Why does Trump want tariffs? Here’s which new ones are starting and what else to know

Arizona companies are once again bracing for impact after President Donald Trump’s new 25% tariffs on imports took effect Tuesday.Canada and China quickly announced retaliatory tariffs against the U.S.Trump has promoted the tariffs as part of a wider strategy to revive American manufacturing, and as a way to extract concessions from the U.S.’ trading partners,…

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Activist investor gets tough on Portillo’s

Chicago’s hometown hot dog giant Portillo’s is in the midst of an ambitious national expansion, and now a proxy fight may be brewing in its boardroom.Activist investor Engaged Capital, which took a nearly 10% stake in the Oak Brook-based company last year, said Monday that it has nominated two independent candidates to the company’s board.Engaged…

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