Business News
Ford workers in Canada ratify agreement, set precedent for other automakers
UPDATE: 1:25 p.m. Canadian autoworkers ratified a new labor agreement with Ford Motor Co. on Sunday, averting a threatened strike and potentially setting a...
The threat of wildfires is rising. So is new artificial intelligence solutions to fight them
Wildfires fuelled by climate change have ravaged communities from Maui to the Mediterranean this summer, killing many people, exhausting firefighters and...
Science paints a new picture of the ancient past, when we mixed and mated with other kinds of humans
What does it mean to be human? For a long time, the answer seemed clear. Our species, Homo sapiens — with our complex thoughts and deep emotions —...
Auto workers still have room to expand their strike against car makers. But they also face risks
Even after escalating its strike against Detroit automakers on Friday, the United Auto Workers union still has plenty of leverage in its effort to force the...
Canada's manufacturing sector seeks to reduce 'repetitive labour' through AI
Artificial intelligence and increased automation can help lessen the load for workers at a time when Canada faces a labour shortage in the construction and...
Quesnel pulp mill sold to Alberta company
West Fraser has sold its Quesnel River pulp mill in Quesnel, along with its pulp mill in Slave Lake, Alberta, to Atlas Holdings for $120 million US, the company...
Strikes against automakers spread to 38 locations in 20 states, Stellantis and GM targeted
The president of the United Auto Workers said Friday the union will expand its strike against major automakers by walking out of 38 General Motors and...
Amazon Prime Video will soon come with ads, or a $2.99 monthly charge to dodge them
Amazon Prime Video will include advertising during shows and movies starting early next year, joining other streaming services that have added different tiers...
EU hits Intel with $400 million antitrust fine in long-running computer chip case
European Union antitrust enforcers slapped Intel on Friday with a fresh $400 million fine in a long-running legal fight that the chipmaker appeared to have won...
Microsoft's revamped $69 billion deal for Activision on the cusp of going through
British competition regulators gave preliminary approval Friday to Microsoft’s restructured $69 billion deal to buy video game maker Activision Blizzard,...
Pathways Alliance watching Trans Mountain's latest hurdles with dismay
The group behind a proposed carbon capture and storage (CCS) network for Alberta's oilsands is watching the Trans Mountain pipeline expansion's latest...
Hot dog! The Wienermobile is back after short-lived name change
Some names are just the wurst. Just four months after announcing that the hot dog-shaped Wienermobile was changing its name to the Frankmobile, the wiener on...
Tech companies try to take AI image generators mainstream with better protections against misuse
Artificial intelligence tools that can conjure whimsical artwork or realistic-looking images from written commands started wowing the public last year. But most...
Fraud in auto, credit card, mortgage sectors rises amid interest rate hikes
New data suggests an uptick in fraud in the auto, credit card and mortgage sectors is driven by growing financial pressures on consumers and by fraudsters using...
As 'perfect storm' pushes more to the brink, here's what to know about bankruptcy
With Canadians’ debt on the rise as they deal with surging prices and interest rates, experts say many people are in the dark about the insolvency...
S&P/TSX composite down nearly 300 points, U.S. stock markets also fall
Losses in base metal and technology stocks helped lead a broad-based decline as Canada's main stock index fell nearly 300 points in late-morning trading and...
Cisco buying cybersecurity firm Splunk for $28 billion, bolstering defences as use of AI widens
Cisco is buying the cybersecurity firm Splunk in a $28 billion deal as it bolsters its defences against potential security threats that may be heightened by the...
Rupert Murdoch, creator of Fox News, stepping down as head of News Corp. and Fox Corp.
Rupert Murdoch, the 92-year-old media magnate who created Fox News, is stepping down as leader of both Fox's parent company and his News Corp. media...
Japan's troubled Toshiba to delist after takeover by Japanese consortium succeeds
A 2 trillion yen ($14 billion) tender offer for troubled electronics and energy giant Toshiba by a Japanese consortium has been completed, clearing the way for...
Growing number of forecasts predict oil will reach US$100 this fall
A growing number of forecasts are calling for the return of US$100 oil before the end of the year — a prospect that could put even more pressure on...