Business news

• pVerify launches Highly scalable, Disaster-resistant Patient Eligibility Healthcare Infrastructure with Human-enabled AI

  23-06-2020 17:14
  
  pVerify launches highly scalable, disaster-resistant IT infrastructure for eligibility in collaboration with Onix. "With this enhancement, pVerify joins the ranks of the most robust clearinghouses out there, providing fault tolerance, ability to handle over 100 million transactions a month, and smooth recovery in case of data center outage," said Robert Dejournett, PhD, Chief Technology Officer, pVerify. "Customers are used to pVerify's excellent robustness, and this enhancement puts us at 'five
  
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• Air Canada's cheapest tickets on some routes will no longer include carry-on baggage

  04-12-2024 17:29 via cbc.ca
  
  Months after WestJet added a controversial ultrabasic ticket that didn’t allow travellers to bring a carry-on bag, Air Canada is following suit by stripping carry-on baggage from its cheapest tickets on some routes. 
  
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• Air Canada's cheapest ticket will no longer include carry-on baggage

  04-12-2024 17:29 via cbc.ca
  
  Months after WestJet added a controversial ultrabasic ticket that didn’t allow travellers to bring a carry-on bag, Air Canada is following suit by stripping carry-on baggage from its cheapest ticket. 
  
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• Losses in China lead to $5B charge for General Motors as it cuts the value of its assets

  04-12-2024 13:28 via cbc.ca
  
  The poor performance of the Detroit automaker's Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totalling more than $5 billion USD in the fourth quarter of this year.
  
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• Cargill plans to slash roughly 8,000 jobs globally

  03-12-2024 18:29 via cbc.ca
  
  The company, which operates in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec and Ontario, plans to cut five per cent of its global workforce.
  
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• Musk's $56B Tesla compensation is rejected by judge, again

  03-12-2024 13:05 via cbc.ca
  
  A Delaware judge ruled on Monday that Tesla CEO Elon Musk still is not entitled to receive a $56 billion US compensation package despite shareholders of the electric vehicle company voting in June to reinstate it.
  
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• Rogers CEO in hot seat as MPs grill him over contracts customers call unfair and misleading

  03-12-2024 02:56 via cbc.ca
  
  Rogers Communications CEO Tony Staffieri was summoned to appear before a parliamentary committee to defend contracts with clauses that allow monthly prices to increase while customers are locked in.
  
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• Still no deal between Canada Post and its striking staff

  02-12-2024 23:59 via cbc.ca
  
  Negotiations between Canada Post and the union for postal workers are still on hold as of Monday afternoon, though both sides have said they're working to get back to the table.
  
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• Phil Verster no longer CEO of Metrolinx

  02-12-2024 20:06 via cbc.ca
  
  Phil Verster is out as CEO and president of Metrolinx, the province says.
  
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• Metrolinx CEO Phil Verster resigns after 7 years on the job

  02-12-2024 20:06 via cbc.ca
  
  Phil Verster is out as CEO and president of Metrolinx, the province says.
  
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• U.S. Postal Service won't accept Canada-bound mail for now due to strike

  02-12-2024 17:50 via cbc.ca
  
  The U.S. Postal Service has temporarily suspended accepting mail headed to Canada due to the strike by Canada Post workers.
  
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• Stellantis CEO Carlos Tavares steps down as carmaker continues struggle with slumping sales

  02-12-2024 14:15 via cbc.ca
  
  Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the automaker, which owns car brands like Jeep, Citroen and Ram, amid an ongoing struggle with slumping sales.
  
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• Quebec's Lion Electric temporarily lays off more than half of remaining workforce

  02-12-2024 13:57 via cbc.ca
  
  The electric bus and truck manufacturer announced 400 more temporary layoffs in Canada and the United States, adding to the 520 workers that were laid off earlier this year.
  
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• Canada Post presents union with 'framework' to reach deal, end strike

  02-12-2024 01:42 via cbc.ca
  
  The latest move from Canada Post comes after the union filed an unfair labour practice complaint with the Canada Industrial Relations Board over the layoffs of striking employees, saying the layoffs are an "intimidation tactic" that violates the Canada Labour Code.
  
