Bombardier to sell regional jet program to Mitsubishi for $550 million in cash

Bombardier to sell regional jet program to Mitsubishi for $550 million in cash

Bombardier Inc said on Tuesday it will sell its money-losing regional jet business to Japan’s Mitsubishi Heavy Industries Ltd (MHI) for US$550 million in cash, in a deal marking the Canadian plane and train maker’s exit from commercial aviation. Montreal-based Bombardier has been selling off its weaker-performing commercial plane programs aimed at airlines to focus…

William Watson: Canada rolls out central planning — but this time, it’s green!

William Watson: Canada rolls out central planning  — but this time, it’s green!

American elites of a leftish bent are currently captivated by the “Green New Deal” — or, as House Speaker and policy gatekeeper, not-so-leftish Nancy Pelosi calls it, “the green dream or whatever,” a characterization that effectively consigned it to the recycling bin. Now Canadian elites, who are all bent left, are glomming on to a…

Video shows SpaceX rocket booster narrowly missing its landing platform and hitting the sea after the ‘most difficult launch ever’

Video shows SpaceX rocket booster narrowly missing its landing platform and hitting the sea after the ‘most difficult launch ever’

A core part of a SpaceX rocket narrowly missed a landing pad, crashed into the sea, and exploded during a test that CEO Elon Musk described as the “most difficult” in company history. At around 2:30 a.m. ET on Tuesday, a Falcon Heavy rocket lifted off from Cape Canaveral, Florida, the third time Falcon Heavy…

Alphabet’s smart city unit just released its master plan for a Toronto waterside district, promising not to sell the personal data it collects on residents

Alphabet’s smart city unit just released its master plan for a Toronto waterside district, promising not to sell the personal data it collects on residents

A high-tech smart city project proposed along Toronto’s waterfront by Alphabet unit Sidewalk Labs has pledged not to sell advertisers the personal data collected to serve residents and visitors, as part of a 1,500-page master plan released on Monday. The proposal in Canada’s biggest city is designed to provide affordable housing, alleviate traffic and fight…

Bernie Sanders wants Wall Street to pay off the US’s $1.6 trillion student-loan debt. Even Democrats are likely to push back on the plan.

Bernie Sanders wants Wall Street to pay off the US’s $1.6 trillion student-loan debt. Even Democrats are likely to push back on the plan.

Presidential candidate Sen. Bernie Sanders proposed on Monday a plan to eliminate the $1.6 trillion in student-loan debt held in the US and make all public higher education tuition-free, carving out new territory in a competitive Democratic presidential primary. Introduced into the Senate, the bill would have the federal government pay to erase virtually all…

The top five things you need to know about marriage contracts

The top five things you need to know about marriage contracts

A marriage contract — an agreement that says what will happen in the event that you separate — isn’t romantic. But because marriage has lots of legal implications, discussions about marriage contracts should take precedence over discussions about invitations, the venue and the cake. Family law attorney Laurie Pawlitza breaks down what you need to…

Why the Tories’ new energy plan mostly gets it right

Why the Tories’ new energy plan mostly gets it right

The United States reduced carbon emissions, more than any other nation on earth between 2007 and 2017, thanks in part to the fossil-fuel-based shale revolution, and the fact that natural gas has come to replace coal in the generation of electrical power. In fact, America’s CO2 emission reductions were more than those achieved by Britain,…

Iran says that US cyberattacks — said to be Trump’s preferred retaliation — didn’t work

Iran says that US cyberattacks — said to be Trump’s preferred retaliation — didn’t work

The US launched cyberattacks on Iran in apparent retaliation for shooting down an American drone last week, but failed to achieve anything, according to an Iranian minister. According to unnamed US officials, cited by Yahoo News over the weekend, US Cyber Command attacked Iranian military computer systems after receiving approval from President Donald Trump. Trump…

Bill Gates says startup founders should not take weekends or vacations in the early days of building a company

Bill Gates says startup founders should not take weekends or vacations in the early days of building a company

Bill Gates worked weekends and never took vacations in the early days of Microsoft, but this is all part of the sacrifice of setting up a company, he said. At an event last week with other business leaders, billionaire businessman Gates chatted to Eventbrite cofounder and CEO Julia Hartz about founding a company. As part…