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

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.
Supreme Court upholds Texas law aimed at blocking kids from seeing pornography online

Supreme Court upholds Texas law aimed at blocking kids from seeing pornography online

WASHINGTON (AP) — The Supreme Court on Friday upheld a Texas law aimed at blocking children under 18 from seeing online pornography.
Deal with Beijing will speed China's export of minerals to the US, treasury secretary says

Deal with Beijing will speed China's export of minerals to the US, treasury secretary says

BANGKOK (AP) — Washington and Beijing have signed a trade agreement that will make it easier for American firms to obtain magnets and rare earth minerals from China that are critical to manufacturing and microchip production, U.S.
Gloomy Americans cut back on spending as inflation ticks higher

Gloomy Americans cut back on spending as inflation ticks higher

WASHINGTON (AP) — A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans also cut back on their spending last month. Prices rose 2.3% in May compared with a year ago, up from just 2.
Supreme Court OKs fee that subsidizes phone, internet services in schools, libraries and rural areas

Supreme Court OKs fee that subsidizes phone, internet services in schools, libraries and rural areas

WASHINGTON (AP) — The Supreme Court on Friday upheld the fee that is added to phone bills to provide billions of dollars a year in subsidized phone and internet services in schools, libraries and rural areas.
Ready to drink: Why Molson Coors hopes growth is brewing in its flavour kitchen

Ready to drink: Why Molson Coors hopes growth is brewing in its flavour kitchen

TORONTO — A waft of fruity scents surround you as you enter what's known as the flavour kitchen at the Molson Coors brewery in west Toronto.
Toronto casino facing $350k fine after impromptu after-hours party on gaming floor

Toronto casino facing $350k fine after impromptu after-hours party on gaming floor

Ontario's alcohol and gaming regulator says a Toronto casino is facing a $350,000 fine after a performer hosted an impromptu party on the gaming floor following a concert marked by "widespread intoxication, disorderly behaviour" and numerous incident
Federal bank loaning $1B for BC Ferries to buy Chinese-made ships

Federal bank loaning $1B for BC Ferries to buy Chinese-made ships

VICTORIA — A federal Crown corporation is loaning BC Ferries $1 billion to help buy four Chinese-made ships, a purchase that federal Transport Minister Chrystia Freeland recently said was dismaying and should involve no federal funds.
B.C. billionaire Ruby Liu gets keys to first retail store once owned by The Bay

B.C. billionaire Ruby Liu gets keys to first retail store once owned by The Bay

DELTA — British Columbia billionaire Ruby Liu has received the keys to a store taken over from Hudson's Bay, the first of more than two dozen that she has her eyes on.
BMO employees to start working four days in office similar to Scotiabank and RBC

BMO employees to start working four days in office similar to Scotiabank and RBC

TORONTO — BMO says it is moving towards four days in the office starting in the fall, joining some of its Bay Street peers.
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