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Linamar reports sales up on market share, pricing, while income dips to $105M

Linamar reports sales up on market share, pricing, while income dips to $105M

GUELPH, Ont. — Linamar Corp. says sales climbed in its last quarter on increased market share and higher pricing while profits saw a modest dip in part on higher input costs.
Unifor members elect Lana Payne as new president

Unifor members elect Lana Payne as new president

TORONTO — Unifor says Lana Payne has been elected as the new president of Canada's largest private sector union, the first woman to hold the position.

Editorial Roundup: United States

Excerpts from recent editorials in the United States and abroad: Aug. 8 The Wall Street Journal on Trump's Senate nominees: Donald Trump now has the Senate nominees he wanted to win Republican primaries.
Japan's Honda sees declining profits on semiconductor crunch

Japan's Honda sees declining profits on semiconductor crunch

TOKYO (AP) — Honda’s fiscal first quarter profit fell 33% from last year as a global computer chip shortage, a pandemic-related lockdown in China and the rising costs of raw materials hurt the Japanese automaker. Tokyo-based Honda Motor Co.
'The Sacrifice Zone': Myanmar bears cost of green energy

'The Sacrifice Zone': Myanmar bears cost of green energy

The birds no longer sing, and the herbs no longer grow. The fish no longer swim in rivers that have turned a murky brown. The animals do not roam, and the cows are sometimes found dead.
Most electric vehicles won't qualify for federal tax credit

Most electric vehicles won't qualify for federal tax credit

DETROIT (AP) — A tax credit of up to $7,500 could be used to defray the cost of an electric vehicle under the Inflation Reduction Act now moving toward final approval in Congress.
Homegrown foundation leader builds bridges, trust in Flint

Homegrown foundation leader builds bridges, trust in Flint

FLINT, Mich. (AP) — Isaiah Oliver carefully parks his car in the crumbling parking lot of North Flint’s Greater Holy Temple Church. The lot at the church was meant for parishioners coming to worship, not 18-wheelers carrying pallets of bottled water.
'The Sacrifice Zone': Myanmar bears cost of green energy

'The Sacrifice Zone': Myanmar bears cost of green energy

The birds no longer sing. The fish no longer swim in rivers that have turned a murky brown. The animals do not roam, and the cows are sometimes found dead. The people in this northern Myanmar forest have lost a way of life that goes back generations.

AP News in Brief at 6:04 a.m. EDT

Trump says FBI conducted search at his Mar-a-Lago estate WASHINGTON (AP) — The FBI searched Donald Trump's Mar-a-Lago estate as part of an investigation into whether he took classified records from the White House to his Florida residence, people fam
Martinrea International Inc. reports net income of $25.5 million

Martinrea International Inc. reports net income of $25.5 million

TORONTO — Martinrea International Inc. says it had net income of $25.5 million for the quarter ending June 30, up from $24 million for the same quarter last year. The automotive parts manufacturer says adjusted net income was also $25.