SAN RAMON, Calif. - Tesla is working on new battery technology that CEO Elon Musk says will enable the company within the next three years to make sleeker, more affordable cars that can travel dramatically longer distances on a single charge.
NEW YORK - There's something missing in the Nielsen company's listing of last week's 20 most popular prime-time programs, something that once would have seemed inconceivable.
OTTAWA - Shopify Inc. is working with the FBI after two "rogue members" of its support team engaged in a scheme to illegitimately obtain customer transactional records of some merchants.
CALGARY - Canadian exports of crude oil by rail fell to another eight-year low in July despite the gradual recovery of North American fuel demand from low levels due to measures taken to control the COVID-19 pandemic.
TORONTO - The technology sector helped North American stock markets to bounce back Tuesday despite ongoing concerns about COVID-19 infections and U.S. political gridlock.
MONTREAL - Bombardier Inc. shares fell to a new low Tuesday after Spirit AeroSystems said some closing conditions on its planned acquisition of Bombardier's aerostructures business remain unmet, injecting a degree of uncertainty into the deal.
TORONTO - A first-of-its-kind research study by two national Aboriginal groups has found that Indigenous employers provide Indigenous workers with better job satisfaction than other employers while paying them comparable incomes.
OTTAWA - Giant Tiger Stores Ltd. says veteran company executive Paul Wood will take up the reins as founder Gordon Reid steps down from his role as chief executive of the discount department store chain.
TORONTO - Ford Motor Company of Canada Ltd. has agreed to spend nearly $2 billion on its Canadian plants as part of tentative contract deal with Unifor announced Tuesday.
NEW YORK - Brookfield Properties, one of the nation's largest mall operators, is cutting 20% of its workforce in its retail division, as the pandemic has accelerated online shopping and resulted in a string of store closings.
CALGARY - A year after putting its European bulk liquid storage business on the block, Inter Pipeline Ltd. has signed a deal to sell most of it to the Madrid-based CLH Group for $715 million.
HALIFAX - Atlantic Canada's airports say they need more money from the federal government to cope with a massive decline in airline traffic owing to the COVID-19 pandemic.
TORONTO - Cloud software company Dye & Durham Ltd. of Toronto has signed a deal to buy U.K.-based rival Property Information Exchange Ltd. for $52.9 million.
DETROIT - The union that represents Canadian auto workers has extended its contract with Ford beyond its original Monday night deadline, a sign that progress is being made toward an agreement.
WATERLOO, Ont. - BlackBerry Ltd. and Telus Corp. say Edmonton's police service has signed on to become a customer for a secure emergency preparedness system that's used by the U.S. government.
TORONTO - Friends of Canadian Broadcasting is calling on Parliament to restrain social media platforms from distributing harmful or hateful content by applying the same laws that publishers and broadcasters already face.
MONTREAL - DavidsTea Inc. swung to a $2.6-million profit in its latest quarter despite a 41 per cent decrease in sales during the COVID-19 store closings.
TORONTO - Canada's main stock index appeared headed to its worst day in more than three months on Monday until it experienced a late partial recovery from fears of another COVID-19 economic shutdown.
OTTAWA - Prices of new homes jumped half a per cent in August, the biggest one-month increase since May 2017, Statistics Canada said on Monday.
Canada's housing market experienced overvaluation in some pockets of the country in the spring amid the COVID-19 pandemic, Canada Mortgage and Housing Corp. said in a new report released on Monday.
The head of Canada’s largest manufacturer of tissue products says he’s concerned about the industry’s supply of paper towel ahead of a potential second wave of COVID-19.
FRANKFURT - The head of the European Central Bank says that the economy is rebounding but that the recovery remains uncertain, incomplete and dependent on containing the virus outbreak.
As the pandemic continues to radically alter how Canadians spend their money, experts say a second wave of COVID-19 will likely see consumers plagued by shortages – but this time stemming from “lifestyle changes” rather than panic buying.
MONTREAL - Air Canada had more refund-related complaints to the U.S. Department of Transportation than any other foreign carrier in June, and the second-highest number of any airline for the second-straight month.
CALGARY - The long-standing chief executive of TC Energy Corp. is set to retire having overseen a corporate name change and dramatic growth and stock price appreciation, but without achieving completion of the contentious Keystone XL pipeline project.
VICTORIA - The B.C. government says it will launch three cannabis programs over the next two years to help small and Indigenous growers compete with larger rivals.
DUBAI, United Arab Emirates - Film agencies in Israel and the United Arab Emirates announced an agreement Monday to collaborate on television production, the latest development to follow a U.S.-brokered deal between the countries to normalize relations.
About three quarters of the country’s movie theatres are open, but Americans are not going back in significant numbers in the COVID-era, even with new films coming into the marketplace weekly.
The U.S. Commerce Department said Friday it will ban Chinese-owned TikTok and WeChat from U.S. app stores on Sunday and will bar the apps from accessing essential internet services in the U.S. — a move that could effectively wreck the operation of both Chinese services for U.S. users.
TORONTO - Shares in Kinross Gold Corp. rose by more than six per cent on Friday after it announced it would introduce its first dividend in seven years in view of growing gold production.
MONTREAL - Rachel Farrell can now claim the unfortunate distinction of having two destination weddings called off in one year.
TORONTO - North American stock markets dipped to close a relatively flat week on signs of a slowing U.S. recovery and weakness in the American technology sector.
Hundreds of productions and thousands of entertainment jobs are on hold because the federal government has yet to intervene and help them get COVID-19 insurance, say two Canadian film and television organizations.
Retail sales in Canada “hit a wall” in July after big gains in May and June, a sign that the economic recovery could be slow and bumpy.
VANCOUVER - Ivanhoe Mines Ltd. is confirming a third death after an underground accident Monday at its Platreef mine development project in South Africa.
OTTAWA - Statistics Canada says wholesale sales rose 4.3 per cent in July to a record high of $65.0 billion, boosted by the motor vehicle and motor vehicle parts and accessories subsector.
NEW YORK - Macmillan's longtime CEO, John Sargent, will be leaving at the end of the year, forced out by what parent company Holtzbrinck Publishing Group is calling “a disagreement regarding the direction of Macmillan.”
TORONTO - North American stock markets fell Thursday on technology sector weakness and concerns about the likelihood of more U.S. stimulus and slowly falling jobless claims.
TORONTO - Nearly one in four customers of the major credit-card companies were unable to make monthly payments this spring, according to a survey released on Thursday by J.D. Power.
VANCOUVER - Itasca Capital Ltd. says it will add businessmen Paul Rivett and Rick Doman to its board of directors to help pursue additional lumber investments after buying a Kenora sawmill and related assets for $11.5 million.
CALGARY - Both sides are welcoming an Alberta Court of Appeal ruling that supports a trial judge decision in favour of Dow Chemical Canada over Nova Chemicals Corp. but orders a recalculation of its award of $1.4 billion in damages.
Montreal payments company Nuvei Corp. made history Thursday with an IPO that raised US$700 million — the largest amount by a technology company in TSX history.
OTTAWA - The Treasury Board of Canada says it has uncovered suspicious activities on more than 48,000 Canada Revenue Agency accounts following cyberattacks in July and August.