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Toyota CEO Akio Toyoda to step aside, become chairman

Toyota CEO Akio Toyoda to step aside, become chairman

TOKYO (AP) — Toyota set up a new leadership team Thursday in what the Japanese automaker said was a move to stay abreast of social changes like electrification and becoming a wider “mobility company.
Montreal 'smart factory' aims to demonstrate potential of warehouse automation

Montreal 'smart factory' aims to demonstrate potential of warehouse automation

MONTREAL — As a robotic arm at a Montreal demonstration facility attempts to pick up a small box, it senses that it doesn't have a good grip, puts the package down, adjusts and tries again.
Donald Trump to be allowed back on Facebook after 2-year ban

Donald Trump to be allowed back on Facebook after 2-year ban

Facebook parent Meta said Wednesday it will restore former President Donald Trump 's personal account in the coming weeks, ending a two-year suspension it imposed in the wake of the Jan. 6 insurrection.
Sawmill permanently closing as Canfor restructures B.C. operations

Sawmill permanently closing as Canfor restructures B.C. operations

VANCOUVER — Canfor Corporation says it is "restructuring" its operations in British Columbia, permanently closing one sawmill and shuttering another for an extended period amid plans to build a new wood manufacturing facility.
Coastal GasLink fined again for sediment, erosion in pipeline work

Coastal GasLink fined again for sediment, erosion in pipeline work

VICTORIA — The company that is building a natural gas pipeline across northern British Columbia has been fined for a third time as a result of failure to comply with the requirements of its environmental assessment certificate. The B.C.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,599.60, down 29.95): Royal Bank of Canada (TSX:RY). Financials. Down $1.63, or 1.21 per cent, to $133.49 on 14.7 million shares.
Best Buy trims jobs as sales of electronics slump following pandemic surge

Best Buy trims jobs as sales of electronics slump following pandemic surge

Best Buy, one of the country's largest consumer electronics retailers, is laying off about 0.7 per cent of its workforce, estimated to be about 700 employees.
S&P/TSX composite slightly down on energy and industrials; U.S. stock markets mixed

S&P/TSX composite slightly down on energy and industrials; U.S. stock markets mixed

TORONTO — Canada's main stock index closed down just 30 points Wednesday as losses in energy and industrials outweighed gains in other areas, while U.S. stock markets were mixed. The S&P/TSX composite index was down 29.95 points at 20,599.60.
Stocks erase big losses driven by profit fears, end flat

Stocks erase big losses driven by profit fears, end flat

NEW YORK (AP) — Stocks shook off an early slide and wound up little changed as worries about corporate profits weighed on the market. The S&P 500 ended barely lower and the Dow ended barely higher. The Nasdaq fell 0.2%.
Here's what another Bank of Canada rate hike means for Canadians

Here's what another Bank of Canada rate hike means for Canadians

TORONTO — The Bank of Canada hiked its key interest rate by a quarter of a percentage point Wednesday, bringing it to 4.5 per cent — the highest it's been since 2007.