The United States and Canada have entered into uncharted territory. The longtime allies and economic partners, who have enjoyed free trade for decades, are now in an escalating trade war with no clear off ramp. And for Prime Minister Mark Carney, the late night decision to suspend talks with President Donald Trump and to retaliate
The bond market is one of the few forces in the world strong enough to get politicians to snap to attention. It also helps dictate how much ordinary people have to pay on their mortgages and car loans, as well as how much they earn from their savings accounts and 401(k) plans. This week rising bond yields forced the U.S. Treasury Department into an unusual
AUSTIN, Texas — Conspiracy theorist Alex Jones is still under orders to pay more than $1 billion over his false claims surrounding the 2012 Sandy Hook Elementary School massacre despite a Texas court reducing some of the money awarded to families. For the bombastic Infowars founder, the ruling that saves him more than $40 million
SAN FRANCISCO — California workplace safety officials have fined a guide company that was leading backcountry skiers down a mountain in February when an avalanche was triggered, killing nine members of the group in the deadliest avalanche in the state’s modern history. The California Division of Occupational Safety and Health, or Cal/OSHA, issued $151,300 in
CHICAGO — They arrived in a kaleidoscope of colors, but one won. For decades, the American school bus has maintained such a standard look that “school bus yellow” is national shorthand for their deep, glossy hue. No act of Congress mandated the color, with its slight orange tint. Rather, a 1939 conference of transportation officials
Twenty-five years ago, multinationals found themselves facing an affordability crisis. Emerging economies were growing at 3x to 4x the rate of developed economies (they are still growing ~2x faster now). The collective purchasing power of billions of potential consumers and the growing middle class in emerging markets presented an enormous business growth opportunity. Many multinationals