Trump warns ‘clock is ticking’ for Iran to make peace deal as oil climbs and bonds sell off
Some economists predict a global recession unless Strait of Hormuz opens soon
Report on Business
Jet fuel shortages loom, but widespread flight cancellations provide some breathing room
Rising costs tied to the Strait of Hormuz blockade are forcing airlines to cut flights and raise fares
Elon Musk loses landmark lawsuit against Sam Altman’s OpenAI
Jury finds Musk waited too long and missed statutory deadline to file lawsuit, but Tesla CEO vows to file appeal
AI fears sink Stantec and WSP shares, turning the high-flying engineering firms into TSX laggards
Over the past two weeks both reported organic revenue growth of 3-5%, yet investors continue to sell
opinion
Canada is not an energy superpower and shouldn’t pretend to be one
Ottawa needs to be careful not to put our globally competitive and economically critical industry at risk
opinion
Globalization gutted Canada’s manufacturing. Here’s how we make things ourselves again
If we act now, we will be a country that can produce far more of what it consumes at a profit
Canadian parents are paying consultants to help get their kids into top universities
Teens are getting coached through the application process in hopes it will help them stand out to admissions departments
Your money
Economy
opinion
Canada is not an energy superpower and shouldn’t pretend to be one
Ottawa needs to be careful not to put our globally competitive and economically critical industry at risk
Energy & resources
IEA chief warns commercial oil inventories depleting rapidly with only a few weeks worth left
Onset of spring planting and summer travel seasons in the northern hemisphere will drain inventories more quickly, Fatih Birol says
Finance
AI fears sink Stantec and WSP shares, turning the high-flying engineering firms into TSX laggards
Over the past two weeks both reported organic revenue growth of 3-5%, yet investors continue to sell
Technology & innovation
Elon Musk loses landmark lawsuit against Sam Altman’s OpenAI
Jury finds Musk waited too long and missed statutory deadline to file lawsuit, but Tesla CEO vows to file appeal
Report on Business magazine
For venture capitalist Janet Bannister, having a formula is key
The managing partner of Staircase Ventures helped eBay and Kijiji get going. Now her company has raised $85 million to invest in early-stage tech companies
The Globe and Mail guides
Streetwise
Last-mile delivery giant UniUni to go public in merger with SPAC led by Matthew Proud
B.C. company, which delivers for Temu and Shein, expects to generate more than US$1-billion in revenue this year
Work life
managing
Teaming is today’s essential workplace skill
While teams is a formal structure, teaming is a verb, says Amy Edmondson. Teaming in today’s world is about learning together, generating new ideas, finding answers and solving problems
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