Tesla Inc. is suspending vehicle purchases using Bitcoin over concerns about “rapidly increasing use of fossil fuels for Bitcoin mining and transactions,” Chief Executive Officer Elon Musk said Wednesday in a Twitter post.

U.S. consumer prices climbed in April by the most since 2009, topping forecasts and intensifying the already-heated debate about how long inflationary pressures will last.

Bill Ackman has taken a stake worth almost US$1 billion in Domino’s Pizza Inc., adding another big-name consumer company to his portfolio, and said his blank-check firm is nearing a separate deal to take an “iconic” brand public in the coming weeks.

The head of Canadian technology upstart Dye & Durham Corp. isn’t afraid to tap the debt market to help finance his firm’s growth-by-acquisition strategy.

Amar Doman, chair and chief executive officer of CanWel Building Materials Group, said high demand for the company’s products shows no signs of stopping as construction and home renovation activity in North America continues to ramp up amid the pandemic.

Bumble Inc., the dating app that gives women the first move, added new users in the first quarter and reported a jump in revenue, but remained cautious about how fast people will return to in-person socializing.

A digital token that was launched Monday and goes by the name Internet Computer is already one of the largest cryptocurrencies in the world, with a market value of about US$45 billion.

The global chip shortage is also being felt by automakers and tech manufacturers alike, forcing a slash in production.

Freshii Inc. has recorded a million-dollar loss in its first quarter as many of its restaurants remain temporarily closed due to COVID-19.

Canadians’ trust in politicians and large corporations saw a sharp drop amid the COVID-19 pandemic, a new report released Wednesday said.

Britain's trade minister says his country expects to kick-start talks on a free-trade pact with Canada in the fall and suggests it might differ in scope from what is now in place.

The airline run by tour company Transat AT advised passengers of the extension of the suspension that was slated to end in mid-June in a travel advisory on its website.

The company says its NGL North project is expected to reduce carbon dioxide emissions from oilsands projects in the Christina Lake area by over 200,000 tonnes per year by removing liquids such as ethane, propane, butane and condensate from natural gas, leaving primarily methane.

Everybody knows that gasoline prices are on the rise. This was true prior to the shutdown of the pipeline, thanks to the economic recovery, rising oil prices, and all the people with new cars. Here’s a chart of the national average from AAA:

Colonial Pipeline Co. told federal officials it will know by late Wednesday whether it’s safe to restart gasoline and diesel flows that have been on hold since criminal hackers targeted the company last week.