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Toyota shows new Prius hybrid with more power, range, style

Toyota shows new Prius hybrid with more power, range, style

TOKYO (AP) — The new Toyota gas-electric Prius hybrid not only comes with more power, acceleration and driving range. It’s also more stylish, scrapping the rather stodgy angular body for a sleekly futuristic look.
Japan racks up trade deficit as exports, imports hit records

Japan racks up trade deficit as exports, imports hit records

TOKYO (AP) — Japan marked a trade deficit for the 15th month in a row in October, as both imports and exports reached record highs amid the soaring costs of energy and food and a drooping yen. The deficit, at 2.
Report: California likely to have $25 billion budget deficit

Report: California likely to have $25 billion budget deficit

SACRAMENTO, Calif. (AP) — California will likely have a $25 billion budget deficit next year, state officials announced Wednesday, ending a run of historic surpluses and acting as a warning to other states about a potential recession.
Winter 'Freedom Convoy' blockades cost billions to Canada's economy, inquiry hears

Winter 'Freedom Convoy' blockades cost billions to Canada's economy, inquiry hears

OTTAWA — Transport Canada estimates as much as $3.9 billion in trade activity was halted because of border blockades across the country related to protests against COVID-19 restrictions last winter, a public inquiry heard Wednesday.
Amazon begins mass layoffs among its corporate workforce

Amazon begins mass layoffs among its corporate workforce

NEW YORK (AP) — Amazon has begun mass layoffs in its corporate ranks, becoming the latest tech company to trim its workforce amid rising fears about the wider economic environment.
Vietnamese electric vehicle maker VinFast launches first showroom in Canada

Vietnamese electric vehicle maker VinFast launches first showroom in Canada

TORONTO — Vietnamese electric vehicle maker VinFast says it has opened its first Canadian showroom as it prepares for a wider expansion into the market.
NFI Group reports US$42.6M Q3 loss, revenue up from year ago

NFI Group reports US$42.6M Q3 loss, revenue up from year ago

WINNIPEG — NFI Group Inc. reported a loss of US$42.6 million in its latest quarter compared with a loss of US$15.4 million in the same quarter last year as its revenue edged higher.
Toronto-based Waabi launches AI-powered self-driving system for trucking

Toronto-based Waabi launches AI-powered self-driving system for trucking

Toronto-based Waabi says it is launching its self-driving system in the real world as it looks to push trucking towards a more autonomous future.
Studies find automatic braking can cut crashes over 40%

Studies find automatic braking can cut crashes over 40%

DETROIT (AP) — Two new U.S. studies show that automatic emergency braking can cut the number of rear-end automobile crashes in half, and reduce pickup truck crashes by more than 40%.
Consumer Reports survey: Hybrids are most reliable vehicles

Consumer Reports survey: Hybrids are most reliable vehicles

DETROIT (AP) — Gas-electric hybrids were the most dependable vehicles sold in the U.S. in the past year, while big pickup trucks and fully electric automobiles performed the worst in Consumer Reports' annual reliability survey.