Business
Sapporo USA reportedly plans to lay off 220 workers at three Stone Brewing locations in Escondido, California, as production of the craft beer brand shifts to facilities elsewhere in California and Missouri. The layoffs will begin with 58 workers on Oct. 19, according to Worker Adjustment and Retraining Notification letters…
Moderna’s stock is riding high after news of a personalized cancer treatment, but CEO Stéphane Bancel is warning about a bigger threat: China’s state-backed push to challenge the U.S. in biotechnology. In an interview on “Mornings with Maria” Monday, Bancel said that while Washington pulls back on mRNA funding, Beijing…
President Donald Trump threatened Monday to impose 50% tariffs on Canadian-made vehicles, auto parts and steel beginning in January 2027, accusing Canada of “ripping off” the United States for years. Trump issued the warning in a Truth Social post, writing, “WE DON’T NEED CANADA, THEY NEED US!””Canada has been ripping…
The Trump administration is preparing to launch what Treasury Secretary Scott Bessent called an “economic D-Day” against Iran, escalating pressure not only on Tehran but also on foreign governments, financial institutions and businesses that continue providing the country with economic lifelines. The campaign could raise the stakes for companies and…
A coalition representing immigrant-owned grocers is targeting New York City in a lawsuit over democratic socialist Mayor Zohran Mamdani’s plans to open multiple government-owned grocery stores in the Big Apple, a government intervention that that is expected to cut into the profits of regular markets. The lawsuit was expected to…
Dog owners are being urged to check their pet food after thousands of cases of canned dog food sold in the U.S. and Canada were recalled over potential metal contamination. Fromm Family Foods is recalling roughly 5,800 cases of two wet dog food products after receiving complaints of metal contamination,…
President Donald Trump’s latest trade fight with Canada has a faraway force at its center: China. As Washington presses Ottawa to do more to prevent Chinese steel, aluminum and other goods from reaching the U.S. market through North American supply chains, Canada is pursuing renewed economic ties with Beijing, adding…
Representatives for Paramount Skydance and California Attorney General Rob Bonta’s office are expected to meet Monday to discuss a potential resolution to the lawsuit seeking to block Paramount’s $110 billion acquisition of Warner Bros. Discovery, according to reports. The talks come as the transaction remains on hold under a court…
President Donald Trump lashed out at Canada early Sunday in his first public comments since trade negotiations between the two countries collapsed, accusing Ottawa of wanting the “benefits of being a State, without being one.” “Canada wants the benefits of being a State, without being one!!!” Trump wrote on Truth…
Minnesota Timberwolves and Lynx co-owner Marc Lore has agreed to sell his controlling stake in the franchises to businessman and limited partner Marc Stad. The deal values the NBA and WNBA franchises at $4.5 billion, ESPN reported.Alex Rodriguez, a 14-time MLB All-Star and FOX MLB studio analyst, said Friday that…
