business

A Montreal couple was confused and upset after they rebooked their Air Canada flight to take advantage of a new sale, and the rebooked tickets cost slightly more. Dynamic pricing, which can cause base fares to fluctuate, was partly to blame. Some experts are calling for more transparency when companies use dynamic pricing during a […]

The top U.S. auto regulator opened an investigation Monday after a Tesla using an automated driving feature slammed into a Texas home at high speed and killed a 76-year-old woman standing inside. Source link

Futures for major U.S. indexes pointed down before the opening bell on Tuesday, while global markets mostly tumbled. Japan’s Nikkei lost 3.6 per cent and South Korea’s KOSPI lost 10 per cent, while European markets had somewhat smaller swings. Source link

Across the United States, fast food chains are turning to AI to run their drive-thru counters – and Canada could be next. Companies say the technology now has higher accuracy than human employees – and some labour organizers worry it could displace fast food workers. Source link

One of the deals includes the rights to the Toys “R” Us and Babies “R” Us Canada names and logos. Another deal includes assets like inventory, leases and equipment, and the final transaction is for a lease at Vaughan Mills mall. Source link

A group of shareholders accused Uber Technologies management and directors of ignoring internal and external warnings about Uber’s alleged failure ​to address sexual abuse by drivers. A spokesperson for Uber says the lawsuit ignores important facts. Source link

Tomato prices rose 45.2 per cent year-over-year in May, according to new inflation numbers released Monday. That’s by far the highest price increase since May last year for any grocery item measured in the Consumer Price Index. Source link

The Competition Bureau has obtained court orders requiring the parent company of Sobeys to produce documents and testimony for its investigation into property controls, which are agreements that can limit the places where a new grocery store can open. Source link

Inflation blew past expectations and rose to 3.2 per cent in May. But core inflation remained on target and the energy price shock is starting to relent. Source link

Canada’s annual inflation rate edged up to 3.2 per cent in May, according to Statistics Canada. Analysts polled by Reuters had estimated ​the annual inflation rate to touch three per cent in May, up ​from 2.8 per cent in April. Source link