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EU to impose retaliatory tariffs on US imports from July

The European Union on Wednesday announced it will start imposing duties from July on a list of U.S. products in response to President Donald Trump's decision to slap tariffs on steel and aluminum imports from Europe.
by Associated Press

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China's ZTE reportedly strikes preliminary deal to lift U.S. ban

China's ZTE reportedly strikes preliminary deal to lift U.S. ban

The cellphone maker was sanctioned by the Commerce Department for illegal sales to Iran and North Korea. However, President Trump last month said he wanted to resolve the issue to save jobs in China.
by Scott Neuman

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GOP Senators want to limit Trump's power on trade

GOP Senators want to limit Trump's power on trade

Worried about a possible trade war with Canada, Mexico and the EU, some Senate Republicans want to give Congress the power to approve certain trade actions.
by Kelsey Snell

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Conservative icon David Koch leaving business, politics

Conservative icon David Koch leaving business, politics

Billionaire conservative icon David Koch is stepping down from the Koch brothers' network of business and political activities.
by Associated Press

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Mexico hits U.S. steel and farm products with tariffs, retaliating for Trump move

Mexico hits U.S. steel and farm products with tariffs, retaliating for Trump move

Mexico is putting tariffs on imports of U.S. steel and farm products - including pork and cheese - as it hits back at the U.S. for the Trump administration's tariffs on steel and aluminum products.

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Starbucks chairman Howard Schultz stepping down

Starbucks chairman Howard Schultz stepping down

Schultz, who oversaw the transformation of Starbucks into a global chain with more than 28,000 locations, had left the CEO job at the company last year to focus on innovation and social impact projects.
by The Associated Press

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Monsanto no more: Agri-chemical giant's name dropped in Bayer acquisition

Monsanto no more: Agri-chemical giant's name dropped in Bayer acquisition

Germany's Bayer announced in 2016 that it would be buying Monsanto for more than $60 billion. Now it confirms it will be dropping the Monsanto name, which has been made infamous by protesters.

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Last Rainbow Foods in Minnesota continues to survive

Last Rainbow Foods in Minnesota continues to survive

The Rainbow Foods chain was once the second-largest in the metro area. But in 2014 the parent company pulled out of the market, and today the surviving Rainbow stands alone along the retail corridor that is White Bear Avenue.
by Associated Press

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