Business World

Business A driver was behind the wheel when a Tesla electric car crashed and burned last April near Houston, killing two men, neither of whom was found in the driver's seat. The National Transportation Safety Board has not yet determined whether autopilot was engaged during the fatal trip. The remains …

Business Edward Rogers is out as chair of the company his father founded, after a failed attempt to oust the telecommunications company's CEO. Rogers president and CEO Joe Natale, right, and chair of the board Edward Rogers are shown at the company's annual general meeting in 2019.(Chris Young/The Canadian Press) …

Business First Nations, industry and legal experts are examining what the outcome of a B.C. court decision could mean elsewhere, including future development near Alberta’s massive oilsands. Blueberry River First Nations Chief Marvin Yahey flies over the traditional territory of the nation in northeastern B.C. earlier this month.(Kyle Bakx, CBC) …

Business PayPal Holdings Inc. has made an offer to buy digital pinboard site Pinterest Inc for $45 billion, people familiar with the matter said on Wednesday, a combination that could herald more tie-ups between financial technology and social media companies in e-ecommerce. PayPal has reportedly offered to buy Pinterest at …

Business Facebook Inc., under fire from regulators and lawmakers over its business practices, is planning to rebrand itself with a new name for its parent company that focuses on the metaverse, the Verge reported on Tuesday. Facebook will reportedly reveal that it is changing the name of its parent company …

Business Bitcoin rose to a new all time high above $66,000 US on the first futures-based exchange-traded fund (ETF) launched this week. Bitcoin is back above the level it was trading at before Elon Musk sparked a sell-off in the world's largest cryptocurrency in April.(CBC News) Bitcoin rose to a …

Business·Analysis A shortage of computer chips produced overseas is having a lasting impact in Canada, not only on consumers looking to buy a new car, but also on the people who make them. Even before the pandemic, 2020 was always going to be an uncertain year for Canada's automotive industry. …

Business The recent hit show Squid Game, the dystopian survival drama from South Korea, and other popular series and movies helped propel Netflix to sharply higher third-quarter earnings, released Tuesday. A photo released by Netflix shows South Korean cast members, from left, Park Hae-soo, Lee Jung-jae and Anupam Tripathi in …

Business Facebook is paying a $4.75 million US fine and up to $9.5 million US to eligible victims to resolve the U.S. Justice Department's allegations that it discriminated against American workers in favour of foreigners with special visas to fill high-paying jobs. Facebook faced allegations that it discriminated against U.S. …

Windsor Ontario Premier Doug Ford vows to support Windsor autoworkers — and Stellantis — following news last last week that the company plans to cut a shift next year, a move that will cost hundreds of jobs. Ontario Premier Doug Ford vows to support Windsor autoworkers — and Stellantis — …