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Tesla plans to lay off 10% of workforce after dismal quarterly sales, multiple news outlets report

Tesla plans to lay off 10% of workforce after dismal quarterly sales, multiple news outlets report

DETROIT (AP) — After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs , multiple media outlets reported Monday. CEO Elon Musk detailed the plans in a memo sent to employees.
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Statistics Canada reports manufacturing sales up 0.7% in February at $71.6B

Statistics Canada reports manufacturing sales up 0.7% in February at $71.6B

OTTAWA — Manufacturing sales rose 0.7 per cent to $71.6 billion in February, helped by higher sales of petroleum and coal, Statistics Canada said Monday.
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Retail sales surge 0.7% in March as Americans seem unfazed by higher prices with jobs plentiful

Retail sales surge 0.7% in March as Americans seem unfazed by higher prices with jobs plentiful

NEW YORK (AP) — Americans boosted spending at a hotter-than-expected pace in March, underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges . Retail sales rose 0.
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FBI opens criminal investigation into Baltimore bridge collapse, AP source says

FBI opens criminal investigation into Baltimore bridge collapse, AP source says

The FBI is conducting a criminal investigation into the deadly collapse of Baltimore’s Francis Scott Key Bridge that is focused on the circumstances leading up to it and whether all federal laws were followed, according to a person familiar with the
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Insurance is high on frequently stolen vehicles. Here's how to reduce your premiums

Insurance is high on frequently stolen vehicles. Here's how to reduce your premiums

TORONTO — Looking for a break on car insurance premiums is often top of mind for drivers. And finding ways to reduce that figure is especially important now, when rampant thefts have led to higher insurance costs.
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Hundreds still in the dark in Ontario after high winds cause widespread outages

Hundreds still in the dark in Ontario after high winds cause widespread outages

TORONTO — Hydro One says it's still working to restore power to hundreds of customers in Ontario after high winds hit the province on Friday and Saturday.
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Israel is quiet on next steps against Iran -- and on which partners helped shoot down missiles

Israel is quiet on next steps against Iran -- and on which partners helped shoot down missiles

TEL AVIV, Israel (AP) — Israeli leaders on Sunday credited an international military coalition with helping thwart a direct Iranian attack involving hundreds of drones and missiles, calling the coordinated response a starting point for a “strategic a
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Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Gildan update Gildan Activewear Inc. chief executive Vince Tyra will present an investor update on Monday, marking his first 90 days in the job.
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After countrywide pre-budget tour, Liberals reveal Tuesday how they'll pay for it all

After countrywide pre-budget tour, Liberals reveal Tuesday how they'll pay for it all

OTTAWA — With Finance Minister Chrystia Freeland promising to keep the federal deficit from ballooning in Tuesday's federal budget, all eyes will be on the Liberals' plan to pay for their agenda — and whether that could include new taxes on the wealt
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Alberta's population growth is breaking records, but signs of strain are showing

Alberta's population growth is breaking records, but signs of strain are showing

CALGARY — At Calgary's Centre for Newcomers, where Kelly Ernst is chief program officer, staff have been — in Ernst's words — "run off their feet.
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