Business

4 Advantages of Ford Explorer 2023 over Toyota Highlander

4 Advantages of Ford Explorer 2023 over Toyota Highlander

The 2023 Ford Explorer and 2023 Toyota Highlander are solid choices for the mid-size three-row SUV segment. However, the Explorer has some advantages in its favor that give it an advantage. Here are four advantages of the Explorer 2023 over the Highlander 2023. Ford Explorer 2023 provides better performance than Toyota Highlander 2023 Ford Explorer …

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Former BoC Governor Stephen Poloz warns against inflation being rooted in expectations - Canada News

Former BoC Governor Stephen Poloz warns against inflation being rooted in expectations – Canada News

Photo: The Canadian Press Stephen Poloz listens to a question at a news conference on Parliament Hill in Ottawa, Wednesday, March 18, 2020. The former Bank of Canada governor says preventing current high inflation from feeding into public expectations is key if the country is to avoid falling into recession. THE CANADIAN PRESS/Justin Tang BANFF, …

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Russia's new gold exchange could challenge LBMA and reveal the 'fair' price of gold - Matthew Piepenburg

Russia’s new gold exchange could challenge LBMA and reveal the ‘fair’ price of gold – Matthew Piepenburg

(Kitco News) – The Moscow World Standard, an alternative to the London Bullion Market Association (LBMA), could end gold price manipulation and reveal the metal’s fair market value, according to Matthew Piepenburg, chief trading officer at Matterhorn Asset Management. Russia is proposing its own international standard for precious metals after it was banned by the …

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Purple tomato

A new, genetically modified purple tomato may hit US grocery shelves

(CNN) — It tastes like a tomato, smells like a tomato and even looks (mostly) like a tomato. There’s just one catch: It’s purple. The USDA has approved genetically modified purple tomatoes, clearing the way for the unique fruit to be sold in American stores next year. “From a plant pest risk perspective, this plant …

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There's been an Ethereum 'merger': here's what's changing

There’s been an Ethereum ‘merger’: here’s what’s changing

The world’s second-largest cryptocurrency has undergone a major transformation that will change its technology to reduce carbon emissions by more than 99.9 percent, according to its Ethereum platform. The transition known as the “merger” has been completed, Ethereum founder Vitalik Buterin confirmed on Thursday. “And we’re done!… Happy merging everyone. This is a big moment …

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Ottawa could lose more than $5 billion in CEBA pandemic loans to small businesses

Ottawa could lose more than $5 billion in CEBA pandemic loans to small businesses

Export Development Canada headquarters in Ottawa on February 14, 2019.Justin Tang / The Globe and Mail Ottawa may not be able to recoup $5 billion or more of the $49 billion in emergency loans it provided to small businesses during the pandemic shutdowns, according to a government projection. The task of chasing business owners to …

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Dollarama attracts shoppers from 'all walks of life' looking for relief from high prices - Business News

Dollarama attracts shoppers from ‘all walks of life’ looking for relief from high prices – Business News

Photo: The Canadian Press People walk into a Dollarama store in Toronto, September 25, 2021. THE CANADIAN PRESS/Graeme Roy Discount retailer Dollarama Inc. is gaining new customers as Canadian shoppers “step away” from more expensive stores and gravitate toward lower-priced dollar stores amid inflation. The retail chain said on Friday it was attracting consumers from …

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Tesla 4680 Battery Update - Scaling is hard work

Tesla 4680 Battery Update – Scaling is hard work

Three years ago, Tesla acquired Maxwell Technologies, which specialized in the production of advanced ultracapacitors. But Tesla didn’t buy the company because of that. Maxwell was bought because of its dry cathode expertise, knowledge necessary to produce the 4,680 battery cells that Tesla planned. This technology allows Tesla to eliminate the more complex and expensive …

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Elon Musk's long history of controversial climate includes oil, population and nuclear power

Elon Musk’s long history of controversial climate includes oil, population and nuclear power

Elon Musk, the man who was at the top Bloomberg’s The 2021 list of “green” billionaires recently surprised observers when he called for more fossil fuel exploration at an energy conference. “We really need more oil and gas at this point, not less,” Tesla’s CEO said Monday at an event in Stavanger, Norway, adding that …

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Winnipeg sent Amazon packing when the e-commerce giant wanted to build the facility, says mayoral candidate |  CBC News

Winnipeg sent Amazon packing when the e-commerce giant wanted to build the facility, says mayoral candidate | CBC News

Online retail giant Amazon wanted to build a facility in Winnipeg that employs about 2,000 people, but city administrators turned it down — and never told councilors, says mayoral candidate Kevin Klein. An organization representing the company approached the city earlier this year to discuss building on the city’s eastern edge, adjacent to Transcona, Klein …

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Bank of Canada QT: Assets down 24% from peak.  Spiraling bond losses Canadians will pay

Bank of Canada QT: Assets down 24% from peak. Spiraling bond losses Canadians will pay

The BoC’s QT started much earlier and is way ahead of the Fed’s QT. Wolf Richter for WOLF STREET. The Bank of Canada’s balance sheet released Friday saw total assets of C$439 billion down 24% from the March 2021 peak of C$575 billion. In comparison, the Fed’s balance sheet peaked in April 2022. The BoC’s …

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