The Canadian dollar was trading near unchanged against its U.S. counterpart on Monday, as markets awaited the release of the U.S. inflation data for January, which could have implications for the monetary policy outlook of both countries. The loonie was also supported by higher oil prices and a positive tone...
Tesla Stock Drops Below $200: Is It a Buy or a Sell?
Tesla (NASDAQ: TSLA) has seen its share price plunge by 25% in the first six weeks of 2024, reaching its lowest level since last spring. The electric vehicle (EV) maker has faced multiple challenges, such as slowing demand, rising interest rates, and increasing competition. However, some analysts and investors believe...
Hershey to Cut Jobs as It Automates Processes to Boost Productivity
Hershey, the US-based confectionery giant, has announced that it will lay off some of its employees as part of a restructuring plan that aims to increase its automation and efficiency. The company, which produces brands such as Reese’s, Kit Kat, and Hershey’s Kisses, has not disclosed the number of jobs...
Canada Invests $89 Million in Dairy, Poultry and Egg Processors
Canada’s Ministry of Agriculture and Agri-Food has announced a new fund of up to $89 million to support 49 projects in the dairy, poultry and egg processing sectors. The fund, which is part of the government’s commitment to compensate the supply-managed sectors for the impacts of recent trade agreements, will...
What You Need to Know About Replacing a Tesla Battery
Tesla is known for its innovative and high-performance electric vehicles (EVs), but what happens when the battery of a Tesla car needs to be replaced? How much does it cost, and what are the options for Tesla owners? Here is a comprehensive guide on replacing a Tesla battery, based on...