What company did Apple sue for allegedly stealing trade secrets? Take our business and investing news quiz

Test your recollection of the top stories of the week ending July 17

Welcome to The Globe and Mail’s business and investing news quiz. Join us each week to test your knowledge of the stories making headlines. Our business reporters come up with the questions, and you can show us what you know.

This week: More than 4,000 WestJet flight attendants voted overwhelmingly in favour of a strike, the Bank of Canada announced that it will keep its benchmark interest rate steady and shares of Canadian battery-maker Electrovaya soared by more than 50 per cent. Take our quiz and find out what happened in business. c. Canada agreed to split toll profits with the U.S. for the next 15 years.

This was not the way it was supposed to be: Based on a 2012 agreement with the state of Michigan, Canada had financed the entire $6.4-billion cost of building the bridge and was planning to recoup its investment over decades by collecting the entirety of the tolls. Now it will have split the toll profits with a U.S. economic development fund until 2041. a. Shares of Electrovaya soared after the Mississauga-based maker of lithium-ion batteries said it had struck a deal with Amazon.com Inc. that could see the U.S. tech giant eventually own more than 20 per cent of its stock.

Electrovaya’s stock has more than quadrupled in value since the start of 2025. b. General Fusion Group Ltd., based in Richmond, B.C., now trades on the Nasdaq under the ticker symbol GFUZ. It is the first publicly listed company focused on nuclear fusion, a still experimental approach to generating energy by fusing atoms together.

Efforts to develop fusion power into a commercially viable form of electricity production are in the early stages, but companies in the sector raised US$2.6-billion in 2025. c. The central bank cut its benchmark interest rates to 2.25 per cent in October, 2025, and has kept it there for six consecutive rate announcements.

Observers aren’t betting on a change any time soon. d. IBM’s shares tanked 25 per cent on Tuesday, its worst single-day crash on record, after the company warned that its earnings and revenue were going to fall short of expectations this quarter. Other software stocks also fell as investors fled the sector.

That included Canadian stocks CGI Group, OpenText and Constellation Software, all of which suffered losses of more than 4 per cent. c. In the second quarter of this year, the Chinese economy grew 4.3 per cent from a year earlier, according to figures published this week.

While that would be considered great in North America, it is abysmal for China. In fact, it is one of the country’s slowest rates in decades and its lowest since the low point of the COVID-19 pandemic in 2022. While China’s exports are surging and its trade surplus is booming, the country’s consumers are still struggling to emerge from the aftermath of a property-market crash.

d. Despite having “Mexican” in its name, Chipotle has never operated a restaurant in Mexico. Until now, that is.

The company opened an outlet in the northeastern Mexican state of Nuevo León, near the Texas border, this week. It is partnering with Mexico’s top restaurant franchisee, Alsea, and hopes to add additional outlets in the country. a. Watch this heavyweight tussle!

It could have major implications for the AI sector. Apple has filed a lawsuit against ChatGPT parent OpenAI and two former employees, alleging misappropriation of the iPhone maker’s trade secrets. The complaint, filed in the U.S. District Court for the Northern District of California, alleges a co-ordinated effort to steal Apple’s confidential information.

b. Flight attendants voted in favour of a strike after months of negotiations with the airline failed to yield any significant movement on the key issue of ground pay. As things now stand, WestJet flight attendants get compensated only for time when the plane is in the air; they do not get paid for work they do in the airport or on the plane before it departs.

They also do not get paid for work done after the plane lands. b. SpaceX shares slid below their IPO price only weeks after Elon Musk’s sprawling space-and-AI empire went public on June 12. The company was initially priced at US$135 a share.

It opened at US$150 and soared above US$200, but then started falling. This week, it fell below US$135, suggesting that some investors are worried about what will happen to the share price as more shares become available for trading in the weeks ahead. a. Statistics Canada says manufacturing sales rose for a fourth consecutive month to hit a record high in May, helped by gains in the auto sector.

The agency says manufacturing sales rose 1.3 per cent to $78.1-billion in May. d. Pathways is a carbon capture project. It includes a 400-kilometre pipeline that would transport carbon trapped at oil sands facilities to an underground hub near Cold Lake, Alta.

Under the new agreement, Pathways will be built in stages, but is expected to be in service by Jan. 1, 2032, and fully completed by Jan. 1, 2035.