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Tesla's troubles are piling up — but the Elon Musk cult is still full of true believers

21 April 2018

Tesla licence plate

Tesla is beset by production problems, it is swimming in debt, its bonds are near junk status, its stock has more people betting against it than any other major company. But there are still good reasons to believe in the world's best known electric car maker.

BP granted approval to start drilling off Nova Scotia's coast

21 April 2018

FSC Map

On Saturday, the Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) gave the green light to the company to begin drilling one deepwater exploration well about 300 kilometres off the coast.

Oil surges toward $70 and stirs dreams of $100

21 April 2018

Oil pumpjack near Acme, Alta

Three years after the devastating oil price crash, optimism is back in the industry as prices are surging toward $70 US per barrel, and thoughts of $100 return. The enthusiasm has even spread to Alberta, although it's tempered.

Bought bitcoin in 2017? Here's how cryptocurrency is taxed in Canada

21 April 2018

Bitcoin

So, you read all the headlines in 2017 about the millions of dollars to be made in cryptocurrencies, and you took the investment plunge. Don't even think about hiding that digital stash from the Canada Revenue Agency, experts warn.

Strike at Canadian Pacific Railway postponed for now, unions say

20 April 2018

li-canadian-pacific-railway

A rail strike has been temporarily averted after the federal labour minister ordered employees of Canadian Pacific Railway Ltd. to vote on the company's final offers, just hours before they were set to walk off the job.

Toys 'R' Us Canada draws $300M 'stalking horse' bid from Fairfax Financial

20 April 2018

Toys R Us Liquidation

Ahead of an auction scheduled next week for the Canadian assets of Toys "R" Us, Fairfax Financial Holdings Ltd. has put in a $300-million offer meant to serve a floor for the bidding.

Oilpatch skeptical about backup plan for Trans Mountain

20 April 2018

Trans Mountain Fuel 20180417

Ottawa believes another proponent could step forward if Kinder Morgan bails on Trans Mountain. The energy sector is less sure.

Cost of living rose in March to highest level since 2014

20 April 2018

Cheap Gasoline Things to Know

Canada's inflation rate rose to 2.3 per cent in the year ending in March, the highest level since October 2014, as gas prices and just about everything else got more expensive.

Pipelines, politics and petrodollars: Here's why Canadian gas prices are spiking

20 April 2018

Gas pump woman

Doing a double take over how much it costs to fill up a tank of gas is a classic Canadian irritation. But a confluence of factors are teaming up at the moment to make that process even more gobsmacking than usual. Here's a look at five big reasons why gas prices are soaring.

NAFTA talks continue through weekend as negotiators scramble for a deal

20 April 2018

Autos NAFTA 20180419

NAFTA negotiating teams will keep bargaining through the weekend in a rush to get a deal by early May, fuelled by a Trump administration desire to meet a legislative deadline.

Crude dips as Trump says he will not accept high oil prices

20 April 2018

Trump

U.S. President Donald Trump criticized OPEC on Friday for output curbs that have helped raise global oil prices and said "artificially" high prices would not be accepted, drawing rebukes from oil-producing countries as prices dipped following his remarks.

Are cures bad for the drug business?

20 April 2018

Financeit Goldman Investment 20171214

A glimpse at the cold calculations required to make profitable drug investments in new genetic technologies such as gene therapy.

Air Canada, WestJet offer cheap basic economy fares for no-frills seekers

20 April 2018

Air Canada

Thought economy was the lowest class on a plane? Think again: Air Canada and WestJet are selling “basic economy” fares that cost less and offer even fewer features.

Spat breaks out between Tim Hortons franchisee factions over public complaints

19 April 2018

Tim Hortons

The Tim Hortons franchisee advisory board is slamming a group representing at least half of the brand's restaurant owners for publicly making complaints about their parent company Restaurant Brands International Inc.

Rogers profit rises by more than a third to $425M

19 April 2018

Tv Boxes Legal Battle

Rogers Communications Inc. reported a $425 million net profit in its first quarter, up 37 per cent from $310 million in the comparable period last year.

