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General Motors Co. will reduce production at most North American assembly plants this month because of the ongoing semiconductor chip shortage, hitting its profitable truck and sport utility vehicles, it said on Thursday.
Continue reading …Statistics Canada says the country’s merchandise trade surplus fell to $778 million in July as imports rose more than exports for the month.
Continue reading …Apple is relaxing rules to allow some app developers such as Spotify, Netflix and digital publishers to include an outside link so users can sign up for paid subscription accounts.
Continue reading …Technology sector Amazon to recruit 55,000 staff globally in tech and office roles Retailer says it will add 40,000 jobs in the US and 2,500 in the UK to support plans for rapid growth Richard Partington Economics correspondent @RJPartington Wed 1 Sep 2021 15.28 EDT – Amazon is planning to hire 55,000 staff in corporate […]
Continue reading …Canadian Pacific Railway Ltd. has approached the Kansas City Southern board to reaffirm its interest in taking over the railway after U.S. regulators rejected a key part of Canadian National Railway Co.’s bid.
Continue reading …Shipping bottlenecks, supply chain nightmares and a continuing shortage of semiconductors have pushed up costs of just about everything — and experts say we’re still a long way away from any sort of relief for Canadian businesses and consumers.
Continue reading …Uber Technologies is making a new app-based worker benefits maneuver in Canada — a proposed flexible benefits fund managed by delivery and rideshare companies and blessed by the Provincial governments. Meanwhile, Uber in Mexico is reportedly mulling paying social security taxes for gig-worker drivers there. Both developments come as Uber and other gig-worker companies are […]
Continue reading …American railway regulator the Surface Transportation Board has blocked Canadian National Railway’s bid to buy Kansas City Southern in its current form because the deal would include a voting trust that runs afoul of the rules.
Continue reading …Theranos founder Elizabeth Holmes’s claims that she was abused by the company’s chief operating officer, who at the time was her boyfriend, could complicate jury selection in her highly anticipated fraud trial, legal experts said.
Continue reading …Canada’s economy shrank by 0.3 per cent in the three months between April and June as the third wave of COVID-19 prompted consumers and businesses to keep spending to a minimum.
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