Business

Meta slashes 8,000 jobs, or 10% of its workforce, as Microsoft offers buyouts

Meta is laying off about 8,000 workers, or about 10% of its workforce, the company said Thursday. The company said it was making the cuts for the sake of efficiency and to allow new investments...

57m ago

Kellogg is putting toys back into some cereal boxes as a 'Toy Story 5' tie-in

If you've missed rooting around in a cereal box for a toy, you're in luck. WK Kellogg Co. said Thursday it's including toys with some of its breakfast cereals for the first time in more than...

33m ago

Firefighter heard ‘stop, stop’ before LaGuardia jet crash, but didn’t know who it was for, NTSB says

NEW YORK (AP) — A firefighter whose truck collided with an Air Canada Express jet last month on a runway at LaGuardia Airport in New York, killing both pilots, heard an air traffic controller warn “stop,...

1h ago

Lululemon shares tumble 12% after former Nike exec named new CEO

Lululemon Athletica Inc.'s share price slid by almost 12 per cent a day after the retailer named a new CEO. The Vancouver-based company's shares were trading on the Nasdaq for about US$144 around mid-afternoon...

2h ago

CBSA investigating alleged dumping of steel racks from China

OTTAWA — The Canada Border Services Agency has launched an investigation into the alleged dumping of steel racks from China. The agency says the investigation to determine whether steel racks are being...

4h ago

Home mail delivery will continue along rural roads, Canada Post confirms

Canada Post says rural residents with individual roadside mailboxes will continue to receive home mail delivery for the foreseeable future. The Crown corporation recently announced that delivery to about...

5h ago

Carney says tariffs 'more than irritants' as U.S. officials complain about booze ban

OTTAWA — Canada is not just sitting back "taking notes" or "instructions" from the Americans on how to go about trade talks after White House officials complained publicly about trade irritants, Prime...

1h ago

WestJet joins Air Canada in increasing fees for checked baggage

WestJet has increased its checked baggage fees effective Thursday, joining Air Canada, which also announced a similar measure in recent days. In a statement to CityNews, WestJet said it updated its...

5h ago

Fact File: Claims higher ethanol fuel blends damage cars exaggerated, expert says

When the United States allowed the widespread sale of gasoline with increased ethanol content at the pumps as a temporary measure to relieve soaring prices, online posts claimed the blend of ethanol and...

5h ago

Housing minister says Liberal ridings aren't favoured for funding after Gladu comment

OTTAWA — Housing Minister Gregor Robertson says Ottawa is not prioritizing infrastructure funding in Liberal ridings after floor-crossing MP Marilyn Gladu implied earlier this month that she was getting...

2h ago