AI an extinction threat? The Associated Press – May 30, 2023 / 6:49 am | Stories: 429253 Photo: The Canadian Press OpenAI CEO Sam Altman. Scientists and tech industry leaders issued a new warning Tuesday about the perils that artificial intelligence poses to humankind. “Mitigating the risk of extinction from AI should be a global … Read More “Artificial intelligence threatens extinction, experts say in new warning – Business News” »
Category: Business News
After faltering about a decade ago in her ambitions to lead the Wildrose Party to power in Alberta, Danielle Smith found redemption on Monday night as leader of the United Conservative Party with a majority victory in the provincial election. Smith became premier in October after winning the UCP leadership vote in the wake of … Read More “Smith faces a slew of financial challenges in Alberta after election victory” »
Some of Adidas’ remaining Yeezy shoes are back on sale — months after the German sportswear company cut ties with Ye, the rapper formerly known as Kanye West. Adidas ended its years long partnership with Ye in late October, in light of his antisemitic remarks and other harmful behavior. In the months that followed, the … Read More “Adidas is selling Yeezy shoes again after cutting ties with Kanye West” »
Breadcrumb Trail Links News energy Electric Vehicles Commodities The price tag may reach as much as $19 billion over a decade, far exceeding the $13 billion promised to Volkswagen Author of the article: Bloomberg News Brian Platt and Gabrielle Coppola Published May 31, 2023 • Last updated 2 days ago • 3 minute read Prime … Read More “Stellantis EV battery plant could cost Canada $19 billion in subsidies” »
Canada’s economy grew by more than expected in the first quarter, upping the odds of the rate hike next week
The Canadian economy grew at an annualized rate of 3.1 per cent in the first quarter of 2023, Statistics Canada reported Wednesday. The latest data shows growth beating out the federal agency’s own forecast of 2.5 per cent for the quarter. A preliminary estimate suggests the economy grew by 0.2 per cent in April, after … Read More “Canada’s economy grew by more than expected in the first quarter, upping the odds of the rate hike next week” »
Canada’s inflation rate reversed its cooling trend last month and moved higher, to a 4.4 per cent annual rate. Economists had been expecting new data released by Statistics Canada on Tuesday to show the cost of living had eased from March’s 4.3 per cent pace to something around 4.1. Instead, it moved higher again, as … Read More “Inflation rate unexpectedly increased in April, jumping up to 4.4%” »
Glitch grounds flights The Canadian Press – May 25, 2023 / 11:06 am | Stories: 428570 Photo: The Canadian Press Air Canada planes sit on the tarmac at Pearson International Airport in Toronto on Wednesday, April 8, 2020. THE CANADIAN PRESS/Nathan Denette Air Canada briefly grounded its planes Thursday due to a problem with its … Read More “Air Canada briefly grounds flights due to computer system problem – Business News” »
Photo: Nelson Bennett. Francois-Philippe Champagne, Canadian minister of Innovation, Science and Industry, was in Vancouver Wednesday announcing $225 million in federal funding for AbCellera. Federal and provincial officials announced $300 million in funding today for the new $700 million biotech campus built by AbCellera (Nasdaq:ABCL )in Mount Pleasant. AbCellera has emerged as one of BC’s … Read More “AbCellera draws $300 million in government funding – Business News” »
