Many cooking spices are imported from India, and the 50 percent tariffs on the country’s imports could drive costs higher. Source link
Category: Business
Business News
Trump’s Threat to Hit Chips With 100% Tariffs Raises Big Questions
The semiconductor supply chain is complex and global. And most chips come into the United States as part of electronics. Source link
Trump’s Higher Tariffs Are Here. Now What?
The president’s trade war entered a new phase on Thursday with hefty levies on scores of countries taking effect, adding further uncertainty. Source link
Pill Causes Major Weight Loss in Eli Lilly Trial’s Results
The company said it planned to seek Food and Drug Administration approval for the drug, orforglipron, before the end of the year. Source link
How Ozempic Maker Novo Nordisk Lost Its Shine
The pioneering Danish drugmaker was once the most valuable company in Europe, but analysts say a number of missteps reversed its fortunes. Source link
Right-Wing Influence Shaped the Sydney Sweeney Ad Debate
Right-wing commentators suggested there was widespread criticism of Ms. Sweeney over her new ad campaign. There wasn’t, at least at first. Source link
Japan’s Auto Giants Are Expecting Pain Despite Trump Trade Deal
Toyota, Honda and Nissan forecast big hits to their profits despite a trade deal that cut auto levies to 15 percent. The reduced rate has […]
Staggering U.S. Tariffs Begin as Trump Widens Trade War
The duties, which the president announced last week, took effect for about 90 countries just after midnight. Source link
United Airlines System Outage Leads to Grounded Flights Nationwide
The airline said it expected additional flight delays through Wednesday night “as we work through the issue.” Source link
Lawrence A. Bossidy, Who Led a Major Corporate Turnaround, Dies at 90
He took over the reins of the troubled Allied Signal in 1991 and within a few years made it one of America’s best-run and most […]