Canadian industrial producer prices saw a 0.8% monthly increase in March, continuing a two-month trend of growth. However, on a yearly basis, producer prices fell by 0.5%, following a revised 1.4% decrease in February.
Results for: Business
President Joe Biden announced $7 billion in federal grants for residential solar projects serving low- and middle-income communities. The grants are expected to reduce emissions by the equivalent of 30 million metric tons of carbon dioxide and save households $350 million annually. Additionally, Biden expanded the American Climate Corps green jobs training program, offering nearly 2,000 positions in 36 states.
Ahead of Intel’s Q1 earnings report, investors are debating the company’s valuation and prospects. While some see an opportunity in its recent consolidation, others raise concerns about competition with TSMC and margin challenges. Analysts highlight the need for Intel to enhance profitability and address its product competitiveness in key areas like data centers.
DeepspatialAI has canceled 21.45 million previously issued common shares and Algo8 India Private’s Nandan Mishra has resigned from the board of directors. Despite the unresolved technology acquisition, the company has secured contracts exceeding $1M and invoiced C$0.86M in the first quarter of 2024.