Tether will pay US$41 million to settle allegations it lied in claiming its digital tokens were fully backed by fiat currencies, putting a major compliance headache behind the world’s biggest issuer of stablecoins even as regulatory scrutiny intensifies.

Drake has invested in a Toronto cannabis company months after his partnership ended with Canopy Growth Corp.

China’s central bank broke its silence on the crisis at China Evergrande Group, saying risks to the financial system stemming from the developer’s struggles are “controllable” and unlikely to spread.

Porsche’s electric Taycan has outsold the 911 combustion-era flagship for the first time, underscoring the German sports-car maker’s accelerating shift toward battery power.

Canadians looking for the perfect holiday bench plane, cookie sheet or gardening trowel may find themselves out of luck amid growing supply chain disruptions and rising inflation.

When Theranos Inc. was under fire from health regulators, Elizabeth Holmes hired her second-in-command’s dermatologist to be the lab director at her blood-testing startup -- paying him handsomely to do little work, U.S. prosecutors say.