business
Your slice of the bread price-fixing settlement is on its way
Approved claims started getting paid out during the week of May 11, according to the webpage for the class-action settlement. Depending on whether they received a Loblaw gift card in 2018, Canadians who applied can expect to see either $49.11 or $24.11. Source link
Stellantis refreshing North American products — and building 11 new models by 2030
For North America, the plan is designed to expand the automaker’s hybrid offerings, and offer new pickup trucks, a small van and seven “affordable” vehicles. Source link
Elon Musk's SpaceX plans IPO with shares to be sold as soon as June
SpaceX took the wraps off its IPO filing on Wednesday, opening the books of the company that has already revolutionized rocket technology, with even larger ambitions to colonize Mars and build AI data centres in space. Source link
Canadian mining company Sherritt signs preliminary deal to sell majority stake to Gillon Capital
Sherritt suspended direct participation in its joint venture in Cuba earlier this month amid ramped up pressure by the U.S. on the island nation. Source link
Canadian mining company Sherritt International halts plans to dissolve Cuba business amid sanctions
The company says it stopped the dissolution plan after consultations with its advisers, stakeholders and relevant governmental authorities, reversing a decision it announced last week as the U.S. expands sanctions on the country. Source link
Alberta's timeline for West Coast pipeline 'best-case scenario': CIBC analysts
Analysts are encouraged by a “sense of urgency” surrounding a potential new pipeline, but point out the provincial and federal governments still need to agree on the Pathways carbon capture project. There is also opposition to the project from B.C.’s government and some Indigenous groups. Source link
Canada's annual inflation rate rose to 2.8% in April, thanks to soaring energy prices
Economists expected the rate to rise for the month, and it comes after the inflation rate climbed to 2.4 per cent the month before. Source link
Jury set to deliberate in Musk's lawsuit against OpenAI
Elon Musk, the world’s richest person, has accused OpenAI CEO Sam Altman of “stealing” a “charity” and is calling for his ouster from the company’s leadership. A parade of wealthy Silicon Valley figures have taken the witness stand over the past several weeks, while protesters outside the courthouse took aim at both sides. Source link
FIFA is notorious for strict copyright rules. Here’s how Toronto businesses are navigating them
To get a sense of what the rules around FIFA branding are, CBC News went through its publicly shared intellectual property guidelines and its hosting addendum with the city. Source link
Zwilling Kettles recalled by Health Canada due to potential burn risk
The kettle’s handle can loosen or break off entirely during use, resulting in hot water spills and burns. Health Canada says affected consumers should stop using the kettles immediately and register for a refund. Source link