Business

Air Canada scraps key US routes as fuel costs surge amid Iran war

Air Canada announced on Friday that the airline is suspending select U.S.-bound flights as jet fuel prices continue to skyrocket in the wake of the Iran war.  The cuts, set to take effect this summer and last at least five months, will impact all service to John F. Kennedy International…

Elon Musk backs ‘universal high income’ to combat AI job losses

Elon Musk turned heads Friday when he suggested that the federal government paying citizens a “universal high income” is the best way to combat AI-related job losses. “Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI,” Musk said in…

Meta plans to slash roughly 8,000 jobs next month: report

Meta is preparing to cut thousands of jobs as early as next month, with deeper layoffs expected later this year, according to a report. The tech giant intends to slash roughly 10% of its global workforce — or nearly 8,000 employees — in an initial round of cuts on May…