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Automotive
Automotive
US shoppers sharply boosted spending at retailers in July despite higher prices
WASHINGTON (AP) — Americans stepped up their spending at retailers last month by the most in a year and a half, easing concerns that the economy might be weakening under the pressure of higher prices and elevated interest rates.
Aug 15, 2024 9:59 AM
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Annual US inflation falls to 3-year low, clearing the way for the Fed to begin cutting rates
WASHINGTON (AP) — Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September.
Aug 14, 2024 10:35 AM
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Auto workers union seeks NLRB investigation of Trump and Musk comments about firing striking workers
DETROIT (AP) — The United Auto Workers union has filed unfair labor practice charges against Republican presidential nominee Donald Trump and Tesla CEO Elon Musk after the two discussed on social media about Musk supposedly firing striking workers.
Aug 13, 2024 3:49 PM
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AutoCanada announces cybersecurity breach, earnings hit by previous incident
EDMONTON — AutoCanada Inc. says it has found a cybersecurity breach of its systems that could disrupt operations as it also reported a financial loss for the second quarter because of a separate cybersecurity incident.
Aug 13, 2024 2:18 PM
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OrganiGram: Fiscal Q3 Earnings Snapshot
TORONTO (AP) — TORONTO (AP) — OrganiGram Holdings Inc. (OGI) on Tuesday reported fiscal third-quarter earnings of $2.1 million. On a per-share basis, the Toronto-based company said it had net income of 2 cents.
Aug 13, 2024 4:20 AM
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Indians wanting their money back for undelivered Teslas shows how drastically the EV market changed
HANOI, Vietnam (AP) — In April 2016, Elon Musk invited Indians to preorder the upcoming Tesla Model 3. Vishal Gondal was one of the first to sign up, paying a $1,000 deposit for a car that never arrived.
Aug 12, 2024 10:07 PM
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Where do you live? That's a complicated question for a California town with no street addresses
CARMEL-BY-THE-SEA, Calif. (AP) — No one in this wealthy California community known for its white-sand beaches and storybook charm has a street address. But unlike the houses in Carmel-By-The-Sea, those days may soon be numbered.
Aug 10, 2024 9:09 PM
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Stellantis warns union of 2,000 or more potential job cuts at an auto plant outside Detroit
Stellantis is warning that it could lay off as many as 2,450 of the 3,700 union workers employed at a truck plant just outside of Detroit.
Aug 9, 2024 3:57 PM
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Wall Street ends a wild and scary week almost exactly where it began. More tests loom next week
NEW YORK (AP) — After a manic week that began with Japanese stocks falling to their worst loss since 1987's Black Monday , only for U.S.
Aug 9, 2024 2:21 PM
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Poilievre calls for tariffs on Chinese EVs, Liberals imply they're already coming
OTTAWA — A future Conservative government would slap massive import tariffs on Chinese-made electric vehicles and a host of other products in a bid to protect Canadian jobs, Leader Pierre Poilievre said Friday.
Aug 9, 2024 10:58 AM
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