
Bombardier Resumes Guidance as It Maneuvers Around Tariff Risks
Bombardier Inc. is offering earnings guidance for 2025 again after pausing last quarter, as the jet manufacturer sees its diversified revenue as strong enough to help it navigate through an uncertain economic environment.
The Quebec-based company expects to post more than $9.25 billion in revenue for the year, fueled by a healthier mix that includes its services segment and stronger contributions from its defense segment. Bombardier also sees its 2025 adjusted earnings before interest, taxes, depreciation and amortization reaching over $1.55 billion as it delivers more than 150 aircraft during the year.

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CNBC
12 minutes ago
- CNBC
This phone is made in the USA, and Trump's name isn't on it
President Donald Trump's family business is taking preorders for a gold-colored smartphone, the T1. Trump Mobile, which launched Tuesday, says the device will be available in September, cost far less than Apple's and Samsung's smartphones — and be made in the United States, aligning with the president's "America First" economic ethos. Industry experts and tech journalists instantly cast doubt on those claims. And if Carlsbad, California-based smartphone maker Purism is any example, it would take much more than two months for Trump Mobile to build an American-made smartphone from scratch. It would also most likely be more expensive than the T1's advertised price of $499. At $2,000, Purism's Liberty Phone is more expensive than an iPhone 16 Pro. It has half the iPhone's memory with roughly twice the thickness. You also can't download many apps on it. According to Todd Weaver, who founded Purism in 2014, it's the only U.S.-made smartphone on the market. But with "kill switches" to turn off its Wi-Fi, camera and microphone, the Liberty Phone is marketed as a secure option because it also carries its own operating system designed by Purism. It took a lot of time and effort to get to that point, Weaver told NBC News. Going from "I would like to make a phone and I would like to make it in the U.S." to actually achieving it took six years, he said. Purism's assembly line consists of just four people screwing together phones by hand — a far cry from the shoulder-to-shoulder line of people and automated machinery often associated with mass production facilities in China. The "Made in the USA electronics" sticker that Purism slaps on the product is a declaration of confidence — since the Federal Trade Commission regulates claims of that sort. Yet even Purism's built-in-America phone needs some foreign help. Ninety percent of its materials come from the United States, Canada or Europe. Among the components made elsewhere: a chassis from China, camera modules from China or South Korea and a Bluetooth module from India. Purism publishes that information online. For materials like a specific crystal necessary for the motherboard to operate, Purism says there are no options for U.S. sourcing, meaning there's no choice but to buy from China. "There just isn't a company yet providing that single crystal," Weaver said. The Trump Organization didn't respond to questions about how Trump Mobile's T1 phone would be made. Another issue looming over the market: Trump's ever-shifting trade policies. He recently threatened a 25% tariff on all smartphone imports, taking aim at manufacturers like Apple and Samsung, which make their phones abroad. "Again, when they build their plant here, there's no tariff, so they're going to be building plants here," he said last month. The percentage of the materials for Purism's phone that come from overseas is small enough that tariffs from the Trump administration wouldn't affect its $2,000 price. But the tariffs would affect a phone Purism does make in China, called the Librem 5. It's priced at $800, but new import duties would take it closer to the Liberty phone's $2,000 level. While tariffs are a "good incentive" for manufacturing in the United States, Weaver said, the administration's on-again, off-again approach makes it tough to plan. "It's terrible," Weaver said. "If you have no idea and you can't predict [the policy], it's very hard for any company, for any business owner. From T-shirts, textiles to high tech, it is very hard to make a long-term business decision when you're in a whipsaw."


