Automotive

Lion Electric defaults on debt, plans to seek creditor protection under CCAA

MONTREAL — Seized with a liquidity crisis, the Lion Electric Co. said Tuesday it expects to seek protection from creditors under the Companies' Creditors Arrangement Act.

Dec 17, 2024 1:29 PM Read more >

Quebec adopts rule banning sale of most new gas-powered vehicles by 2035

QUÉBEC — The Quebec government has adopted regulations banning the sale of most new gasoline-powered vehicles as of 2035.

Dec 17, 2024 10:02 AM Read more >

Why is tech giant SoftBank investing over $100 billion in the US?

BANGKOK (AP) — Japanese tycoon Masayoshi Son and President-elect Donald Trump have announced plans for technology and telecoms giant SoftBank Group to invest $100 billion in projects in the United States over the coming four years.

Dec 17, 2024 3:49 AM Read more >

Pope in autobiography reveals an apparent bombing plot during his 2021 visit to Iraq

ROME (AP) — Pope Francis turned 88 on Tuesday and marked the occasion with revelations that he almost didn’t make it.

Dec 17, 2024 2:55 AM Read more >

Pope in autobiography reveals an apparent bombing plot during his 2021 visit to Iraq

ROME (AP) — Pope Francis turned 88 on Tuesday and marked the occasion with revelations that he almost didn’t make it.

Dec 17, 2024 2:52 AM Read more >

US to require passenger vehicles to sound alarms if rear passengers don't fasten their seat belts

DETROIT (AP) — Starting in September of 2027, all new passenger vehicles in the U.S. will have to sound a warning if rear-seat passengers don't buckle up.

Dec 16, 2024 4:05 PM Read more >

Canadian business leaders say Freeland's resignation adds uncertainty to trade talks

Some business leaders worry the resignation of Finance Minister Chrystia Freeland from the federal cabinet leaves Canada without a "quarterback" at a critical moment for the country's economy and trade relationships.

Dec 16, 2024 2:00 PM Read more >

Biden establishes a national monument for Frances Perkins, the 1st female Cabinet secretary

WASHINGTON (AP) — President Joe Biden on Monday established a national monument honoring the late FDR-era Labor Secretary Frances Perkins , the first woman to serve in a presidential Cabinet and a driving force behind Franklin D.

Dec 16, 2024 11:36 AM Read more >

Schools are cutting bus service for children. Parents are turning to ride-hailing apps

CHICAGO (AP) — Ismael El-Amin was driving his daughter to school when a chance encounter gave him an idea for a new way to carpool.

Dec 16, 2024 6:50 AM Read more >

China retail sales slow as consumers hold back, while home prices fall

BANGKOK (AP) — Chinese retail sales slowed in November and housing prices fell, the government said Monday, with demand still lackluster despite a flurry of stimulus measures over the past few months.

Dec 16, 2024 1:07 AM Read more >