (Reuters) -China's Premier Li Qiang used his address at a World Economic Forum meeting in Dalian to hit back at accusations from the U.S. and EU that Chinese firms benefit from unfair subsidies and are poised to flood their markets with cheap green technologies. Li's comments come as China and the European Union prepare to host technical talks on the planned imposition of tariffs on Chinese-made electric vehicles (EVs) imported into the 27-strong bloc and after the United States unveiled steep tariff hikes on an array of Chinese imports, including EV batteries, in May. "China's production of advanced electric vehicles, lithium-ion batteries and photovoltaic products, etcetera, first met our domestic demand, but also enrich global supply," Li said in opening remarks in the northeastern Chinese city on Tuesday.
CALGARY — The regulator responsible for overseeing Alberta's oil and gas sector has released a new report projecting the province's oilsands production will grow by more than 17 per cent by 2033.
PacifiCorp, a utility owned by Warren Buffett's Berkshire Hathaway, agreed to a $150 million settlement with 378 plaintiffs arising from one of the 2020 wildfires that devastated parts of Oregon and northern California. The settlement announced on Monday resolves substantially all individual claims in northern California related to the Slater Fire, which burned approximately 157,000 acres (63,536 hectares) over two months and crossed into Oregon before being contained. PacifiCorp has paid more than $1 billion to settle more than 1,600 claims arising from the Labor Day weekend fires with individuals and businesses in Oregon and California.
PARIS (Reuters) -Engine maker CFM's wariness to ramp up supplies significantly to Airbus at a time of stress for its other key customer Boeing was likely one factor in Airbus' move to delay planned jet output increases, industry sources said on Tuesday. On Monday, Airbus delayed a multi-year hike in narrowbody production, cut profit forecasts and trimmed its 2024 delivery target, blaming shortages of engines and other parts and sending shares in Europe's largest aerospace group tumbling on Tuesday. CFM, a transatlantic venture of GE Aerospace and France's Safran, makes LEAP engines that power all Boeing 737 MAX jets and typically just over half of the competing Airbus A320neo family, where they compete with the Geared Turbofan of RTX subsidiary Pratt & Whitney.
One of the architects of the Post Office Horizon accounting system has admitted there were "discreet" bugs but it generally "worked well", dismissing suggestions he had knowledge of widespread flaws.
A CDK Global system outage has affected nearly every aspect of the Mazda dealership in Seekonk, Massachusetts, where Ryan Callahan is general sales manager. He says it won’t be a simple fix.
Robin Zeng, the founder and chairman of Contemporary Amperex Technology Ltd (CATL), has urged Chinese electric vehicle (EV) builders and car component manufacturers to cease the price war engulfing the sector and focus on ensuring the reliability of their products. Speaking at the 15th Annual Meeting of the New Champions, also known as the Summer Davos, the boss of the world's largest EV battery maker joined the chorus of recent voices warning that such intense price competition may come at the
NEW YORK (AP) — Car dealerships in North America are still wrestling with major disruptions that started last week with cyberattacks on a company whose software is used widely in the auto retail sales sector.