Chicago Tribune
16 minutes ago
- Chicago Tribune
Touche French Creole works to bring flavors of New Orleans to downtown Aurora
Those who have visited New Orleans or have a hankering for southern flavors may find what they are looking for at a new restaurant in downtown Aurora. The JH Hospitality group launched Touche French Creole in April at 6 N. River St., one of a trio of restaurants it has opened in the historic Hobbs Building. The venue joins others located on either side of it at the Hobbs Building including Giardino Trattoria & Pizzeria at 12 N. River St. and Leilani Asian Fusion at 2 N. River St. According to a press release from the JH Hospitality group, the 80-seat Touche French Creole restaurant led by chefs Keonte' Tooles and Rayshawn Hendricks offers 'a fresh, modern spotlight, pairing classic dishes with innovative touches and delicious cocktails. Diners can expect elevated takes on Southern staples like shrimp and grits, po' boys, and rich, flavorful etouffees.' Aurora resident Harish Ananthapadmanabhan, a partner with the JH group, said the vision is to help 'make downtown Aurora a truly international food destination.' 'Our goal is that on every weekend all the patrons in the surrounding area think of downtown Aurora as a destination,' he said. 'The more people that come in – they have different options to chose from and that means all the restaurants can thrive. We're bringing in international cuisines to create options but also having things that are reasonably priced.' The JH Hospitality group flew its chefs down to New Orleans to visit a number of local restaurants there to learn more about their culinary approaches as well as to help design the menu of Touche French Creole. He said his group has also made the chefs partial owners in the venue, offering them 'an equity stake so they have more a sense of ownership' in the venture. 'That's exactly the same thing we did with Giardino's as well,' he said. 'That's the overall model.' Hendricks, 25, said he has been cooking since high school. 'After high school, I did attend Joliet Junior College where they have a really good culinary program and studied behind an Italian chef and a pastry chef there,' he said. 'I had a lot of French training and techniques at the school and now we've taken that and fused it with the creole aspect so it's kind of refined comfort food.' Hendricks said the restaurant also offers 'classic French dishes like beef bourguignon and things like that, but most of our menu is New Orleans-based.' 'We have things like fried catfish, shrimp and grits, shrimp etouffee and beignets,' he said. 'In terms of what's been popular, people like our crab cake, our catfish is the number one entree and the shrimp and grits is number two. The people that come in here so far are looking for the New Orleans feel. 'If people haven't been exposed to this, a lot of it is seafood heavy. It's comfort food and reminds people of home,' Hendricks added. 'As a young chef, I want to bring being different and want it to stand out with the cuisine and the creativity.' Stu Saucier of Oswego, 44, works as a sous chef and oversees food preparation at the restaurant and said he brings 10 years of experience to the food industry. 'I've worked at VAI's in Naperville and 113 Main in Oswego and also in the Turf Room in North Aurora,' he said. 'I was working in schools before this and I left restaurants for a while and I was looking to get back in the kitchen and the menu intrigued me. I'm actually French so seeing the French creole sign attracted me. It's an ideal fit.' Saucier said one of the key parts of food preparation is technique. 'When you're a cook it's executing a menu and elevating a menu so when you get a recipe – you're a robot – you do the same thing every time,' he said. 'When you're a chef you build that toolbox up and start learning more techniques and use those to innovate and create and makes things new. It's like being a teacher – you always learn something new.' Marshon Crowder, 26, of Aurora, works as the manager at Touche French Creole and said for him, he has enjoyed the hospitality side of the business. 'It's not been the food, it's the people and I tend to think of myself as a huge people person,' he said. 'I feel like I can connect with a wide variety of people which is what brought me into this. I think this is becoming a destination not only for the Chicago area but the Midwest in general. Downtown Aurora is becoming more vibrant, more lively, and it feels great.' In addition to its dinner menu, Touche French Creole will offer a weekend brunch every Saturday and Sunday. The restaurants hours are 5 to 9 p.m. Sunday through Thursday, 5 to 10 p.m. Friday and Saturday and brunch from 10 a.m. to 2 p.m. Saturday and Sunday. For more information, go to

Associated Press
27 minutes ago
- Associated Press
Go Green Heating & Air Conditioning Urges Colorado Homeowners to Take Immediate Advantage of Heat Pump Incentives
Eligible Residents Can Access Up to $12,000 in Rebates and Tax Credits for Energy-Efficient Upgrades DENVER, CO / ACCESS Newswire / June 19, 2025 / Go Green Heating & Air Conditioning is urging Colorado homeowners to take advantage of financial incentives available for upgrading to high-efficiency heat pump systems. With a robust combination of state, federal, and utility incentives, eligible homeowners may receive up to $12,000 in rebates and tax credits toward the installation of a qualifying system. The available incentives include: Incentive and rebate amounts referenced are maximums and may vary based on system type, size, contractor, and household eligibility. All incentive programs are subject to change, and funding is limited. For the most accurate and up-to-date information, please consult the Colorado Energy Office, Xcel Energy, or the IRS. Strategic Importance for Colorado's Energy Future These rebate programs support larger statewide efforts to cut residential emissions and promote energy-efficient technologies. By upgrading to high-efficiency heat pumps, Colorado homeowners have the opportunity to decrease their energy use, lower utility costs, and support Colorado's environmental and sustainability targets. Technical and Financial Advantages of Heat Pumps Heat pumps offer a dual function, heating and cooling from a single system. This technology is particularly well-suited to Colorado's climate, thanks to modern advancements that maintain efficiency even during colder months. For homeowners, the benefits extend beyond utility savings. High-efficiency systems may increase property values and appeal to environmentally conscious buyers. Go Green Heating & Air Conditioning, based in Denver and recognized as an approved Xcel Trade Partner, assists homeowners in identifying eligible systems, navigating rebate requirements, and coordinating compliant installations. Interested readers can learn more by visiting About Go Green Heating & Air Conditioning Go Green Heating & Air Conditioning is a Denver-based HVAC company focused on top-rate service, technical precision, and long-term value. Recognized as a Gold Star Award Winner and maintaining an A+ rating with the Better Business Bureau of Colorado, Go Green is N.A.T.E. Certified and committed to honest pricing and customer satisfaction. Contact InformationZachary Whiteley Go Green Heating & Air Conditioning 303-919-9292 SOURCE: Go Green press release