Business World

General Motors will move its Detroit headquarters to a new downtown office building next year and work to redevelop its iconic home along the Detroit River, company and city officials confirmed Monday. The iconic Renaissance Center building will be redeveloped General Motors will move its Detroit headquarters to a new …

Since Meta blocked links to news in Canada last August to avoid paying fees to media companies, right-wing meme producer Jeff Ballingall says he has seen a surge in clicks for his Canada Proud Facebook page. News is being replaced by memes, says media expert Since Meta blocked links to …

Tesla will lay off more than 10 per cent of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifying price war for electric vehicles. Stock underperforming legacy automakers like Toyota, General Motors Tesla will lay off more than …

RVs — along with boats, ATVs and other outdoor vehicles — sold like hotcakes during the pandemic as people poured their vacation funds into goods that could be enjoyed closer to home. But now the sector is going through a market correction, with sales down around 20 per cent last …

After days of criticism, celebrity chef David Chang said he will no longer enforce the trademark for his chili crunch condiment. The celebrity chef’s brand applied to trademark popular spicy condiment. Critics said no company should own it Day 69:34A small business owner resists Momofuku's bid to trademark Chili Crunch …

Royal LePage is forecasting that the aggregate price of a home in Canada will increase 9 per cent in the fourth quarter of 2024, compared to the same period last year. At the same time, CREA said home sales activity edged up 0.5 per cent between February and March. Royal …

Loblaw announcing in January it would bring back 50 per cent discounts on perishable food, but some Real Canadian Superstore customers still feel shortchanged. That’s because the Loblaw-owned chain will continue to discount all food nearing its best-before date by 30 per cent. Loblaw says Real Canadian Superstores didn't offer …

More than 140 Bank of Montreal customers from across the country plan to sue the bank after, they say, cybercriminals stole a total of $1.5 million from their accounts. BMO says it works to detect cybercrime and prevent customers from being scammed Elizabeth Bernas and her husband had planned to …

The Biden administration has weighed in for the first time on a major cross-border legal dispute that could shut down portions of Enbridge's Line 5 Canada-U.S. oil pipeline. It was contained in a nuanced legal filing, but its bottom line was that Line 5 should stay open. U.S. submits nuanced …

Whistleblower faced retaliation after he identified engineering problems that affected the structural integrity of the company's 787 and 777 jets, his attorneys said. Jetmaker has faced concerns since January mid-air panel blowout on a 737 MAX The U.S. Federal Aviation Administration (FAA) is investigating a Boeing whistleblower's claims that the …