The oil and gas sector is routinely targeted by cyberattackers, experts say – Business News
Oil & gas cyberattacks
The Canadian Press – Apr 10, 2023 / 4:00 pm | Story: 420603
Photo: The Canadian Press
Pipes are seen at a natural gas plant outside of Fort St. John, BC, October 11, 2018. Cybersecurity experts say they aren’t surprised by the revelation contained within a package of leaked US intelligence documents that suggests Russian hackers successfully gained access to Canada’s natural gas distribution network. THE CANADIAN PRESS Jonathan Hayward
Cybersecurity experts say they aren’t surprised by the revelations contained within a package of leaked US intelligence documents suggesting Russian-backed hackers successfully gained access to Canada’s…
Italy temporarily blocks ChatGPT over privacy concerns – Business News
Frances D’emilio And Matt O’brien, The Associated Press – March 31, 2023 / 11:41 am | Stories: 418937
Photo: The Canadian Press
FILE – The OpenAI logo is seen on a mobile phone in front of a computer screen displaying output from ChatGPT, on March 21, 2023, in Boston. The Italian government’s privacy watchdog said Friday March 31, 2023 that it is temporarily blocking the artificial intelligence software ChatGPT in the wake of a data breach. (AP Photo/Michael Dwyer, File)
Italy is temporarily blocking the artificial intelligence software ChatGPT in the wake of a data breach as it investigates a…
Protestors across Canada demonstrated against RBC’s fossil-fuel funding – Business News
RBC target protestors
The Canadian Press – Apr 1, 2023 / 8:46 am | Stories: 419084
Photo: The Canadian Press
The Royal Bank of Canada logo is seen in Halifax on Tuesday, April 2, 2019. Protestors in major cities across Canada are demonstrating against the Royal Bank of Canada for funding fossil fuel projects. THE CANADIAN PRESS/Andrew Vaughan
Demonstrators will gather in 40 locations across Canada to protest against the Royal Bank of Canada on Saturday for funding fossil fuel projects.
The protests, part of a nation-wide effort dubbed Fossil Fools Day, will take place in cities including Kelowna, Edmonton,…
New food processing center to open in Kansas City
KANSAS CITY — West Liberty, Iowa-based West Liberty Foods and Dakota Dunes, SD-based Vertical Cold Storage will partner on a 327,000-square-foot food processing center and supporting cold storage facility, according to the Kansas City Area Development Council.
The two companies expect to invest a combined $199.6 million in the project. The facilities will be directly connected and create 583 jobs, with $39.7 million in payroll.
“We are thrilled to have the opportunity to expand our signature protein offerings with our new premade grab-and-go sandwich program,” said Brandon Achen, chief executive officer of West Liberty Foods. “Based on its proximity to…
Inflation: Which foods are the most expensive in Canada?
Grocery prices continue to be one of the largest contributors to high inflation in Canada.
The Consumer Price Index (CPI) report for June showed an inflation rate of 2.8 per cent year-over-year, following a 3.4 per cent increase in May 2023.
While this decrease was positive, Statistics Canada said it was “fairly broad-based.”
“Canadians continued to see elevated grocery prices (9.1 per cent) and mortgage interest costs (30.1 per cent) in June, with those indexes contributing the most to the headline CPI increase,” the CPI reads. “The all-items excluding food index rose 1.7 per cent.”
Gasoline led to a decrease…
How the Shein influencer trip marked a turning point in the brand-sponsored vacation trend
Several influencers were lambasted this week for social media posts enthusiastically highlighting a trip sponsored by the Chinese fast fashion clothing retailer Shein, which has previously been accused of labor exploitation and environmentally damaging practices.
A since-deleted video posted by Dani Carbonari, who in her Instagram bio refers to herself as a content creator, plus-sized model and confidence activist, shows her arriving at a facility she calls the “Shein Innovation Centre” in Ghangzhou, China, last week.
“Shein is just such a developed and complex company, and it was so beautiful to see first hand,” Carbonari said in the video. Referring…
Instant Brands, maker of Instant Pot and Pyrex cookware, files for bankruptcy
The company that makes kitchen staples like CorningWare, Pyrex and the Instant Pot has entered bankruptcy proceedings in the US and Canada.
Illinois-based Instant Brands said Monday that it has “initiated a voluntary court-supervised Chapter 11 process,” due to an unmanageable debt load.
“Tightening of credit terms and higher interest rates impacted our liquidity levels and made our capital structure unsustainable,” CEO Ben Gadbois said in a news release.
In court filings, the company says it generated operating cash flows of just $17.9 million US in the first three months of the year. That relatively large figure is a sharp…
Here’s why the PGA Tour just merged with LIV Golf
The PGA Tour announced Tuesday it would merge with LIV Golf, a Saudi-backed men’s golf organization that formed last year to compete with the PGA.
News of the merger sent shock waves through the sports world and even reached the highest echelons of the US government, after a reporter sought comment from the Biden administration about the Saudi government’s taking such a large stake in men’s golf. Biden spokeswoman Karine Jean-Pierre declined to comment.
Here’s what it all means.
What is LIV Golf?
LIV was created in 2022 by Saudi Arabia’s Public Investment Fund (PIF) alongside two of the world’s…
