“Our network was created in the 60s for a village and it was as if it had never evolved,” explains Sutton mayor Robert Benoît, who regrets Hydro-Québec’s slowness in correcting the situation. • Also read: Power outages: Hydro-Québec sends reinforcements to eastern Quebec • Also read: Almost 12,000 houses went dark due to power outages … [Read more…]
Buy now, pay later loans are contributing to a record-breaking holiday shopping season. Economists fear they could also obscure and exacerbate gaps in Americans’ financial well-being. Loans, which allow consumers to pay for purchases in installments, often interest-free, have become very popular due to the high prices and interest rates. Retailers have used them to … [Read more…]
If Adobe had merged with Figma, software newcomer Dylan Field’s 10 percent stake would have been worth $2 billion. David Paul Morris-Bloomberg/Getty Images Every year between Christmas and New Year, Figma gives all employees two weeks of vacation to enjoy the holidays. This year’s companywide PTO looked even brighter as many of the software company’s … [Read more…]
Japanese automaker Daihatsu, a subsidiary of Toyota, announced on Wednesday the temporary delivery of all its vehicle models after an independent investigation found numerous facts about “faking” of its safety tests. Daihatsu admitted last April and May to falsifying crash test results for six of its models, and an independent commission was set up to … [Read more…]
The new rules announced in Ottawa on Tuesday will further increase the pressure on manufacturers to deliver at least 20% of electric cars to dealers within two years and 100% by 2035. • Also read: Electric vehicles: Ottawa advances transition with new credits “It is a credit system that involves financial penalties. “It’s like handing … [Read more…]
Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. Bird Global, the company that pioneered on-road electric scooter rentals, has filed for Chapter 11 bankruptcy protection in Florida, five years after becoming the fastest startup ever to reach a so-called “unicorn” valuation of over $1 … [Read more…]
AtkinsRéalis (formerly SNC-Lavalin) will participate and share its expertise in the design of the world’s largest modern city center in Riyadh, Saudi Arabia. • Also read: SNC-Lavalin changes its name to AtkinsRéalis The Quebec company was hired by the New Murabba Development Company (NMDC) to support the design of the New Murabba Project, a gigantic … [Read more…]
Gifts, lavish meals, family trips: Christmas invites spending, especially in these difficult times when everything seems more expensive. Here you will find five expert tips for saving on vacation. • Also read: “It’s in line with our values”: An eco-friendly family will give fewer gifts at Christmas • Also read: 7 tips for a healthy … [Read more…]
5 minutes ago FedEx and General Mills are the leading premarket moving companies FedEx is the story of the morning on Wall Street, with delivery inventory plunging 10% before the bell following a disappointing second-quarter report. Here are some other notable premarket movers: General Mills – Shares of the food company fell 3% after General … [Read more…]
House for sale with real estate sign “For sale” in the garden in spring or summer. No people. Fstop123 | E+ | Getty Images According to the Mortgage Bankers Association’s seasonally adjusted index, mortgage demand fell last week compared to the previous week, even as interest rates continued to fall. The average contract interest rate … [Read more…]