Economy adds jobs, as Canadians working from home decline in June
Canada gained 231,000 jobs last month, up 1.2 per cent from May, according to Statistics Canada, while 400,000 fewer people worked from home. (The Logic)
Canada gained 231,000 jobs last month, up 1.2 per cent from May, according to Statistics Canada, while 400,000 fewer people worked from home. (The Logic)
The order is to power 15 buses by 2022 in Faridabad, the largest city in the National Capital Region of Delhi. (The Logic)
The Guelph, Ont.-based company cut 1.65 million units from its forecast for light-vehicle production in the second quarter, with most of the decline expected in North America. (The Logic)
The San Francisco-based company, which makes all-in-one document software, plans to use the funds from its Series D to add more features to its platform and expand the ecosystem of developers building on its products. (The Logic)
The digital-asset group backed by billionaires Peter Thiel, Louis Bacon and Alan Howard plans to list on the New York Stock Exchange in a SPAC deal that values it at approximately US$9 billion. (The Logic)
Richard Branson, founder of Virgin Galactic, is readying to fly as part of the Unity 22 mission this Sunday. Depending on weather and technical checks, Branson could make it to space ahead of Amazon founder Jeff Bezos, whose Blue Origin flight is scheduled for nine days later, and almost definitely ahead of Elon Musk, who has yet to announce plans to board a flight from his company SpaceX. (Reuters, The Logic)
The company filed for the offering last month, and was due to price it on Thursday. The Cyberspace Administration of China (CAC) will lead an interagency effort focused on domestic companies that list their securities overseas, including rules prohibiting them from disclosing some information to foreign regulators. (Nikkei Asia, The Wall Street Journal)
The Utah-led group of 37 attorneys general alleges that the company has established a monopoly on distributing apps on smartphones using the Android operating system, which they claim the firm has broken a promise to keep open. (The Logic)
Tshiuetin Rail Transportation, which runs a 217-kilometre rail line between communities in Labrador and northern Quebec, is borrowing from the Canada Infrastructure Bank to improve its tracks, build a new station and buy new trains. (The Logic)
The Calgary-based company can now hold crypto assets for Canadian financial institutions, potentially opening the door to banks holding and trading them. (The Logic)