Wine industry, business groups disappointed by Supreme Court's interprovincial beer ruling

19 April 2018

BC wine

Business groups and free-market advocates are expressing disappointment with Thursday's ruling by the Supreme Court of Canada that dealt a blow to those who want to see interprovincial trade barriers knocked down.

2 black men arrested at Philadelphia Starbucks push for lasting change

19 April 2018

Starbucks Black Men Arrested

In the week since Rashon Nelson and Donte Robinson were arrested at a Philadelphia Starbucks shop, the men have met with the company's CEO and have started pushing for lasting changes to ensure what happened to them doesn't happen to anyone else.

Gujarat HC on Naroda Patiya: SIT probe doesn't 'inspire much confidence'

22 April 2018

HC, while acquitting Kodnani, who was first made an accused by the SIT in 2008, said discarding investigations carried out by agencies before the SIT, or giving it less weightage, did not arise

For JP and Vajpayee earlier and now Modi, RSS has been a difficult partner

22 April 2018

All the evidence points to many differences of opinion between Prime Minister Narendra Modi and the RSS, with building a temple in Ayodhya chief among them

India's GDP to hit $5 trn by FY2025 thanks to digitisation, reforms: Garg

22 April 2018

The government also proposes to setup 500,000 wi-fi hotspots which will provide broadband access to 50 million rural citizens, Garg said

World Bank approves 'historic' $13-bn capital increase; IMF backs move

22 April 2018

The combined financing arms of the World Bank Group are expected to reach an average annual capacity of nearly USD 100 billion between fiscal 2019 and fiscal 2030

New defence panel evokes mixed response: Is it an old idea with old name?

22 April 2018

In 1978, the Morarji Desai government set up a Defence Planning Committee under the cabinet secretary

Shortage at source responsible for cash crunch: Cong's Praveen Chakravarty

22 April 2018

The government has no business in dictating the RBI on currency management, the former investment banker said

Electronic toll collection on national highways in fast lane

22 April 2018

According to estimates provided by a payments processor, a little more than 1.5 million tags have been issued already - 800,000 in the past four months

Swadeshi flights of fancy

22 April 2018

Keeping Air India 'Indian' is a pointless exercise

A new template of development

22 April 2018

Bijapur, along with Sukma and Dantewada, a hotbed of left wing extremism, is showing the way forward by leveraging several discretionary and budgetary allocations through innovations and convergence

Make in India will boost defence sector

22 April 2018

The government plans two defence industrial production corridors as well as an industry-friendly military production policy to promote defence manufacturing

Interventions that help kids improve self-regulation and behavior

21 April 2018

Children and teens who struggle with self-regulation may be prone to behavioral problems and emotional outbursts that make it hard for them to maintain friendships

Chip-based cancer test may replace painful bone biopsy

21 April 2018

The blood test, described in the journal Integrative Biology, uses a small plastic chip about the size of a credit card

Opposition draws flak for revealing contents of impeachment notice

21 April 2018

According to the provisions in the handbook for Rajya Sabha members, no advance publicity should be given to any notice to be taken up in the House till it is admitted by the chairman

News digest: Fugitives on leash, death penalty for child rapists, and more

21 April 2018

The Union Cabinet on Saturday approved an ordinance to mete out stringent punishment to those convicted of raping girls below 12 years of age

India using digital modes to transform delivery of services

21 April 2018

The main agenda of the G-20 Meeting was to discuss prospects and vulnerabilities of global economy

Apple to offer free replacement batteries in faulty MacBook Pros

21 April 2018

The affected units were manufactured between October 2016 and October 2017

IPL 2018: ABD shows his class as RCB beat Delhi Daredevils by 6 wickets

21 April 2018

Royal Challengers Banglore led by Virat Kohli had a bad start as openers Manan Vohra, Quinton De Kock dismissed cheaply by Delhi Daredevils. Ab de Villiers heroics helped RCB to win match by 6 wickets