Author: sdaddario

The electric vehicle bubble popped around a year ago. Tesla (TSLA) is the only stock whose valuation defies the overall headwinds. While the robotaxi announcement this week should prop TSLA stock at current levels, the rest of the industry is in trouble.Last week, the European Union imposed large tariffs on China-made EVs. Germany, Europe’s largest economy, opposed the tariff. The country does not want a trade war with Beijing, but doing so would hurt its economy since it raises costs for suppliers. Consumers would end up paying for the tariff.The tariffs will add up to 45% in costs for…

Montreal public works crews are on the scene of a watermain break in the Plateau right next to Parc La Fontaine.

U.S. oil major Chevron (CVX) has sold some of its Alberta oil sands assets to Canadian Natural Resources (CNQ) for $6.5 billion. The sale concerns Chevron’s 20% interest in the Athabasca Oil Sands Project and a 70% holding in the Duvernay shale project, both located in Alberta. The all-cash sale is expected to close by year’s end, according to Chevron. The asset sale comes as Chevron focuses its growth on the Permian basin in Texas and the Tengiz oil field in Kazakhstan, where a $48.5 billion U.S. expansion is almost completed. Chevron is also in the process of buying Hess Corp. (HES) for $…

Residents of a northeast Calgary neighbourhood were in disbelief after a house explosion Saturday night. Six people were injured and four townhomes were destroyed.

Astrobiology Explorer Europa Clipper Buttoned Up For Launch  Astrobiology NewsNASA releases photo of ocean world. It shows why NASA’s going there.  MashableHow to watch SpaceX’s Falcon Heavy rocket launch NASA’s Europa Clipper probe on Oct. 10  Space.comWith the Europa Clipper mission, NASA hopes to find signs of life  CBC.caEuropa is an icy ocean world—and NASA is finally going to explore it  National Geographic

The Archbishop of Toronto is among 21 new cardinals Pope Francis named Sunday and the lone new cardinal from North America.

How one baby bird led to a Northern Alberta TikTok animal rescue petting zoo  Cochrane Eagle

Prime Minister Justin Trudeau sent a pointed reply on Saturday to Quebec Premier François Legault’s suggestion that half of the asylum seekers already settled in Quebec should be forcibly moved to other provinces.

Nanton RCMP are on scene Sunday morning at a serious single-vehicle crash at the intersection of Highway 533 and Range Road 118.

New data from the Insurance Bureau of Canada (IBC) shows that even though claims for auto theft dropped in the first half of 2024 compared to their 2023 peak, the rates of reported theft remain well above those of years prior.