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Automotive

U.K. regulator reviewing plan to address concerns with Uni-Select-LKQ deal

MONTREAL — The competition regulator in Britain has raised concerns about LKQ Corp.'s agreement to buy Canadian company Uni-Select Inc. and is reviewing a plan put forth by the companies to address its issues.
President Biden visits Philly shipyard as he courts organized labor and pushes green jobs

President Biden visits Philly shipyard as he courts organized labor and pushes green jobs

PHILADELPHIA (AP) — Flanked by cranes and shipyard workers, President Joe Biden made the pitch Thursday that unions will be building America's renewable energy future — a courtship of organized labor at a moment when some major unions are weighing st

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,436.87, down 54.30): Manulife Financial Corp. (TSX:MFC). Finance. Up 19 cents, or 0.75 per cent, to $25.62 on 9.5 million shares.

Official at automaker FCA US pleads guilty in scheme to withhold emission systems information

DETROIT (AP) — An official at automaker FCA US, formerly known as Chrysler Group, has pleaded guilty in federal court in a scheme to withhold emission systems information on more than 100,000 vehicles.
Magna investing US$790 million on Ford electric truck supplier plants in Tennessee

Magna investing US$790 million on Ford electric truck supplier plants in Tennessee

TORONTO — Magna International is investing more than US$790 million in the U.S. to build parts plants that will support Ford electric pickup truck production. The Aurora, Ont., auto-parts giant says it will build two facilities in Stanton, Tenn.
US jobless claims fall again as labor market continues to flash strength

US jobless claims fall again as labor market continues to flash strength

Fewer Americans applied for unemployment benefits last week with the labor market continuing to cruise along despite higher interest rates intended to cool hiring. U.S.
N.L. RCMP searching for reportedly armed man, urge people to lock their doors

N.L. RCMP searching for reportedly armed man, urge people to lock their doors

ST. JOHN'S, N.L. — Police in Newfoundland and Labrador have issued an emergency alert warning of a man said to be armed in Carbonear. The message lit up phones at around 9:30 a.m.
Yellen visits Vietnam, seeking to build US ties and supply chains, and offset tensions with China

Yellen visits Vietnam, seeking to build US ties and supply chains, and offset tensions with China

HANOI (AP) — The U.S. considers building strong economic and security ties with Vietnam a priority, U.S.
Tesla income jumps 20%, but shares fall after hours amid profit concerns

Tesla income jumps 20%, but shares fall after hours amid profit concerns

SAN FRANCISCO (AP) — Elon Musk's big bet that Tesla price cuts could boost sales and profits amid increasing competition and poor economic sentiment appears to be yielding mixed results.
Ottawa's troubled light-rail train service remains closed after yet another shutdown

Ottawa's troubled light-rail train service remains closed after yet another shutdown

Ottawa's beleaguered light-rail transit system remained shut down Wednesday after it was abruptly halted during rush hour earlier in the week, causing ongoing disruptions to all who use it.