Business Matters: Boeing faces new U.S. investigation into 787 Dreamliner inspections
I’m end of Viola with your top business headlines right now. The Competition Bureau has launched an inquiry into Lululemon following a complaint from members of an environmental group, Stan dot Earth had asked the Bureau to investigate the athletic wear giant in February, alleging Lululemon is misleading customers about its climate impacts. The group accused Lululemon of using the slogan B. Planet as part of its impact agenda released in 2020. But the company’s own reports reveal a doubling of greenhouse gas emissions since then. A spokesperson for the Competition Bureau confirmed Monday that it has launched an investigation into, quote alleged deceptive marketing practices. The Bureau says there is no conclusion of wrongdoing at this time. the US Federal Aviation Administration has opened a new investigation into Boeing. The beleaguered company reported that workers at a South Carolina plant falsified inspection records on certain 787 planes. Boeing’s investigation found that several people had falsified inspection records by saying they had completed certain tests when they hadn’t. The company says its engineers determined that the misconduct did not create a quote. Immediate safety of flight issue Google is taking Canada’s broadcasting regulator to court. The tech giant says the CRTC directed it to include its significant YouTube ad revenues and calculations of the regulatory fees it owes. But Google says those revenues come from user generated content. Which it argues should be excluded from fee calculations because of exemptions in the broadcasting act. Nintendo says a successor to its Switch home console is coming sometime before March 2025. The news comes as the Japanese video game maker reported its results on Tuesday. Nintendo gave no details and didn’t clarify whether it would launch that successor in the next year or just announce it Kyoto based Nintendo reported a 13% rise in profit for the fiscal year that ended in March. Those are the top business stories right now. For more, you can head to globalnews.ca. I’m Anne Kaviola.