Business

WASHINTON, United States — SpaceX is hoping to re-launch Starship, the most powerful rocket ever built, next week, the company said, after an attempt in April ended in a spectacular explosion. “Starship preparing to launch as early as November 17, pending final regulatory approval,” SpaceX said on X Friday evening. …

More than a year after pandemic-era restrictions lifted, many urban downtowns in Canada are still dealing with vacant offices, low foot traffic and safety concerns. Calgary and Winnipeg are two cities putting recovery plans in motion.  Slow post-pandemic recovery continues with national downtown office vacancy rate at 18.9%. At 11 …

The richest people in Canada got a lot richer in 2021, even as the poorest half of all tax filers in Canada saw their income decline by $1,400.  The poorest half of Canadian tax filers saw their incomes drop by $1,400, as gap between rich and poor widens. The richest …

Air Canada says it’s changing its protocols to improve the way it treats passengers with disabilities after several high-profile incidents led to a meeting with politicians in Ottawa on Thursday.  Head of airline met with federal transport minister in Ottawa on Thursday. Air Canada says it’s apologizing and making a …

The Canadian mining company that controls a massive copper mine in Panama says it has no plans to alter its operations despite widespread local protests against the firm’s mining contract that have escalated and turned deadly.  Shares in First Quantum have dropped 40% since opposition to mining contract exploded recently. …

Canadian Tire Corp. Ltd. has cut about three per cent of its corporate work force as it responds to softening consumer demand.  Retailer cites ‘softening consumer demand’ for decision to scale back. Canadian Tire Corp. Ltd. has cut about three per cent of its corporate work force as it responds …

Omegle, a video chat service that connects users with strangers at random, is shutting down after 14 years following allegations of misuse of the platform — particularly the sexual abuse of minors.  Critics say platform has become breeding ground for exploitation. Omegle, a video chat service that connects users with …

Further interest rate hikes from the Bank of Canada are very much still on the table as its governing council remains split on whether rates may need to rise further.  At recent meeting, some argued more hikes are needed while others say current level is enough Further interest rate hikes …

A bowl of rice (Pixabay / mikuratv)  MANILA, Philippines — The Philippine Rice Research Institute (PhilRice), the research and development arm of the Department of Agriculture, said that the country wastes P7.2 billion worth of rice yearly. In a Palace briefing, PhilRice Deputy Executive Director Karen Barroga said that an …

Skimpflation is when companies swap out ingredients in food products for cheaper ones without lowering the price. The practice can be hard to detect because shoppers don’t have access to companies’ recipes.  Skimpflation — switching recipes to use cheaper ingredients — is harder to spot than its cousin, shrinkflation. Daniel …