Business

Halifax developer Alex Halef just lost a case where he argued installing guardrails meant to protect workers from injuries or death at a building his company is constructing in the city’s north end “will cost an extraordinary amount of time, effort and money, and will cause confusion on the job site.” The Labour Board denied Halef’s company, 5858 Macara St. Ltd., an interim suspension of a compliance order issued under the province’s workplace health and safety regulations after workers were caught breaking the rules.

Workplace deaths trended down in Nova Scotia in 2023

Eighteen Nova Scotians died on the job or because of their work in 2023. That’s down from 24 deaths in 2022. The Workers’ Compensation Board of Nova Scotia released its workplace fatality statistics on Monday. “I would never say there is good news ...

Updated 10 hours ago |2 min read

A multimillion-dollar question: Should the lobster carapace size be increased in southwestern Nova Scotia?

Updated a day ago |9 min read

Lobster fishing boats make their way into the Falls Point Wharf in Woods Harbour after a day on the fishing grounds. Kathy Johnson

2024 Outlook: Busy tourism season expected in southwestern Nova Scotia

Updated a day ago |10 min read

National Acadian Day celebrations in Pubnico. This year the Acadian culture will take on a huge presence with the World Acadian Congress happening in southwestern Nova Scotia in August. CHRISTIAN WEBBER/TOURISM NOVA SCOTIA

BDC employees paid over $250 million in bonuses since 2019: documents

Updated Apr. 20, 2024 |4 min read

Canada aims to attract Honda and others with EV tax incentives

Updated a day ago |6 min read

Toymaker Mattel's quarterly loss smaller than expected as cost cuts pay off

Updated 1 minutes ago |2 min read

Analog chipmaker Texas Instruments forecasts quarterly revenue above estimates

Reuters |Updated 1 minutes ago |1 min read

(Reuters) - Chipmaker Texas Instruments forecast second-quarter revenue above Wall Street estimates on Tuesday, as consumer electronics demand improved after months of declines, more than offsetting the impact from chip inventory corrections in ...

Visa credit and debit cards are seen in this picture illustration taken August 2, 2022.

Visa's profit rises on strong consumer spending

Reuters |Updated 9 minutes ago |1 min read

(Reuters) - Visa reported a rise in its second-quarter profit on Tuesday, as consumers shrugged off worries of a broad economic slowdown and continued to spend on dining out and travel. U.S. consumer spending has remained remarkably resilient ...

Tesla's quarterly revenue falls for the first time since 2020

Reuters |Updated 1 minutes ago |1 min read

(Reuters) - Tesla's revenue fell in the first quarter as it handed over fewer electric vehicles to customers due to slowing demand and intense competition worldwide. The company on Tuesday reported revenue of $21.3 billion for the three months ...

WeWork founder Neumann wants bankruptcy court's help in bid to repurchase company

Dietrich Knauth |Updated 21 minutes ago |3 min read

By Dietrich Knauth (Reuters) - WeWork founder Adam Neumann has asked a U.S. bankruptcy judge to help his bid to re-acquire the coworking business, saying Monday that WeWork's management should engage in talks or be forced to cede control of the ...

An employee works on an Airbus A220-300 at the Airbus facility in Mirabel, Quebec, Canada February 20, 2020.

Airbus wins reprieve from Canadian sanctions on Russian titanium

Reuters |Updated 1 minutes ago |1 min read

MONTREAL/OTTAWA (Reuters) - Canada has granted Airbus a waiver to allow it to use Russian titanium in its manufacturing after becoming the first Western government to ban supplies of the strategic metal in its latest package of measures triggered ...

CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs

Reuters |Updated 1 hour ago |1 min read

The Canadian dollar strengthened against the greenback on Tuesday, and the yield on benchmark government debt climbed. The loonie was trading 0.3% higher at C$1.3661 to the greenback, or 73.2 U.S. cents, after trading in a range of 1.3657 to 1.3714.

A Chinese investor monitors share prices in front of dozens of umbrellas left to dry at a Shanghai securities firm August 9, 2001./File Photo

Foreigners add net $32.7 billion to EM portfolios in March -IIF

Rodrigo Campos |Updated 1 hour ago |1 min read

By Rodrigo Campos NEW YORK (Reuters) - Foreigners added about $32.7 billion to their emerging market portfolios in March, a fifth consecutive month of overall foreign net flows to EMs, the Institute of International Finance said on Tuesday. The ...

Tesla to lay off more than 3,000 employees in California, notices show

Reuters |Updated 1 hour ago |1 min read

(Reuters) - Tesla is set to cut 3,332 jobs in California, the electric-vehicle maker said in multiple Worker Adjustment and Retraining Notification (WARN) notices on Monday. (Reporting by Akash Sriram in Bengaluru and Hyunjoo Jin in San ...

Exclusive-US defense contractor L3Harris to cut 5% of workforce to save costs, email shows

Utkarsh Shetti, Nathan Gomes and Mike Stone |Updated 1 hour ago |2 min read

By Utkarsh Shetti, Nathan Gomes and Mike Stone (Reuters) - U.S. defense contractor L3Harris Technologies Inc will cut 5% of its workforce this year as part of a cost saving measure, CEO Chris Kubasik said in an email to employees seen by Reuters ...

Figurines with computers and smartphones are seen in front of the words "Artificial Intelligence AI" in this illustration taken, February 19, 2024.

Italy's cabinet outlines framework, investment for Artificial Intelligence

Angelo Amante |Updated 1 hour ago |2 min read

By Angelo Amante ROME (Reuters) - Italy's cabinet approved a bill on Tuesday aimed at laying down ground rules for the use of Artificial Intelligence (AI), earmarking investment in the sector and setting sanctions for AI-related crimes, ministers ...