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Canned food companies to increase prices to combat aluminum tariffs

TORONTO — Soup, soda and beer makers can’t seem to put a lid on the effects of the recent aluminum tariffs.

The 10 per cent fees that were slapped on imports of the metal by U.S. President Donald Trump in early July are making cans more expensive and forcing food and beverage companies that rely on them for packaging to consider price increases and other ways to offset the costs.

Triumph of the iPhone: Apple cracks trillion-dollar mark

SAN FRANCISCO — Apple is the world’s first publicly traded company to be valued at $1 trillion, the financial fruit of stylish technology that has redefined what we expect from our gadgets.

The milestone reached Thursday marks the latest triumph of a trend-setting company that two mavericks named Steve started in a Silicon Valley garage 42 years ago.

Lessons for next US financial crisis from 3 key ex-officials

WASHINGTON — Three officials who played vital roles in combating the 2008 financial crisis say they worry that the painful lessons from the banking system’s near-collapse a decade ago may be forgotten.

“It is important that people focus on the lessons,” said former Treasury Secretary Henry Paulson. “We are not sure people remember everything they need to remember.”