Business - Page 149

Trade deficit hits record in April as ‘trade has totally collapsed’ amid tariffs

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OTTAWA — Canada posted its largest merchandise trade deficit on record in April at $7.1 billion as exports fell sharply in the face of...

Bank of Canada hearing less ‘catastrophic’ tariff talk from businesses

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OTTAWA — Trade-sensitive businesses are telling the Bank of Canada that they’re broadly less worried about their “worst-case tariff scenarios” coming true compared to...

Toy store hit by mounting tariff costs plans to close Portland shop

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Owner of Merci Milo says their brick-and-mortar store on Northeast Broadway will close June 30, but sales will continue online and at their Los...

Oregon residents file lawsuit against Grocery Outlet, citing deceptive sales strategy

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The lawsuit argues Grocery Outlet uses fabricated reference prices labeled as "elsewhere" prices without identifying the actual competitor source. PORTLAND, Ore. — Oregon...

Jobs minister presses Canada Post, workers to reach a deal

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Jobs Minister Patty Hajdu on Wednesday called on Canada Post and the union representing 55,000 postal workers to return to the bargaining table and...

Grants Pass-based Dutch Bros fires president of operations, eliminates role

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Ghosh, a longtime Starbucks executive and former global vice president of Nike Stores, joined Dutch Bros in February 2024. GRANTS PASS, Ore. —...

Pressure mounts on Carney to match Trump’s tariffs on steel and aluminum

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OTTAWA — Canada's steel industry is calling on the federal government to quickly match U.S. President Donald Trump's 50 per cent tariffs on steel...

Trump tax bill slowing down in the Senate as GOP pushes for changes

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Republican leaders are determined to muscle the package through Congress by Trump's Fourth of July deadline. WASHINGTON — President Donald Trump’s big bill in...

Oregon State University builds new computer chip to cut AI energy costs in half

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AI is exploding, and so is the related energy use. OSU engineers design a new chip to curb some of that power usage. ...
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