A robotic lander built by a private company suffered a technical problem on its way to the moon on Monday, threatening to upend the first U.S. soft lunar landing in over 50 years. The issue with the lander’s propulsion system followed a successful launch of a new Vulcan rocket debuted by a joint venture of … Read more
Even as the minister responsible admitted there aren’t enough competitive options for mobile service in Canada, another federal official said consumers can and should search for other service providers when faced with price increases. That message — from Innovation, Science and Economic Development (ISED) Canada — came just hours after the Industry Minister François-Philippe Champagne said Canadians “still pay too much … Read more
Chrysler parent company Stellantis says future participation in North American auto shows will be looked at on a “case-by-case basis” amid headwinds in the auto market. “With a focus on preserving business fundamentals to mitigate the impact of a challenging automotive market in North America, Stellantis is working to optimize its marketing strategy as it relates to … Read more
File. | Photo Credit: C. Venkatachalapathy The rupee depreciated by 11 paise to 83.32 (provisional) against the U.S. dollar on January 2, amid a muted trend in domestic equities and dollar demand from importers. Forex traders said foreign fund outflows and dollar demand from importers weighed on investor sentiments. At the interbank foreign exchange market, … Read more
New tax measures, and changes to existing ones, will begin affecting Canadians in 2024. But tax experts say the effects on most individuals are likely to be minor, unless they’re high-income earners. GST/HST exemptions, the elimination of deductions for some short term rentals, new alternative minimum tax rates and changes to Canada Pension Plan (CPP) … Read more
Warehouse stores in Canada aren’t just selling large quantities of toilet paper these days — gold bars and coins and other precious metals are moving out of the realm of banking and jewellers and into their aisles. With gold hitting record-high prices in recent weeks, the metal’s popularity has been reflected at retailers, too. According to Costco’s chief financial officer, … Read more
Videos and pictures of hundreds of people lined up outside businesses in Ontario in efforts to land jobs have gone viral on social media. The videos, taken in Waterloo region and other cities, include ones on the social media platform Reddit, where users reported seeing lineups at a Dollar Tree in Windsor in October and a Food Basics in Hamilton … Read more
Canadian residents whose personal data was compromised in a 2019 LifeLabs data breach can now apply for up to $150 in compensation from a multi-million dollar class action settlement approved in October. The private medical diagnostics company and its subsidiaries were the target of a cyberattack on Dec. 17, 2019, that compromised patient data for around 15 million … Read more
New Delhi: The rupee rose 1 paisa to 83.36 against the US dollar in early trade on Tuesday amid foreign fund inflow and softening of the American currency against its major rivals. According to forex traders, positive cues from the domestic equity market also boosted investors’ sentiment while the upward movement of crude oil prices … Read more
San Francisco: Amazon has sued an enterprising group called REKK, which is responsible for stealing millions of dollars of products from Amazon’s online stores through systematic refund abuse. Through the lawsuit, Amazon said it aims to expose their conspiracy and hold them accountable for their fraudulent activity. Protecting customers and earning the trust of selling … Read more
