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Auto Sales in Canada Hit Record High in 2016

Canadians bought vehicles in record numbers last year, driven by consumers who bought SUVs, pickup trucks and high-end models such as Jaguars and Porsches, DesRosiers Automotive Consultants said Wednesday. Overall, there were 1.948 million sales of light vehicles last year, an increase of 2.7 per cent compared to 2015, the Richmond Hill, Ont.-based consulting firm said. Ford took the top …

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Oprah Winfrey Helps Boost Weight Watchers

Weight Watchers International Inc. shares rose the most in more than a year after an analyst increased his price target on the stock, saying that a new advertising campaign featuring Oprah Winfrey will help boost profit this year. The shares advanced as much as 26 per cent to $13.99 — the biggest intraday gain since November 2015 — after Sidoti & …

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Faraday Future Unveils Tesla-beating Electric car: the FF91

Faraday Future staked its claim to the world’s fastest electric car with its FF91 production model, showing footage of it outracing Tesla Motors Inc.’s Model S in a glitzy event in Las Vegas. The startup electric-car maker backed by Chinese billionaire Jia Yueting is counting on its debut offering to drum up support from investors, many of whom had been …

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Police Investigating Possible Cyber Threat Against Hydro One

A cyber attack on an archaic, unused IP address at Hydro One could be part of a broader hacking campaign, security experts say. Rick Haier, chief security officer of Hydro One, said the electricity provider was contacted by the RCMP on Dec. 29, alerting them to an IP address in their system that had been targeted by hackers. “The address …

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British Airways Braces for Cabin Crew Walkout Next Week

LONDON—British Airways flight attendants will walk out next week after the carrier declined to extend their right to strike in return for renewed pay talks following the rejection of the latest offer, according to the Unite union. So-called “mixed fleet” cabin crew, who work on both short- and long-haul flights from London’s Heathrow airport, will take action for 48 hours from Tuesday, …

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Tesla’s fourth-quarter Deliveries Trail Automaker’s Projections

Tesla Motors Inc. reported fourth-quarter deliveries that fell short of its own forecasts, sending shares lower in after-market trading, as production delays continue to plague the carmaker led by chief executive officer Elon Musk. The Palo Alto, Calif.-based maker of electric cars and energy-storage products delivered about 22,200 vehicles in the final three months of last year, according to a …

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Canada’s Auto Sales Hit Record as Baby Boomers Treat Themselves to high-end Cars

The Canadian auto industry enjoyed record-breaking sales last year, driven by consumers who bought SUVs, pickup trucks and high-end vehicles such as Jaguars and Porsches, DesRosiers Automotive Consultants said Wednesday. Overall, there were 1.948 million sales of light vehicles last year, an increase of 2.7 per cent compared to 2015, the Richmond Hill, Ont.-based consulting firm said. Ford took the …

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Canada vs. Sweden Semifinal Promises to be must-see Hockey

MONTREAL — Asked who he thought would win the world junior semifinal showdown Wednesday between Sweden and the host Canadians, Czech Republic coach Jakub Petr replied: “If the tournament was being played in Europe, Sweden!” Because of the speed and savvy of the Swedes? Is that the reason? “No, it’s because my friend coaches them,” he laughed. Sitting beside Petr …

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Sleep-tech Entrepreneurs Seek to Put Insomnia to Rest

If you are reading this at 3 a.m., chances are that James Proud wants to put you in a deep slumber. As the inventor of the sleep-tracking device Sense, Proud has enjoyed heady success in the quickly growing sleep tech field: Sense’s 2014 Kickstarter campaign raised about $2.4 million even though the goal was only $100,000. One of Proud’s business …

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The Gates Way to a Better Future: Olive

“[The] hybrid engine of self-interest and concern for others can serve a much wider circle of people than can be reach by self-interest or caring alone.” — Bill Gates Bill Gates is not the antidote to what could be a new era of self-obsession ushered in by the rise of Trumpism. But the humanitarianism of Gates, who has been engaged …

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