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• American Airlines flight returns to Chicago airport after ‘possible maintenance issue’ mid-flight

  01-12-2024 19:59 via foxbusiness.com
  
  An American Airlines flight was forced to turn around midair and return to an airport in Chicago after a "possible maintenance issue," the airline told Fox News Digital on Sunday.American Airlines flight 1047 was heading from Chicago O’Hare International Airport (ORD) to Las Vegas when the incident happened, an American Airlines spokesperson said."Flight 1047 returned to ORD for a possible maintenance issue," the spokesperson said. "The flight landed safely and taxied to the gate."The airl
  
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• Elon Musk's SpaceX launches fifth mission bolstering US government reconnaissance satellite architecture

  01-12-2024 19:30 via foxbusiness.com
  
  SpaceX conducted its fifth launch of National Reconnaissance Office (NRO) proliferated architecture on Saturday from California. The NRO said it partnered with the U.S. Space Force’s Space Launch Delta 30 and SpaceX to successfully launch the NROL-126 mission aboard a SpaceX Falcon 9 rocket. It happened from Space Launch Complex 4 East at Vandenberg Space Force Base in California at 3:10 a.m. ET."This mission is the fifth launch of the NRO’s proliferated architecture, showc
  
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• OpenAI CEO Sam Altman looking forward to working with Trump admin, says US must build best AI infrastructure

  01-12-2024 18:13 via foxbusiness.com
  
  Sam Altman, CEO of OpenAI, the creator of ChatGPT, on Sunday said he is looking forward to working with the incoming Trump administration, adding that he thinks President-elect Trump will succeed at helping to make America a world-leading force in artificial intelligence (AI) infrastructure.Altman made the remarks during an interview that aired on "Fox News Sunday," where he emphasized how "super important" it is for the U.S. and its allies to lead the charge on infrastructure that will support
  
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• Southwest Airlines makes change reducing passenger movement in effort to lower injury risk

  01-12-2024 14:36 via foxbusiness.com
  
  Southwest Airlines is making a change this week "to reduce the risk of in-flight turbulence injuries," the company confirmed to FOX Business.The airline is changing procedures for crew members and customers starting Wednesday. Rather than preparing the cabin for landing at 10,000 feet, flight attendants will start doing so at an altitude of 18,000 feet."It is the result of the airline’s close collaboration with its Labor partners and a robust approach to Safety Management," Southwest said
  
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• Christmas movies dominate thanks to celebration of 'faith, family and country': Hollywood exec

  01-12-2024 14:00 via foxbusiness.com
  
  The explosion in popularity of Christmas movies reflects Americans' love for "faith, family and country," according to Hollywood executive Bill Abbott.Last month, Abbott, who is the president and CEO of the faith and family-based entertainment company Great American Media, unveiled the slate of new films in its fourth annual Great American Christmas franchise.During an interview with Fox News Digital, Abbott shared his thoughts on how the Christmas movie genre has come to dominate the holiday se
  
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• More women are the breadwinners in Canadian families — but less so if they have kids

  01-12-2024 10:00 via cbc.ca
  
  Women are the breadwinners in a growing percentage of Canadian families, according to a new report. But this is less likely to be true if that woman has children, and the proportion drops the more kids she has.
  
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• Is Trump really planning to revive Keystone XL? And is there even life left in that pipeline plan?

  01-12-2024 10:00 via cbc.ca
  
  There's talk in Washington that president-elect Donald Trump plans to revive the Keystone XL pipeline project that would transport oil from northern Alberta to the U.S. midwest. Even setting aside Trump's proposed 25 per cent tariff on Canadian goods, experts warn the plan would face significant hurdles.
  
