Toyota lifts profit forecast to record 2.4 trillion yen
TOKYO — Toyota is seeing a nearly doubling of profit for the fiscal third quarter, and it lifted its annual profit projection through March to 2.4 trillion yen ($22 billion), a record high for the Japanese automaker. Toyota Motor Corp. reported Tuesday an October-December profit of 941.8 billion yen ($8.6 billion), up from 486.5 billion […]
New unmanned ‘Sea Hunter’ ship could revolutionize US Navy operations
A revolutionary prototype vessel that could traverse thousands of miles of open sea without a single crew member on board has been handed over to U.S. Navy researchers. The 132-foot demonstration ship, christened Sea Hunter, has been transferred from the Defense Advanced Research Projects Agency (DARPA) to the Office of Naval Research (ONR). Sea Hunter, […]
Intel’s ‘Vaunt’ smartglasses could be the iPhone of augmented reality
Google Glass was awful. It never quite took off — and for good reason. It was bulky, unintuitive, and it made you look like a Glasshole. It gave AR glasses a bad name, but Intel aims to change all that with its new Vaunt smartglasses. Dieter Bohn over at The Verge got an exclusive behind-the-scenes […]
New tech advocate aims to boost federal funding for B.C. projects
Alan Winter named B.C.’s first innovation commissioner, position created by NDP-Green confidence deal British Columbia has appointed its first innovation commissioner to advocate for the province’s technology sector in Ottawa, Washington state and abroad. Alan Winter will take on the newly created role for one year, with an option to extend his job based on […]
Interior Health urges teenagers to get meningitis immunization while vaccine is available
12 confirmed cases, 1 death, since health authority declared outbreak in December B.C. Interior Health is urging Okanagan teenagers to get immunized against meningococcal disease before the outbreak is officially declared over. The health authority declared the outbreak in December following 12 confirmed cases and one death in the southern Interior. About half of the […]
3 Stocks to Buy When the Market Crashes
Over the past year, the market has continued one of its most successful periods in history, with a bull run that’s almost a decade old showing little sign of coming to an end. At least, that’s what investors had been thinking before a recent multi-day decline — including the biggest single-day nominal decline by the […]
Why Bunge, Kirby, and China Southern Airlines Jumped Today
Monday was another terrible day for the stock market, as the Dow surpassed its Friday slump by posting a decline of more than 1,100 points. Investors seem to have decided that this could be the long-awaited correction, and the S&P 500 has already fallen more than 5% from its highs, qualifying as a minor pullback […]
36-year-old retiree: Do 3 things before retiring early
You have a dream to retire early , don’t you? A lot of us do, and it’s a wonderful dream to have. I also had a dream of quitting the rat race early and, by some great miracle, I was able to achieve that great dream at the age of 35: I quit work super […]
Fairfax Financial to buy some Carillion Canada contracts, take over 4,500 jobs
Deal will see more than 4,500 Carillion Canada employees move to Fairfax Fairfax Financial has agreed to buy certain assets and assume certain liabilities related to Carillion Canada, the infrastructure services company which recently sought creditor protection. Under the deal, Toronto-based Fairfax will take over contracts to provide facilities management at airports, commercial and retail […]
Here’s everything you need to know about the SpaceX Falcon Heavy rocket
It’s time for Elon Musk and his launch company, SpaceX, to shake up the world of off-planet travel once again. After a year of successful launches and recoveries of the Falcon 9 rocket’s first stages, Musk has his sights set on heavier payloads, more launches, and bigger missions — all of which will theoretically be […]