Business

Toyota CEO Akio Toyoda talks why he’s not fully into EVs and what made him do a ‘happy dance’

Toyota CEO Akio Toyoda speaks during a small media roundtable on Sept. 29, 2022, in Las Vegas. Toyota LAS VEGAS — Last week, Toyota Motor CEO Akio Toyoda simply declared what he would like his legacy to be: “I love cars.” How the 66-year-old racer, car enthusiast and company scion will be remembered for his …

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How Canada’s empty offices could get a second chance

The COVID-19 pandemic has brought about significant short- and long-term changes in the way people live, play, and especially work. While some aspects of pre-pandemic life, like socializing indoors without a mask and traveling, have returned, offices across the country have yet to return to their pre-pandemic occupancy rates. It remains to be seen whether …

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Tesla shows off disappointing human robot prototype at AI Day 2022

Enlarge / The walking Optimus prototype was demonstrated at the AI ​​Day 2022 event. Tesla Today, at Tesla’s “AI Day” press event, Tesla CEO Elon Musk unveiled an early prototype of his Optimus humanoid robot, which emerged from behind a curtain, walked, waved and “raised the roof” with his hands to the rhythm of techno. …

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Oil prices have fallen, so why are gas prices skyrocketing across Canada? | CBC News

The price of a barrel of oil has fallen about 20 percent in the last month, a situation that would normally result in a comparable drop in the price consumers see when they fill up their cars with gasoline. But imbalances between supply and demand have caused pump prices to move in the opposite direction, …

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Grocery prices are still so high that people are sharing their best cheap recipes

I recently asked members of the BuzzFeed community to share their favorite budget foods that don’t seem cheap. This is what they had to say: 1. “What I made tonight: Bow pasta, bacon, microwaved broccoli and garlic. Use the bacon fat and a little butter to heat the garlic, add the broccoli and pour it …

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Oil Prices

Oil prices could be set for another sharp rise | OilPrice.com

It’s been a rough couple of weeks in the energy market. As potential investors in energy companies, we are not sorry to see the aftermath of last week in particular. That is the understatement of the year. Virtually every negative sentiment — recession, Fed tightening, dollar strength, Chinese demand, inventory buildup, or what amounts to …

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Transit union president says operator’s claim he’s ready to bargain is a ‘100 percent lie’ – Kelowna News

Photo: BC Transit UPDATE: 12:50 p.m. The president of Amalgamated Transit Union Local 1722 says the Kelowna Regional Transit operator’s claims that he has contacted the union to resume negotiations are a “blatant lie.” “We haven’t been invited to the table since we last spoke eight weeks ago,” union president Al Peressini said. “We haven’t …

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Marcellus rig

US shale drillers try to cash in on record European gas prices | OilPrice.com

Just a few years ago, the gas that escaped with oil trapped in shale formations was basically considered waste. Associated gas was flared, and still is in some parts of the shale patch, but the idea of ​​using it was expensive and difficult to realize. There weren’t enough pipelines to get gas to the liquefaction …

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NDP calls for grocery store profits to be investigated as food prices continue to rise | CBC News

The federal NDP is calling for a parliamentary inquiry into rising food costs to determine if major grocery store chains are making excessive profits. While Canada’s inflation problem appears to be easing, the cost of groceries has risen 10.8 per cent in the past year, according to Statistics Canada. NDP agriculture critic Alistair MacGregor said …

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