Tesla posts surprise positive cash flow on lower-than-expected AI spending - Reuters

Air Canada has reportedly removed five U. S. routes from its 2027 schedule, including its Toronto–Charleston service, as it adjusts its transborder network while adding flights to other American destinations. The affected routes are:Toronto Billy Bishop–BostonToronto Pearson–CharlestonVancouver–NashvilleVancouver–Raleigh-DurhamMontreal–SeattleThe airline confirmed the five route cuts to The Points Guy, citing “commercial reasons.”In the same statement, Air Canada said it “regularly reviews its schedule to ensure capacity is aligned with customer demand and travel patterns.”According to Simple Flying, citing Cirium schedule data, all five routes had previously been available for 2027 but were removed in the latest schedule update. Montreal–Seattle, Vancouver–Nashville and Vancouver–Raleigh-Durham had been scheduled to resume in May 2027, while Toronto Pearson–Charleston was expected to return in April. The Charleston cut removes Air Canada’s only route to the South Carolina city, which it began serving in March 2024. The other four U. S. destinations will remain accessible through Air Canada’s other Canadian gateways, Simple Flying reported.

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The S&P 500 posted a three-day winning streak on Wednesday, and the Nasdaq Composite rose as Tesla and SpaceX rallied.

Open this photo in gallery:FILE PHOTO: Vessels in the Strait of Hormuz, as seen from Musandam, Oman, Oct. 2. Stringer/ReutersFearful oil and diesel headlines blind almost everyone. But quietly, mass adaptations have been building and soon they will render the Strait of Hormuz moot. Expect oil prices to tumble as markets look past war fears to the emerging reality – with major investment implications. Since March, pundits presumed disaster if the Iran war didn’t end ... fast. The Strait of Hormuz was pivotal. Forecasts of US$250 oil ran wild. Fears of shortages multiplied: cooking fuel, jet fuel, diesel and beyond. Canada’s ample energy production defrayed shortage fears. But prices are set globally, and have remained high as war lingers. So where is the economic disaster? It isn’t coming. The reason: Prices are signals. And pricey oil signals producers to adapt. Few fathom the degree of today’s positive adaptations. Start locally. At 2025’s end, Canadian oil producers forecast 2026 production falling by 1.7 per cent, per the Bank of Canada. That prediction flipped by July, when they revised it to a 2.2-per-cent rise.