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- Reuters Videos
Where does the US get its steel and aluminum from?
STORY: With President Donald Trump targeting steel and aluminum, here's a breakdown of where the U.S. gets those metals.:: Steel Roughly a quarter of all steel in the U.S. is imported from neighbors Mexico and Canada or overseas allies like Japan, Germany and South Korea. Canada and Mexico accounted for almost 40% of U.S. steel imports in 2024.6.6 million net tons of steel mill products were imported from Canada and 3.5 million came from Mexico, according to U.S. Census Bureau data via the American Iron and Steel Institute. Brazil was the second-largest source of steel imports to the U.S. last year.:: Shanghai, ChinaWhile China is the world’s largest steel producer and exporter, very little of that is sent to the U.S.Most Chinese steel was shut out of the market when 25% tariffs were imposed in 2018. :: Aluminum Roughly half of all aluminum used in the U.S. is imported, with the vast majority coming from Canada. At 3.2 million metric tons last year, Canadian imports were twice the next nine countries combined, according to the U.S. Department of Commerce. The next largest sources of imports are the United Arab Emirates at around 347,000 metric tons and China at around 223,000 metric tons.The U.S. aluminum smelting industry is small by global standards. Total smelter capacity in the country was just 1.7% of the global total, according to the U.S. geological survey.
- CBC
As more people buy Canadian, these farmers are reaping the benefits
The threat of a trade war between Canada and the United States has prompted a "buy Canadian" movement, one that local farmers say is growing their business more than ever.On Feb. 3, U.S. President Donald Trump put a 30-day pause on his promise of a widespread tariff on Canadian imports, halting counter-tariffs and temporarily stopping the threat of price increases to Canadians already feeling the pinch on their grocery bills. But U.S. tariffs are still a possibility in the near future, and many
- Bloomberg
Coke’s $7 Billion Bet on Milk Hits Big, But Wall Street Wants More
(Bloomberg) -- When walking into Coca-Cola’s office in Chicago's trendy West Loop, the soda giant’s iconic logo is noticeably absent. In its place is a giant cowbell.Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperHow London’s Taxi Drivers Navigate the City Without GPSInside, a handful of
- Bloomberg
Oil Extends Rally on Signs Sanctions Are Hurting Russian Flows
(Bloomberg) -- Oil extended gains on signs US sanctions are hampering Russian crude supplies.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperWest Texas Intermediate rose almost 1% to approach $73 a barrel, building on Monday’s 1.
- South China Morning Post
BYD to add autopilot system in EVs to gain edge amid China's price war
BYD plans to offer an autopilot system in nearly all its cars, making autonomous driving affordable to all mainland Chinese customers as the world's largest electric-vehicle (EV) maker seeks a competitive edge in an escalating price war. At least 21 models - including the Seagull hatchback priced from as low as 69,800 yuan (US$9,554) - will be fitted with its indigenous advanced driver assistance system, or ADAS, which enables cars to navigate on highways and conduct self-parking, the Shenzhen-b
- CBC
Judge considers class action suit against Marymound as new documents allege abuse, neglect
WARNING: This story contains details of suicide and contains graphic details involving allegations of child abuse and sexual assault.Children in the care of a Manitoba non-profit were sexually abused and forced to spend days in isolation, and one girl killed herself after major gaps in her care, according to new court documents filed as part of a proposed class action lawsuit against Marymound Inc.First filed in 2023, the suit names Marymound, the Manitoba government and the Réseau Compassion Ne
- Bloomberg
Ontario Fund Writes Down $400 Million Investment in Northvolt
(Bloomberg) -- Investment Management Corp. of Ontario has written down its $400 million investment in Northvolt AB, the electric vehicle battery maker that filed for bankruptcy protection last year, according to people familiar with the matter.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Reb
- Biloxi Sun Herald
Aubreigh Wyatt’s mom sues South MS school district over teen’s suicide, details bullying
In one text message, Aubreigh sounds distraught, saying ‘I truly become so suicidal during the school year.’
