On Friday, Tesla’s website in China removed the ‘order’ button from the Model S sedan and Model X sport utility vehicle. Electric vehicle-maker Tesla no longer takes orders in China for two car models manufactured in the United States. On Friday, Tesla’s website in China removed the “order” button from the Model S sedan and
The Trump administration is prioritizing oil production, with the Maritime Administration approving a deepwater port that can export 2 million barrels daily. Exports of American crude oil surged last year to a new high, with Europe remaining a major customer for the United States, according to the latest data from the Energy Information Administration (EIA).
Consumer sentiment sank in April as inflation fears hit a 44-year high and recession signals spread across key indicators. Optimism among U.S. consumers declined further in April, according to the latest University of Michigan sentiment survey, which showed inflation fears rising to their highest level in more than four decades. The University of Michigan’s preliminary
The Biden-era rule would have drastically expanded tax reporting requirements for digital asset transactions. President Donald Trump on Thursday signed into law a resolution overturning a Biden-era rule from the IRS that expanded the definition of a broker to include decentralized cryptocurrency exchanges. Rep. Mike Carey (R-Ohio) introduced the Congressional Review Act disapproval resolution that
The government canceled your student loan. A lawyer helped negotiate a lower balance on your debt obligation. You received a generous settlement at the conclusion of a lawsuit. You paid low insurance premiums through the Health Insurance Marketplace. Good news, right? Maybe. Maybe not. Stay tuned. What was a pleasant surprise may come with an
The Calgary Police Service is asking for the public’s help identifying a “person of interest” in connection with two separate incidents of Teslas being set on fire on March 18 and 19. Tesla vehicles and dealerships in Canada and the United States have been targeted in recent weeks by protesters upset with company owner Elon
GM Canada says it is pausing production at its electric vehicle (EV) plant in Ingersoll, Ontario, due to low demand for its EV offerings, laying off hundreds of employees. The plant, located east of London, Ont., produces Chevrolet BrightDrop electric delivery vans and electric batteries for passenger vehicles. It started production on the vans in
Liberal Leader Mark Carney says he plans to tackle problematic online content, which was the intention of proposed legislation previously introduced by the Trudeau government. Bill C-63, intended to deal with online harms, became obsolete when Parliament was prorogued in January. During a rally in Hamilton on April 10, as he was confronted by a
OTTAWA—Saskatchewan Premier Scott Moe says he does not support the idea of Ottawa increasing reciprocal tariffs on the United States because it would negatively impact the export market in his province. “We have been very apprehensive, even with respect to very targeted tariffs that are in place today,” Moe said during a fireside chat at
Saskatchewan is releasing a digital campaign to attract doctors from the United States. The province said it has a new digital campaign called “Saskatchewan is Calling” set to launch in spring designed to attract physicians from outside the province, including the United States. “We want to showcase to Americans why Saskatchewan offers them a new