Briefs for Saturday
UPDATED: Fri., Nov. 6, 2020
Porsche boss Oliver Blume indicated this week that plans for a 100% battery-powered Porsche 911 is a long way off – if ever.
The decision to keep the two-door sports car powered by internal combustion comes as an outlier to the company’s plan, according to Blume, that by 2025, half of all Porsche vehicles sold will be electrified-either fully battery electric or plug-in hybrid.
It is also likely to hearten the legions of Porsche faithful who drive the 56-year-old model exactly because it retains the tactile urgency and grit of gas-fueled machines rather than the immediate but silent, gear-less power found in electric cars.
Virus fizzles Canada recovery
Canada’s economy added 83,600 jobs in October, the fewest since the recovery began in May, as the country suffers through a second wave of coronavirus cases and fresh lockdowns.
The numbers mark a sharp deceleration from 378,000 jobs added in September, and average gains of 395,000 over the past six months. Economists were expecting a gain of 75,000 jobs.
Rising covid-19 cases prompted authorities to close businesses again in major metro areas like Montreal, Toronto and Ottawa, causing a new wave of job losses in affected industries.The recovery was headed for a slowdown even before the recent surge in virus cases. After an initially strong rebound, the economy is expected to enter a drawn-out recuperation phase that could take years to play out.
From wire reports
Local journalism is essential.
Give directly to The Spokesman-Review's Northwest Passages community forums series -- which helps to offset the costs of several reporter and editor positions at the newspaper -- by using the easy options below. Gifts processed in this system are not tax deductible, but are predominately used to help meet the local financial requirements needed to receive national matching-grant funds.
Subscribe to the Coronavirus newsletter
Get the day’s latest Coronavirus news delivered to your inbox by subscribing to our newsletter.