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US loosens some electric vehicle battery rules, potentially making more EVs eligible for tax credits
DETROIT (AP) — The U.S. government on Friday loosened some rules governing electric vehicle tax credits, potentially making more EVs eligible for credits of up to $7,500 but leading critics to accuse the Biden administration of helping China.
May 3, 2024 4:08 PM
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Loblaw boycott organizer says she met with CEO to talk about grocery prices
One of the organizers of a month-long boycott of Loblaw-owned stores says she met with the grocer's president and CEO Per Bank on Thursday afternoon.
May 3, 2024 3:59 PM
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Three people arrested in Nova Scotia after search of suspected elver holding facility
HALIFAX — The federal Fisheries Department says it arrested three people after executing a search warrant at a suspected holding facility for baby eels in southwestern Nova Scotia.
May 3, 2024 3:47 PM
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US employers scaled back hiring in April. How that could let the Fed cut interest rates
WASHINGTON (AP) — The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow the robust U.S. job market.
May 3, 2024 2:27 PM
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Business insolvencies spike in first quarter, consumer insolvencies also rise
OTTAWA — Business insolvencies surged 87.2 per cent year-over-year in the first quarter of 2024, while consumer insolvencies rose 14 per cent.
May 3, 2024 1:46 PM
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Google, Justice Department make final arguments about whether search engine is a monopoly
WASHINGTON (AP) — Google's preeminence as an internet search engine is an illegal monopoly propped up by more than $20 billion spent each year by the tech giant to lock out competition, Justice Department lawyers argued at the closings of a high-stak
May 3, 2024 1:45 PM
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Pipeline operator TC Energy sees natural gas deliveries rise as power demand booms
CALGARY — Canadian pipeline operator TC Energy Corp. achieved record deliveries on its natural gas pipeline systems in the first quarter, thanks to booming North American electricity demand.
May 3, 2024 12:07 PM
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An AI-powered fighter jet took the Air Force's leader for a historic ride. What that means for war
EDWARDS AIR FORCE BASE, Calif. (AP) — With the midday sun blazing, an experimental orange and white F-16 fighter jet launched with a familiar roar that is a hallmark of U.S. airpower.
May 3, 2024 12:03 PM
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Greater Toronto home sales down in April but new listings surge: board
TORONTO — The Toronto Regional Real Estate Board says Greater Toronto home sales in April were down five per cent from last year, but new listings surged, which created more choice for buyers and kept prices stable.
May 3, 2024 11:12 AM
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Magna reports Q1 profit down from year ago, takes charge related to Fisker
TORONTO — Magna International Inc. says its first-quarter profit fell compared with a year ago as it recorded US$316 million in asset impairments and restructuring costs related to troubled electric vehicle company Fisker.
May 3, 2024 8:29 AM
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