24News.ca

FRANKFURT -- Shares in electric- and hydrogen-powered truck startup Nikola plunged on Monday after the company's founder resigned amid allegations of fraud - just two weeks after signing a $2 billion partnership with General Motors. The company said late Sunday that Trevor Milton resigned and the departing executive chairman said he would defend himself against accusations that the company made false claims about its vehicles, allegations that Nikola rejects. Source

TORONTO -- A majority of Canadians have been saving more during COVID-19, and are in better shape financially than they were before the pandemic. But that doesn’t mean they’re feeling good about it. There is an unspoken belief that if you have managed to keep your job throughout the pandemic, you are better off financially than you were prior to the pandemic. Source

Growth in Alberta's renewable energy sector should continue its upward trend, experts say, with one forecast anticipating a surge of projects that could have the province poised to be the Canadian leader in utility-scale wind and solar capacity as soon as 2025. Rystad Energy tracks utility-scale wind and solar assets with at least one MWac (megawatt alternating current) in capacity. Source

BEIJING -- Asian stock markets were mostly lower Monday after Wall Street declined for a third week and Britain reported a rise in coronavirus infections. Benchmarks in Shanghai, Hong Kong and Sydney retreated. Japanese markets were closed for a holiday. Source

BEIJING -- Global stock markets and U.S. futures tumbled Monday after Wall Street fell for a third straight week and investors were rattled by U.S.-Chinese tension over technology and security and a rise in British coronavirus infections. Source

TEHRAN, IRAN -- Iran's president dismissed U.S. efforts to restore all UN sanctions on the country as mounting economic pressure from Washington pushed the local currency down to its lowest level ever on Sunday. Iran's currency dropped to 272,500 to the U.S. Source

NEW YORK -- A judge has approved a request from a group of U.S. WeChat users to delay looming federal government restrictions that could effectively make the popular app nearly impossible to use. In a ruling dated Saturday, Magistrate Judge Laurel Beeler in California said the government's actions would affect users' First Amendment rights as an effective ban on the app removes their platform for communication. Source

NEW YORK -- A judge has approved a request from a group of U.S. WeChat users to delay looming federal government restrictions that could effectively make the popular app nearly impossible to use. In a ruling dated Saturday, Magistrate Judge Laurel Beeler in California said the government's actions would affect users' First Amendment rights, as an effective ban on the app would remove their platform for communication. Source

OTTAWA -- The national housing strategy will need new tools to move more quickly from ideas to finished projects during the COVID-19 pandemic, says the head of the federal housing agency. The Canada Housing and Mortgage Corp. Source

When Chris Eggers and his wife signed up for an in-store text message promotion at a Toronto Shoppers Drug Mart, they thought they'd collect extra PC Optimum points. Instead, Eggers alleges, hackers stole them all. "Every week, [PC Optimum] would text me, 'See if you're a winner and click on the link!'" he explained. Source