business
LG Energy Solution flags 1st quarter operating loss on weak EV demand
LGES, which supplies Tesla, General Motors and Hyundai Motor among others, has been grappling with weaker EV battery demand, with one of its major customers, GM, idling a Detroit EV plant until April . Source link
WestJet introducing temporary fuel surcharge on companion voucher bookings
WestJet’s new temporary fuel surcharge of $60 on all companion voucher bookings takes effect Wednesday, April 8. Source link
Hyundai recalls some Canadian vehicles due to seatbelt issue
In some cars, a wiring issue with the seatbelt may cause the seatbelt indicator to say the belt in the third-row driver’s side seat is buckled, even when it’s not. Hyundai says it will notify affected drivers in writing, though drivers can also check if they are impacted by the recall online. Source link
The energy crisis is getting worse. How protected is Canada?
The pain at the pumps and the expected rise in inflation is a financial challenge for many as the cost of living continues to climb, but overall, the country is not nearly as exposed to the impacts of the energy crisis as many other countries. Source link
Amazon adding fuel surcharge for Canadian sellers starting April 17
Amazon is applying a fuel surcharge to fulfillment fees for Canada-based sellers starting on April 17, a spokesperson for the e-commerce giant confirmed to CBC News on Thursday. Source link
Stellantis talks to build Chinese EVs in Brampton is 'unacceptable': Ontario premier
Ontario Premier Doug Ford has reacted to reports that Stellantis is in talks with a Chinese automobile manufacturer about the possibility of building Chinese electric vehicles in Canada at its idled Brampton assembly plant. Source link
Wall Street set for lower open after Trump's comments dent Iran resolution hopes
Wall Street’s main indexes were set for a lower open on Thursday, in the last session of a holiday-truncated week, after President Donald Trump signaled more aggressive attacks on Iran, dampening expectations for a swift end to the Middle East conflict. Source link
Hershey says it will go back to classic recipe for all Reese's products after criticism
Hershey said Wednesday it will use classic recipes for all Reese’s products starting next year, a change that comes after the grandson of Reese’s founder criticized the company for shifting to cheaper ingredients. Source link
Canada Post is planning to end home delivery. Here's how community mailboxes will work
If your dog goes crazy every time the mail delivery person shows up at your door, you may be relieved to know that it soon may no longer be a problem. But beyond that, a lot of people are uncertain what the pending demise of door-to-door mail delivery means for them. Source link
Which consumer services are adding a fuel surcharge (or not) as oil prices rise?
As the war in the Middle East continues, crude oil prices are hovering well above the $100 US mark — a pressure that is starting to weigh on consumer-facing, fuel-guzzling businesses like airlines, shipping couriers and rideshare companies. Source link