Business

World stock markets plunge again as Trump doubles down on tariffs

BANGKOK (AP) — Global stock markets extended a severe plunge Monday, fueled by fears that U.S. tariffs would lead to a global economic slowdown. European and Asian shares saw dramatic losses,...

4h ago

Carney, Starmer discuss deeper trade ties in response to Trump's tariff war

OTTAWA — Prime Minister Mark Carney says he spoke Sunday with his counterpart in the United Kingdom about the fallout from the United States' global tariff campaign. A readout from Carney's office says...

14h ago

Sorry not sorry: Restaurants revamp decor, menus to showcase Canadian ties

When Grizzly Bar opens next week in Toronto, diners will have no doubt about where its owners’ allegiances lie in the trade war between Canada and the U.S. Maple leaves and animatronic bears will...
'In a fight with one man': Trump's tariffs have autoworkers in Oshawa, Ont., on edge

For more than a century, Oshawa, Ont., has been the city of autoworkers. The decades-old Canadian Automotive Museum in the downtown core, murals depicting locally made vehicles and the city’s beloved...
Deadline nearing for Hudson's Bay insiders to declare interest in assets

Hudson's Bay insiders, including its head honcho Richard Baker, have until the end of Monday to declare whether they're interested in making a bid for any of the ailing company's assets or leases. Twin...
Tariffs will make sneakers, jeans and almost everything Americans wear cost more, trade groups warn

NEW YORK (AP) — Sending children back to school in new sneakers, jeans and T-shirts is likely to cost U.S. families significantly more this fall if the bespoke tariffs President Donald Trump put on leading...
Canadian scientist wins Breakthrough Prize for discovery of hormone used in Ozempic, Mounjaro

A Canadian researcher has won a 2025 Breakthrough Prize in Life Sciences for discovering the GLP-1 hormone used in diabetes and obesity medications...
Jaguar Land Rover to enact shipment pause to US in April as it develops post-tariff plans

LONDON (AP) — The British maker of Jaguar and Land Rover cars is pausing shipments to the U.S. as it works to mitigate the impact of a 25% tax on vehicle imports imposed by the Trump Administration. Jaguar...
'We are not the gods': Fire-torn Jasper prepares for diminished summer tourism season

JASPER, ALTA. — Every summer for 61 years, tourists have piled onto Jasper’s SkyTram to see the boomerang-shaped town nestled inside the sprawling Rocky Mountains. It'll happen again this summer, but...
Iran's currency falls to record low against the dollar as tensions run high

TEHRAN, Iran (AP) — Iran ’s rial currency traded Saturday at a record low against the U.S. dollar as the country returned to work after a long holiday, costing over 1 million rials for a single greenback...