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Business News

Biden hiking tariffs on Chinese EVs, solar cells, steel, aluminum  -  adding to tensions with Beijing

Biden hiking tariffs on Chinese EVs, solar cells, steel, aluminum - adding to tensions with Beijing

May 14, 2024 / 5:31 am

The Biden administration announced plans to slap new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical...

'A steadfast champion of Atlantic Canada': Oil executive Arthur Irving dies at age 93

'A steadfast champion of Atlantic Canada': Oil executive Arthur Irving dies at age 93

May 13, 2024 / 6:57 pm

Arthur L. Irving, the second-born son of New Brunswick industrialist K.C. Irving, has died at the age of 93 after a life spent growing the oil business his...

CRTC grants Canadian content spending relief for Corus, but says other asks must wait

CRTC grants Canadian content spending relief for Corus, but says other asks must wait

May 13, 2024 / 12:42 pm

Canada’s broadcasting regulator has granted Corus Entertainment Inc.'s request to ease some of its Canadian content spending requirements after the...

Roaring Kitty is back, and so are meme stocks, GameStop surges 40%

Roaring Kitty is back, and so are meme stocks, GameStop surges 40%

May 13, 2024 / 9:42 am

The man at the center of the pandemic meme stock craze returned to the social platform X for the first time in three years and sent prices of some of those...

Amazon's self-driving robotaxi unit Zoox under investigation by US after 2 rear-end crashes

Amazon's self-driving robotaxi unit Zoox under investigation by US after 2 rear-end crashes

May 13, 2024 / 6:12 am

Amazon’s self-driving robotaxi unit is being investigated by the U.S. government's highway safety agency after two of its vehicles braked suddenly and...

No refund for travellers who cancelled flight already scrapped by airline: regulator

No refund for travellers who cancelled flight already scrapped by airline: regulator

Canada May 13, 2024 / 5:49 am

Four years on, the controversy over whether airlines owed refunds to passengers after cancelling hundreds of thousands of flights during the pandemic continues...

Gamergate was 10 years ago. How has hate in online spaces changed since then?

Gamergate was 10 years ago. How has hate in online spaces changed since then?

May 11, 2024 / 5:32 pm

There's a persistent myth about video games — that they're harmful and cause violent behaviour. That's wrong, says Sarah Stang. "Game...

US plans to impose major new tariffs on EVs, other Chinese green energy imports, AP sources say

US plans to impose major new tariffs on EVs, other Chinese green energy imports, AP sources say

May 10, 2024 / 6:21 pm

The Biden administration plans to impose major new tariffs on electric vehicles, semiconductors, solar equipment and medical supplies imported from China,...

WestJet Encore pilots reject tentative deal; airline says no impact on operations

WestJet Encore pilots reject tentative deal; airline says no impact on operations

May 10, 2024 / 3:47 pm

The union representing WestJet Encore pilots says its members rejected the tentative deal reached last month, with just over half voting the agreement down. ...

Doubts grow over June interest rate cut after big gains seen in jobs report

Doubts grow over June interest rate cut after big gains seen in jobs report

May 10, 2024 / 11:36 am

The odds of a June interest rate cut from the Bank of Canada appear to have fallen after the latest jobs report from Statistics Canada showed employment jumped...

Japanese automaker Honda reports booming profit on sales growth, weak yen

Japanese automaker Honda reports booming profit on sales growth, weak yen

May 10, 2024 / 8:55 am

Honda’s profit for the fiscal year through March jumped 70% as vehicle sales grew and a weak yen buoyed overseas earnings, the Japanese automaker reported...

Technology crushing human creativity? Apple's new iPad ad has struck a nerve online

Technology crushing human creativity? Apple's new iPad ad has struck a nerve online

May 9, 2024 / 6:53 pm

A newly released ad promoting Apple's new iPad Pro has struck quite a nerve online. The ad, which was released by the tech giant Tuesday, shows a hydraulic...

B.C. mining is having a moment, thanks to energy transition

B.C. mining is having a moment, thanks to energy transition

BC May 9, 2024 / 5:20 pm

Mining has never been viewed as exactly environmentally friendly. Mines and miners have often been the target of NGOs for the impacts mining can have on water,...

Competition Bureau to launch market study of Canadian airline sector

Competition Bureau to launch market study of Canadian airline sector

May 9, 2024 / 2:47 pm

Canada's Competition Bureau says it will begin a market study focused on the Canadian airline sector. It will look into the state of competition in the...

TikTok to start labeling AI-generated content as technology becomes more universal

TikTok to start labeling AI-generated content as technology becomes more universal

May 9, 2024 / 10:22 am

TikTok will begin labeling content created using artificial intelligence when it's uploaded from outside its own platform. TikTok says its efforts are an...

London Drugs president doesn't know why cyber attackers struck

London Drugs president doesn't know why cyber attackers struck

May 9, 2024 / 10:21 am

The president of London Drugs says he doesn't know why the company was targeted in a cyber attack that forced it to close its stores for more than a week,...

Mattress retailer Sleep Country $8.7M Q1 profit, down from $11.3M a year earlier

Mattress retailer Sleep Country $8.7M Q1 profit, down from $11.3M a year earlier

May 8, 2024 / 12:23 pm

Sleep Country Canada Holdings Inc. reported its first-quarter profit fell compared with a year ago as its revenue edged higher. Sleep Country chief executive...

London Drugs president says sorry for cyber breach, no evidence customer data taken

London Drugs president says sorry for cyber breach, no evidence customer data taken

May 8, 2024 / 12:19 pm

The president of London Drugs has issued a letter apologizing for a cybersecurity incident that forced the company to close stores for more than a week, but he...

AstraZeneca pulls its COVID vaccine from European market

AstraZeneca pulls its COVID vaccine from European market

May 8, 2024 / 11:46 am

The pharma giant AstraZeneca has requested that the European authorization for its COVID-19 vaccine be pulled, according to the EU medicines regulator. In an...

We know late-night screens are bad for sleep. How do you stop doomscrolling in bed?

We know late-night screens are bad for sleep. How do you stop doomscrolling in bed?

May 8, 2024 / 8:10 am

Like many of us, Jessica Peoples has heard the warnings about excessive screen time at night. Still, she estimates spending 30 to 60 minutes on her phone before...

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