Canadians frustrated with rising groceries prices have pledged to boycott Loblaw-owned stores for the month of May. On the same day it was set to begin, Canada's largest grocer reported a nearly 10 per cent increase in profits.
Canada is one of the biggest oil sands producers in the world. Companies like Suncor Energy, Canadian Natural Resources and Imperial Oil have oil sands projects within 150 km of Fort McMurry, an oil sands hub in Northern Alberta, with many workers living in the city.
TORONTO — Canadians are continuing to be laid off as part of a wave of job cuts that began in 2023 as companies assessed their operations after the height of the COVID-19 pandemic passed. Tech companies, retailers and more have all begun shedding members of their workforce in a bid to navigate the economic downturn. These are some of the companies which have so far laid off Canadian workers in 2024: BCE Inc.: The Montreal-based telecommunications giant said on Feb. 8 it was cutting 4,800 jobs "a
An attorney said he has spoken to “20 to 30 times more people” who say they were abused at the Michigan facility.
Defining the middle class is tricky. According to the Pew Research Center, you could be considered "middle class" if your household income is two-thirds to double the national median income -- so...
GM's Artisan Innovation Center at its Warren, Michigan, Tech Center is home to a team of skilled tradespeople who hand-build cars from the ground up.
SHANGHAI (Reuters) -Chinese electric vehicle maker Nio said on Thursday it would launch one new model per year under its lower-priced Onvo brand and price them similarly to gasoline vehicles, as the firm expands its lineups to family cars in the country's overcrowded auto market. The announcement came a day after the company unveiled the Onvo L60 SUV with a sticker price starting from 219,900 yuan ($30,476), 12% below the price of Tesla's Model Y which starts at 249,900 yuan in China. Nio said on Thursday it would have a second Onvo model targeting larger families coming up next and expected the newly launched brand to positively contribute to its overall profitability when monthly sales reach 20,000 units.
A Quebec Superior Court judge has rejected an injunction request to dismantle the pro-Palestinian encampment at McGill University. Lawyers for McGill went to court to ask for a provisional injunction and since then negotiations between protesters and the university are at a standstill. Global’s Gloria Henriquez explains.
One of the biggest concerns for most retirees is whether they will have enough money to see them through retirement. Many times, retirement money may be placed into accounts that are not easily...
McDonald’s plans to introduce a $5 meal deal in the U.S. next month to counter slowing sales and customers’ frustration with high prices. The deal would let customers get a four-piece McNugget, small fries, a small drink and either a McDouble burger or a McChicken sandwich for $5 in most areas, according to a person familiar with the deal who wasn’t authorized to discuss its details. The month-long deal is scheduled to begin June 25 and will be advertised nationally. Some stores with higher cost
Ford Motor Co has asked its electric-vehicle suppliers to reduce costs in an attempt to support profitability, saying "everything is on the table," according to a company memo seen by Reuters. Discounts and sharp price cuts from competitors, including EV market leader Tesla, to sustain consumer demand amid high interest rates have forced Ford to reciprocate. "To ensure affordability, it is of paramount importance that our portfolio achieves further levels of material cost efficiency."
Sources tell KCRA 3 a Modesto ice cream factory is set to close, which could leads to hundreds of layoffs
Thousands of brand new vehicles are waiting in the large car park of French auto maker Renault on the outskirts of Tangier to be transported to the port of Tanger Med on their way to Europe. They are a testimony to the success of Morocco's automotive sector, which is breaking records every year in both production and exports.
High energy costs, weak global demand, a disruptive shift towards net-zero economies, and growing competition from China are raising existential questions for Germany's economic model. CEOs and business lobbies say its historically strong industrial base is close to cracking, a "de-industrialisation" risk often accompanied by calls for government support. Monthly industrial production data give the most obvious snapshots of how the sector is doing, and they show a clear decline since the end of 2017, exacerbated by the COVID-19 pandemic and now the Ukraine war.
More female surgeons and anesthesiologists in operating rooms could result in better outcomes for patients, new Canadian research suggests.
The Supreme Court ruled Thursday that the federal watchdog created in response to the 2008 financial meltdown may continue to operate in its current form, brushing aside claims from the payday lending industry that could have severely jeopardized years of consumer-friendly banking regulations.
A consultant the Chicago Blackhawks hired to improve relationships with American Indian tribes has filed a lawsuit accusing the team, its charity foundation and its CEO of fraud, breach of contract and sexual harassment. Nina Sanders filed the civil action late Tuesday in Cook County Circuit Court. Wirtz promised that he would create positions for American Indians, buy land to give to the Sac and Fox Nation and change the team's logo if she decided to accept the job, according to the lawsuit.
TANGIERS, Morocco (AP) — A train that travels from rural northern Morocco to a port on the Mediterranean Sea carries no passengers. Three times a day, it brings hundreds of cars stacked bumper to bumper from a Renault factory outside Tangiers to vessels that transport them to European dealerships. Business incentives and investing in infrastructure like the freight railway line have allowed Morocco to grow its automotive industry from virtually non-existent to Africa's largest in less than two d
According to the American Medical Response, more than 400 people died from an overdose in New Hampshire in 2023.
Walt Disney has cut its investment in programming for traditional television networks pretty dramatically as part of its strategy to maximize audiences and profit in the streaming TV era, Chief Executive Bob Iger said on Wednesday. Iger said he looked expansively at traditional media when he came out of retirement to return to Disney as CEO in November 2022. He concluded that traditional channels such as ABC still serve as an important marketing tool and help reach older viewers who are not watching series such as "Abbott Elementary" on Disney's streaming platforms.
Being a decade away from retirement usually means trying to sock away as much money as possible before you leave the comfort of a regular paycheck. If you no longer work a regular job, it becomes even...
