5 d. ago Nike soars on a production shift away from China, but it warns of a $1 billion tariff hit

Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it also warned that tariffs imposed by the Trump administration will cost it about $1 billion before it makes internal changes, which include “surgical” price increases in the U.S. starting this fall. Nike is not […]

Economics

7 d. ago Toyota will assemble electric batteries at its Ontario plants, adding to the concentration of electric vehicle investment in Southwestern Ontario.

Toyota will assemble electric batteries at its Ontario plants, adding to the concentration of electric vehicle investment in Southwestern Ontario.

Science

7 d. ago China’s Lan Laments Decline of Aid in Speech to Development Bank

China’s Finance Minister Lan Fo’an warned emerging countries are running short of money to spend on cross-border infrastructure, in remarks at a meeting of a multilateral lender based in Beijing.

Sport

2 w. ago Modi Misses Chance to Push for US Trade Deal as Trump Leaves G

Indian Prime Minister Narendra Modi had no opportunity to push for a US trade deal with Donald Trump after the American president left the Group of Seven leaders’ summit early, a potential setback for New Delhi as recent tariff negotiations hit hurdles.

Economics

2 w. ago B.C. Ferries contract plays to China's military aspirations, expert warns

B.C. Ferries has hired Weihai shipyards to build roll-on, roll-off ships. An expert says China's interest in such ferries is military

Events

3 w. ago ArcelorMittal closing wire drawing mill in Hamilton in latest industry blow

HAMILTON — Canada’s steel industry was hit with further layoff news Wednesday as ArcelorMittal Long Products Canada announced it is closing its wire drawing mill in Hamilton. The decision puts 153 employees out of work and adds to the hundreds of workers in the industry already hit by a combination of tariff concerns, market demand […]

Other

3 w. ago US Clothes, Toy Costs Show Tariff Hit Only at Margins So Far

For all the hand-wringing about tariffs, Americans are so far experiencing limited inflation from President Donald Trump’s protectionist trade policy.

Economics