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Japan tech giant SoftBank posts $23 billion quarterly loss

TOKYO (AP) — Japanese technology company SoftBank Group posted a $23.4 billion loss in the April-June quarter as the value of its investments sank amid global worries about inflation and interest rates. SoftBank Group Corp.’s loss of 3.
Bill with tax credits for 'North American' electric vehicles passes in U.S. Senate

Bill with tax credits for 'North American' electric vehicles passes in U.S. Senate

WASHINGTON — The new plan to encourage Americans to buy more electric vehicles built in North America, instead of just the United States, has cleared its tallest hurdle. After a marathon voting session that lasted nearly 24 hours, the U.S.
Unifor members to elect new national president in Toronto this week

Unifor members to elect new national president in Toronto this week

TORONTO — Unifor members from across Canada are gathering in Toronto this week to elect the union's next leader, several months after former national president Jerry Dias stepped down.
Demand for grocery delivery cools as food costs rise

Demand for grocery delivery cools as food costs rise

Karen Raschke, a retired attorney in New York, started getting her groceries delivered early in the pandemic. Each delivery cost $30 in fees and tips, but it was worth it to avoid the store.
US agency probes Tesla crashes that killed 2 motorcyclists

US agency probes Tesla crashes that killed 2 motorcyclists

DETROIT (AP) — Two crashes involving Teslas apparently running on Autopilot are drawing scrutiny from federal regulators and point to a potential new hazard on U.S. freeways: The partially automated vehicles may not stop for motorcycles.
Ontario cheers U.S. bill proposing EV tax credits, but still no local incentives

Ontario cheers U.S. bill proposing EV tax credits, but still no local incentives

TORONTO — Plans to expand a proposed U.
Biden, Republicans spar over impact of Dems' economic plan

Biden, Republicans spar over impact of Dems' economic plan

WASHINGTON (AP) — Democrats call it the “Inflation Reduction Act.” Republicans say it's a “tax and spending spree.” And everyone has a study they say proves it.
Florida death could be 20th in US caused by Takata air bags

Florida death could be 20th in US caused by Takata air bags

DETROIT (AP) — A Florida man who was killed in a traffic crash last month could be the 20th death in the U.S. caused by exploding Takata air bag inflators.
Suspect killed 3 victims likely at random, had mental health issues: Montreal police

Suspect killed 3 victims likely at random, had mental health issues: Montreal police

MONTREAL — A 26-year-old man suspected of shooting dead three people in the Montreal area earlier this week had mental health issues and likely chose his victims at random, Quebec provincial police said Thursday.
July auto sales down 16 per cent from last year as shortages persist

July auto sales down 16 per cent from last year as shortages persist

TORONTO — DesRosiers Automotive Consultants says Canadian auto sales were down 16.2 per cent in July compared with a year earlier because of a shortage of available vehicles.
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