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FAA investigating how titanium parts with falsified records wound up in Boeing and Airbus planes

FAA investigating how titanium parts with falsified records wound up in Boeing and Airbus planes

Federal regulators are investigating how parts made with titanium that was sold with falsified quality documentation wound up in Boeing and Airbus passenger jets that were built in recent years.
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Red Lobster Canada to ask court to recognize stalking horse bid, OK sales process

Red Lobster Canada to ask court to recognize stalking horse bid, OK sales process

TORONTO — Red Lobster Canada will ask an Ontario court next week to recognize a stalking horse bid from its lenders and approve a sales process for its assets.
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Anxiety over persistent inflation helps drive down US consumer sentiment for third consecutive month

Anxiety over persistent inflation helps drive down US consumer sentiment for third consecutive month

WASHINGTON (AP) — U.S. consumer sentiment fell in June for the third straight month as Americans took a dimmer view of their own finances and worried about persistent inflation.
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Statistics Canada reports wholesale sales up 2.4% in April

Statistics Canada reports wholesale sales up 2.4% in April

OTTAWA — Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 2.4 per cent to $83.3 billion in April.
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Statistics Canada reports manufacturing sales up 1.1% at $70.8B in April

Statistics Canada reports manufacturing sales up 1.1% at $70.8B in April

OTTAWA — Statistics Canada says manufacturing sales rose 1.1 per cent to $70.8 billion in April, helped by gains in sales of transportation equipment, primary metals and chemical products. The increase followed a decline of 1.8 per cent in March.
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Pope Francis becomes the first pontiff to address the Group of Seven nations, talking about AI

Pope Francis becomes the first pontiff to address the Group of Seven nations, talking about AI

BARI, Italy (AP) — Pope Francis became the first pontiff to address the Group of Seven nations on Friday, raising the promise and perils of artificial intelligence to the leaders of the world’s leading industrialized nations.
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Elon Musk wins back his $44.9 billion Tesla pay package in shareholder vote

Elon Musk wins back his $44.9 billion Tesla pay package in shareholder vote

DETROIT (AP) — Tesla shareholders voted Thursday to restore CEO Elon Musk's record $44.
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Ontario awarded nearly $1M in contracts for business case on moving science centre

Ontario awarded nearly $1M in contracts for business case on moving science centre

TORONTO — Ontario awarded nearly $1 million in contracts to various companies to write a business case on moving the Ontario Science Centre to Ontario Place on Toronto's waterfront, The Canadian Press has learned.
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B.C. politicians ask for audit of $3.86 billion North Shore water treatment plant

B.C. politicians ask for audit of $3.86 billion North Shore water treatment plant

VANCOUVER — A group of local politicians from B.C.'s Lower Mainland are asking the provincial auditor general to investigate how the cost of a wastewater treatment plant could balloon to $3.86 billion.
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Bank CEOs push back on MP calls to reduce oil and gas funding

Bank CEOs push back on MP calls to reduce oil and gas funding

The CEOs of Canada's five biggest banks stuck to the message that they're committed to help in the energy transition as they were questioned by a parliamentary committee Thursday about their impacts on climate change.
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