Business

Canada's top plastic polluters, service centres under scrutiny: CBC's Marketplace consumer cheat sheet

A new class-action lawsuit claims drivers are being misled about their vehicle’s maintenance schedule, raising questions about how often drivers need to service their cars or even change the oil. (Mike Blake/Reuters) Miss something this week? Don’t panic. CBC’s Marketplace rounds up the consumer and health news you need. Want this in your inbox? Get the Marketplace newsletter every Friday. Nestle and Tim Hortons top plastic ...

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How board members at Alberta Energy Regulator were duped repeatedly

Alberta Ethics Commissioner Marguerite Trussler, left, Public Interest Commissioner Marianne Ryan, centre, and Auditor General Doug Wylie speak in Edmonton on Oct. 4, sharing their findings from their respective independent investigations into the activities related to the International Centre of Regulatory Excellence (ICORE) at the Alberta Energy Regulator. (Jason Franson/The Canadian Press) If business school professors are looking for new ...

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MasterCard, Visa exit Facebook's Libra digital currency plan

Visa and MasterCard announced they are leaving the Libra Association. France and Germany last month pledged to block Libra from operating in Europe and backed the development of a public cryptocurrency instead. (Dado Ruvic/Reuters) Visa and MasterCard on Friday announced their departure from Facebook’s Libra project, a potentially fatal blow to the social network’s plan for a worldwide digital currency. ...

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Trump sees 'good things' in trade talks, China dangles partial deal

U.S. Treasury Secretary Steve Mnuchin shakes hands with China’s Vice Premier Liu He before holding fresh trade talks in Washington, U.S., October 10, 2019. (Yuri Gripas/Reuters) U.S. President Donald Trump sounded an optimistic note on Friday as high-level trade talks with China entered a second day, while Beijing indicated it was open to a “partial” deal that would avoid a ...

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Boeing, FAA both faulted in certification of the 737 Max

United Airlines gives up plans to return a grounded Boeing plane to service this year, keeping the jets out of its schedule until Jan. 6. (Julio Cortez/Associated Press) Boeing withheld key information about its 737 Max plane from pilots and safety officials, and regulators lacked the expertise to understand an automated flight system on the new plane that has been ...

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Hyundai, Kia earmark $760 million to settle U.S. lawsuits over engine fires

Hyundai Motor Co and affiliate Kia Motors Corp have earmarked 900 billion won ($758 million US) to settle U.S. class action litigation and address engine-related issues in the United States and South Korea. (Stephen Lam/Reuters) Hyundai Motor Co. and affiliate Kia Motors Corp. have earmarked 900 billion won ($758 million US) to settle U.S. class action litigation and address engine-related ...

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Canada added 54,000 jobs in September, StatsCan says

The economy added 54,000 jobs in September, bringing the unemployment rate down to 5.5 per cent from 5.7 per cent, according to Statistics Canada. The gains were mostly in full-time work, the agency’s Labour Force Survey says. There are 456,000 more jobs in Canada than a year ago, bringing employment up 2.4 per cent. The rate of employment grew in Ontario ...

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