Electric vehicle battery manufacturer Northvolt says construction of a $7-billion plant on Montreal’s South Shore will proceed as planned, despite announcing on Monday its intention to lay off 1,600 employees in Sweden. The Swedish multinational said it plans to cut 1,000 jobs in Skellefteå, 400 in Västerås and 200 in Stockholm — about a fifth of its … Read more
Cosmetics brand Lush says it is laying off staff as it scales down operations at its Vancouver facilities. Amanda Caruso, a spokesperson for the U.K.-based brand, refused to say how many workers will lose their jobs as part of cuts to the company’s Canadian footprint, citing privacy concerns. However, she confirmed the scale-down will mean closing a … Read more
Facebook owner Meta said on Monday it was banning RT, Rossiya Segodnya and other Russian state media networks, alleging the outlets used deceptive tactics to carry out influence operations while evading detection on the social media company’s platforms. “After careful consideration, we expanded our ongoing enforcement against Russian state media outlets. Rossiya Segodnya, RT and other related … Read more
A Canadian court has cleared the reorganization plan of Red Lobster that will see the seafood chain exit bankruptcy. Justice Peter Cavanagh of the Superior Court of Justice in Toronto on Tuesday granted an order that recognizes and gives force to the plan approved by a U.S. bankruptcy judge last week. The future of the … Read more
A crew of four private astronauts ascended into space early Tuesday on a risky SpaceX mission to attempt the first-ever private spacewalk using the company’s new spacesuits and a redesigned spacecraft. A billionaire entrepreneur, a retired military fighter pilot and two SpaceX employees were launched from NASA’s Kennedy Space Center in Cape Canaveral, Fla., aboard … Read more
Apple’s ubiquitous iPhone is about to break new ground with a shift into artificial intelligence that will do everything from smartening up Siri to creating customized emojis on the fly. “The next generation of iPhone has been designed for Apple Intelligence from the ground up. It marks the beginning of an exciting new era,” CEO … Read more
China has submitted a request to Canada for consultation at the World Trade Organization on additional tariffs it has imposed on Chinese electric vehicles as well as steel and aluminum products, the Commerce Ministry said on Friday. “On Sept. 6, China lodged a request for consultations with Canada at the WTO regarding Canada’s additional tariffs … Read more
The SpaceX Falcon 9 vehicle may return to flight operations while the overall investigation of the anomaly during a recent Starlink mission remains open, the U.S. Federal Aviation Administration (FAA) said on Friday. SpaceX made the return to flight request for the workhorse vehicle on Thursday and the FAA gave approval on Friday. The agency … Read more
The potential of tariffs on Chinese electric vehicle imports is being welcomed by the Canadian head of General Motors as major producer BYD looks to enter the market. “We’re encouraged by the government’s examination of these issues,” said Kristian Aquilina, president of GM Canada. “Because on the basis of strong competition, a fair playing field, … Read more
Business More than 97 per cent of Windows sensors are back online, CrowdStrike’s CEO George Kurtz said on Thursday, nearly a week after a software update by the cybersecurity firm triggered a global outage. Microsoft said about 8.5 million Windows devices were affected by outage Thomson Reuters · Posted: Jul 26, 2024 8:46 AM EDT | … Read more
