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Automotive
Automotive
Weekly US jobless claims highest since 2021, but companies avoid risk of being caught short-handed
The number of Americans filing for unemployment benefits last week rose to its highest level in a year-and-a-half, though jobs remain plentiful by historical standards even as companies cut costs as the economy slows.
May 11, 2023 9:10 AM
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Army sergeant who fatally shot BLM protester in Texas sentenced to 25 years as governor seeks pardon
AUSTIN, Texas (AP) — A U.S.
May 11, 2023 8:35 AM
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In The ÃÛÌÒÊÓÆµapp for May 11 : RCMP to start field-testing body-worn cameras
In The ÃÛÌÒÊÓÆµapp is a roundup of stories from The Canadian Press designed to kickstart your day. Here is what's on the radar of our editors for the morning of May 11 ... What we are watching in Canada ...
May 11, 2023 5:24 AM
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Japan's Honda records lower profit, projects recovery ahead on sales rebound
TOKYO (AP) — Honda’s profit for the fiscal year that ended in March dropped 1.7% as sales took a hit from a semiconductor shortage and restrictions in China related to the coronavirus pandemic.
May 11, 2023 4:42 AM
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Japan tech investor SoftBank sinks into second year of losses
TOKYO (AP) — Japanese technology investor SoftBank Group reported Thursday a loss of 970 billion yen ($7 billion) for the fiscal year that just ended — the second year in a row of red ink. Tokyo-based SoftBank Group Corp. racked up a 1.
May 11, 2023 2:58 AM
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Nissan reports surging profit amid strong sales, easing chip crunch
TOKYO (AP) — Japanese automaker Nissan reported Thursday a seven-fold surge in January-March profit and forecast strong sales for this fiscal year riding on the popularity of its new model offerings. Nissan Motor Co.
May 11, 2023 2:17 AM
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Next step in Ontario EV auto strategy is a lithium hydroxide plant: minister
TORONTO — Ontario Economic Development Minister Vic Fedeli calls it the "sleeper story" of the province's massive auto industry transition.
May 11, 2023 1:00 AM
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Are Canada's green corporate subsidies a new race to the bottom or a path to the top?
OTTAWA — The federal Liberals have made it clear that Canada's road to a greener economy will be paved with billions of dollars in corporate subsidies.
May 11, 2023 1:00 AM
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Edmunds compares: Honda Pilot vs. Hyundai Palisade
The Honda Pilot first joined the automaker’s lineup for the 2003 model year and it’s been a popular choice for midsize crossover SUV shoppers ever since.
May 10, 2023 3:34 AM
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Toyota's profits rise as global chips supply crunch subsides
TOKYO (AP) — Toyota’s January-March profit edged up 3% from the previous year on robust sales as a chips supply crunch gradually eased. Toyota Motor Corp. racked up 552.2 billion yen ($4 billion) in quarterly net profit, up from 533.
May 10, 2023 1:35 AM
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