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Ritchie Bros. Auctioneers buying IAA in deal worth US$7.3 billion, including debt

Ritchie Bros. Auctioneers buying IAA in deal worth US$7.3 billion, including debt

VANCOUVER — Shares in Ritchie Bros. Auctioneers Inc. plunged nearly 20 per cent after it announced a deal Monday to acquire U.S. company IAA Inc. in a transaction it valued at about US$7.3 billion including the assumption of US$1.
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Delays for new hybrid, electric cars reach years — not months — amid supply crunch

Delays for new hybrid, electric cars reach years — not months — amid supply crunch

When Jesse Chiasson called a car dealership last month to buy a new vehicle, he ended up paying $1,000 to be put on a waitlist instead.
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Hong Kong court upholds veteran journalist's conviction

Hong Kong court upholds veteran journalist's conviction

HONG KONG (AP) — An award-winning Hong Kong journalist lost her appeal Monday against her conviction over making false statements in obtaining information for her investigation of a violent attack during the widespread protests in 2019.
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It's the democracy, stupid: midterm stakes for Canadians are much the same as in U.S.

It's the democracy, stupid: midterm stakes for Canadians are much the same as in U.S.

WASHINGTON — It's not every day that a Canadian prime minister gets name-checked in a political debate in the United States. But in a hyper-polarized midterm election season, it's not surprising it would happen to Justin Trudeau.
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Twitter users can soon get blue check for $7.99 monthly fee

Twitter users can soon get blue check for $7.99 monthly fee

SAN FRANCISCO (AP) — Twitter has announced a subscription service for $7.99 a month that includes a blue check now given only to verified accounts as new owner Elon Musk works to overhaul the platform’s verification system just ahead of U.S.
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Groups say Montreal cops should apologize to Black man suspected of stealing own car

Groups say Montreal cops should apologize to Black man suspected of stealing own car

Montreal police say they've opened an administrative investigation into an incident in which a Black man was handcuffed after officers suspected he was stealing his own car.
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Widespread Twitter layoffs begin a week after Musk takeover

Widespread Twitter layoffs begin a week after Musk takeover

NEW YORK — Twitter began widespread layoffs Friday as new owner Elon Musk overhauls the company, raising grave concerns about chaos enveloping the platform and its ability to fight disinformation just days ahead of the U.S. midterm elections.
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Auto parts producers see supply chains improving but shutdowns still weigh

Auto parts producers see supply chains improving but shutdowns still weigh

Canadian auto parts makers say the supply picture is improving and helping boost their bottom line, but disruptions continue to weigh on operations and profits. Magna International Inc.
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US employers are hiring briskly even in face of rate hikes

US employers are hiring briskly even in face of rate hikes

WASHINGTON (AP) — America’s employers kept hiring vigorously in October, adding 261,000 positions, a sign that as Election Day nears, the economy remains a picture of solid job growth and painful inflation .
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General Mills, Audi pause Twitter ads, will evaluate site

General Mills, Audi pause Twitter ads, will evaluate site

NEW YORK (AP) — General Mills and Audi are the latest big advertisers to pause ads on Twitter as questions swirl about how the social media platform will operate under new owner Elon Musk.
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