Business World

Tesla CEO Elon Musk showcased a long-promised robotaxi without a steering wheel or pedals at a much-hyped event on Thursday, but lingering questions about the company's production timeline and the quality of its self-driving tech has left investors uncertain. Tesla stock dropped after the billionaire unveiled a self-driving taxi and …

Canada's unemployment rate declined for the first time since January to 6.5 per cent, and full-time employment saw its largest gain since May 2022. Full-time employment saw its largest gain since May 2022 The economy added 47,000 jobs in September, while the unemployment rate declined for the first time since …

Some companies have found a unique way to reduce their carbon footprints by importing products using a sailing cargo ship. Its arrival in Quebec is part of a larger move to help decarbonize the shipping industry. Eastern Townships café owner says it's a more sustainable way to ship coffee Guillaume …

The award this week of Nobel prizes in chemistry and physics to a small number of artificial intelligence pioneers affiliated with Google has stirred debate over the company's research dominance and how breakthroughs in computer science ought to be recognized. Google faces competitive pressure and regulatory scrutiny The award this …

Income inequality in Canada has hit the highest level ever recorded as wealth becomes increasingly concentrated in fewer hands, says Canada’s statistics agency. Widening income gap driven by investment returns for top 20 per cent of Canadian earners Income inequality in Canada has hit the highest level ever recorded as …

Toronto-Dominion Bank is facing fines totalling about $3.09 billion US from U.S. regulators after pleading guilty to multiple charges, including conspiracy to violate the Bank Secrecy Act and commit money laundering. U.S. attorney general says penalty the largest under the country's Bank Secrecy Act Toronto-Dominion Bank has been ordered to …

A new HBO documentary is suggesting the long-debated identity of the mysterious creator of bitcoin, known only as Satoshi Nakamoto, could be Canadian software developer Peter Todd. But Todd has called the theory "ludicrous," leaving the mystery far from settled. Canadian software developer Peter Todd says he is not Satoshi …

A new report says growth in average asking rents across Canada last month slowed to the lowest rate since October 2021, at 2.1 per cent year-over-year. Prices still rising, but rate of increase hit its lowest point since October 2021 A new report says growth in average asking rents across …

Around 239,000 vehicles have been recalled over concerns that a defective part in the steering system could result in a crash, Honda Canada announced Wednesday. Defective part could result in increased risk of a crash or injury, the company says Around 239,000 vehicles have been recalled over concerns that a …

Ticketmaster is enforcing new rules around how fans transfer Taylor Swift tickets amid a surge in reported scams. Ticket holders will now only be given access to their tickets 72 hours before a concert, and cannot transfer them before that point. Some fans have reported that tickets were transferred incorrectly …