- South China Morning Post
China sends trade mission to Central Asia as it braces for US tariff war
Hours after China's retaliatory tariffs on US energy imports went into effect on Monday, a group of Chinese oil and gas executives flew to Kazakhstan to explore new trade opportunities, state broadcaster CCTV reported. The representatives were part of a larger delegation led by the China Council for the Promotion of International Trade (CCPIT), a semi-official trade group, which involved more than 30 companies in sectors including energy, petrochemicals and industrial machinery, according to the
- Business Insider
A software engineer shares the résumé that got him on-site interviews at Meta, Amazon, and Dropbox — and hired at Microsoft
After receiving countless job rejections, Akshay Phadké, a software engineer, used four résumé strategies to help him land a job at Microsoft.
- Reuters
Juniper Networks denies allegations in US DOJ lawsuit to block $14 billion merger with HPE
Last month, the DOJ argued in its complaint that the proposed deal would stifle competition and lead to Cisco Systems and HPE controlling more than 70% of the U.S. market for networking equipment. The complaint does not correctly represent the market dynamics for wireless network solutions and the companies' rationale for the deal, Juniper said in a filing made to a federal court in California on Monday.
- CBC
6 years after massive flood, Sainte-Marthe-sur-le-Lac to pay $32M in settlements
The City of Sainte-Marthe-sur-le-Lac, Que., on Montreal's North Shore, will have to pay $32 million to settle several lawsuits related to the 2019 flood, Radio-Canada is reporting.About 100 citizens, businesses and insurance companies filed claims in the aftermath of the disaster on April 27, 2019.The breach of the dike holding back the Lake of Two Mountains caused the flooding of some 2,500 homes and forced the emergency evacuation of more than 6,000 people.The payment will settle individual da
- Reuters
Apple teams up with Alibaba to bring AI features for iPhones in China, The Information reports
The development could clear months of uncertainty over Apple's AI strategy for China, where it has been losing market share to domestic rivals, including a resurgent Huawei whose smartphones have included AI tools since last year. Apple stock rose 1.5% in early trading, while U.S.-listed shares of Alibaba gained 2.6%. Apple had selected Baidu as its main partner last year, but the Chinese company's progress in developing models for Apple Intelligence fell short of its standards, the report said.
- Simply Wall St.
Top Dividend Stocks To Consider In February 2025
As global markets navigate a complex landscape marked by tariff uncertainties and mixed economic signals, investors are paying close attention to the implications of these developments on their portfolios. With U.S. stocks experiencing slight declines amid trade tensions and European indices showing resilience, dividend stocks offer an attractive option for those seeking stability and income in volatile times. A good dividend stock typically combines a strong track record of consistent...
- Reuters
China's SMIC Q4 profit slumps 38.4%, misses estimates despite revenue growth
BEIJING (Reuters) -Semiconductor Manufacturing International Corp (SMCI), China's largest contract chipmaker, reported a 38.4% year-on-year fall in fourth-quarter profit.
- GOBankingRates
The Best Money You Can Spend To Ensure a Stress-Free Retirement in 2025
If you plan to retire in 2025, time is running short to get your finances ready for the next stage of your life. You might think of this as a time to rein in spending and you'd be right -- to a point....
- Bloomberg
Russia Says Crude Output Has Fallen Further Below OPEC+ Target
(Bloomberg) -- Russian data show oil production in January slipped further below the nation’s OPEC+ quota, according to people familiar with the figures. Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperHow London’s Taxi Drivers Navigate the City Without GPSOutput fell to 8.962 million bar
- Yahoo Celebrity
'It Ends With Us' dispute latest updates: Justin Baldoni addresses 'emotional stress' and 'intense year' in new interview
The behind-the-scenes drama between It Ends With Us co-stars Blake Lively and Justin Baldoni has escalated into one of Hollywood’s most contentious legal battles.
- GOBankingRates
Tony Robbins: Use This Formula To Calculate How Much Money You’ll Need in Retirement
How much money will you need to fund your retirement? Do you know the exact number, or even a ballpark amount? This was a question posed by Tony Robbins. According to various reports, about half of...
- Deadline
Becca Vodnoy Named SVP Corporate Alliances On Asad Ayaz’s Senior Leadership Team At Disney
EXCLUSIVE: Near two-decade Disney veteran Becca Vodnoy is segueing to the senior leadership team of Walt Disney Chief Brand Officer and President of Marketing Asad Ayaz in the role of SVP Corporate Alliances. In the position, Vodnoy will lead the team responsible for forging and managing strategic partnerships with major global brands across various industries. …