Business

Facebook expects to pay up to $5 billion for privacy breaches

Federal Trade Commission looking into whether Facebook broke its own 2011 agreement on user privacy

Alcohol and cannabis companies form pot-beverage industry group to push changes

Under Health Canada’s proposed rules for edibles, pot-infused drinks and food must be made in a separate facility

Statistics Canada reports wholesale sales up 0.3% in February

Wholesale sales gains were led by the motor vehicle and vehicle parts and accessories subsector

Samsung delays launch of folding phone after breaking issues

The company plans to run more tests on the Galaxy Fold

Honda cutting production of Accords as buyers shift to SUVs

Honda says the line being shut down produces about 55,000 vehicles a year

Fiat Chrysler recalls over 300K cars due to rollaway risk

More than 300,000 vehicles in North America are being recalled

Scam watch: Better Business Bureau says wait to donate to Notre Dame rebuild

Bureau says scammers take advantage of whatever is in the news

B.C. braces for another round of pipeline battle with Alberta’s Jason Kenney

Premier John Horgan looks to cool dispute that’s heading back to court

Netflix adds 9.6M subscribers in 1Q as competition heats up

Netflix expects to add another 5 million subscribers during the current quarter ending June

Apple, Qualcomm settle bitter dispute over iPhone technology

The deal requires Apple to pay Qualcomm an undisclosed amount

Martha Stewart brand to be sold again

Stewart will still oversee the brand, which she founded in the 1990s

Mortgage stress test accounts for up to $15B drop in new mortgages in 2018: CIBC

Increasingly unaffordable home prices and rising interest rates also played a role

Disney, Comcast now Hulu’s only owners as AT&T exits

AT&T sold its stake for $1.43 billion, valuing the unprofitable Hulu at $15 billion

Canadian home sales and prices in March down compared with a year ago

Canadian Real Estate Association says sales fell to their lowest level for the month since 2013

American Airlines cancels Max flights through mid-August

The cancellations represent 1.5% of American’s total flights each day of the summer

GM to reveal next-generation Corvette in July

Car enthusiasts are excited to hear about the new Corvette

Southwest grounds Boeing Max jets until August

The news comes as the airline heads into the busy summer season

Publisher of iconic black magazines Ebony and Jet files for bankruptcy

The company was founded in 1942 by John H. Johnson in Chicago

Acura recalls 360K SUVs because tail lights can go dark

The company says that this issue is due to a manufacturing problem