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• Trump warns BRICS countries if they try to replace dollar: '100% tariffs'

  01-12-2024 02:42 via foxbusiness.com
  
  President-elect Trump on Saturday threatened "100% tariffs" on the bloc of countries known as BRICS – Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates – if they try to replace or move away from the U.S. dollar. "The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER," Trump wrote on Truth Social on Saturday afternoon."He continued, "We require a commitment from these Countries th
  
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• 5 iconic companies that stepped away from 'diversity, equity, and inclusion' initiatives

  01-12-2024 00:00 via foxbusiness.com
  
  Major companies in the U.S. are backing out of diversity, equity, and inclusion (DEI) efforts, with Walmart being among the most recent to join the chorus amid mounting pressure from conservatives.Many proponents of DEI argue that the effort corrects historical injustices and systemic inequities. However, conservatives say that it promotes division instead, leading DEI initiatives to be subject to attacks by conservatives and state legislatures across the U.S. One of the most prominent figu
  
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• Rupert Grint, 'Harry Potter' actor, ordered to pay $2.3 million after losing legal dispute over taxes

  30-11-2024 23:23 via foxbusiness.com
  
  Rupert Grint, best known for playing Ron Weasley in the "Harry Potter" film franchise, reportedly owes $2.3 million after losing a legal battle with tax authorities in London.According to The Associated Press, Grint was ordered to pay the amount in 2019 after the U.K. tax agency, H.M. Revenue and Customs, investigated his tax return from the 2011-2012 tax year. Representatives for Grint and H.M. Revenue and Customs did not immediately respond to Fox News Digital's request for comment. 
  
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• FAA reports 'record number' of Thanksgiving week flights

  30-11-2024 22:27 via foxbusiness.com
  
  A "record number" of flights traveled across the U.S. during Thanksgiving week this year, the Federal Aviation Administration says. Between Sunday, Nov. 24 and Thursday, Nov. 28, the FAA says it "safely moved more than 232,000 flights" in the U.S., including 52,000 alone on Tuesday. A total of 12,137,606 people passed through Transportation Security Administration checkpoints during that timeframe, including more than 2.7 million the day before Thanksgiving, according to the latest fig
  
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• Wyoming 'Little Yellowstone' ranch up for sale for $85 million

  30-11-2024 16:32 via foxbusiness.com
  
  A massive Wyoming ranch labeled "Little Yellowstone" recently went up for sale with an eight-figure price tag. The sellers, identified as the May family, are seeking $85 million for the massive ranch that members of the family have held for nearly 130 years, according to its listing with Latham Jenkins of Live Water Properties.The ranch, officially named "Antlers Ranch," sits close to Meeteetse, a town south of Cody. It first appeared on the market in early August.Antlers Ranch’s land
  
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• Jessie James Decker says being a business owner is 'not for the faint of heart'

  30-11-2024 14:30 via foxbusiness.com
  
  Jessie James Decker knows what it takes to be a business owner, and it's not for everyone.During an interview with FOX Business, the Kittenish founder detailed some of the ups and downs she's faced since launching her clothing brand 10 years ago."Being a business owner is hard. I mean, I'm not going to sugarcoat it. You have to manage a lot. And I feel like I'm always able to think about a lot of little things at once. I'm always able to kind of, you know, multitask. It's definitely a talent of
  
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• Competition Bureau's legal action against Google puts major U.S. cases in 'Canadian context'

  30-11-2024 10:00 via cbc.ca
  
  In its case targeting how Google buys and sells online advertising in Canada, the Competition Bureau says the company "has abused its dominant position." But those who study the tech giant say reducing its market influence won't be easy.
  
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• Competition Bureau says Google 'abused' its dominance of online ads. But what can really be done about it?

  30-11-2024 10:00 via cbc.ca
  
  In its case targeting how Google buys and sells online advertising in Canada, the Competition Bureau says the company "has abused its dominant position." But those who study the tech giant say reducing its market influence won't be easy.
  
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• Thousands of cucumbers, eggs recalled over salmonella concerns

  30-11-2024 04:00 via foxbusiness.com
  
  Thousands of cucumbers sold in the United States and Canada and eggs sold in several U.S. states are being recalled over salmonella concerns, according to the U.S. Food and Drug Administration. SunFed Produce is recalling all sizes of its whole fresh American cucumbers packaged in bulk cardboard containers that either have the "SunFed" label or the label "Agrotato, S.A. de C.V.," the grower’s name, which were sold between Oct. 12 and Nov. 26. The voluntary recall came after 68 pe
  
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