A quick look back at this week's biggest stories
— Trump's tariffs come into force
The United States began imposing tariffs of 10% or higher on goods from more than 60 countries and the European Union on Thursday. The economic fallout from President Donald Trump's tariff policy has already hit the U.S. economy, with growth and job gains slowing and inflation ticking upward.
Read our detailed analysis of the tariffs, what U.S. consumers can expect from them, and look at our collection of photos. Dive deeper into the tariffs on computer chips.
— Israel says it will occupy Gaza City
Israel said Friday it plans to take over Gaza City, a major escalation of its war with Hamas as the Gaza Strip moves toward famine. Israeli Prime Minister Benjamin Netanyahu said this was needed to remove Hamas. Critics say it will lead to more Palestinian death and displacement.
Read our analysis of what's coming next, and the story of a young surgeon trying to save lives at a crippled Gaza hospital. Watch this photo gallery of Palestinians trying to get food aid, a video that shows what they eat day-to-day, and see the destruction of the territory from the air.
— Trump agrees to meet Putin on Ukraine
Monday Mornings
The latest local business news and a lookahead to the coming week.
After threatening new sanctions if Russia failed to agree to a ceasefire in Ukraine this week, the White House said Trump was ready to meet with Russian leader Vladimir Putin. The meeting, scheduled for Friday in Alaska, would be seen as a diplomatic coup for Putin.
Read our analysis of what led to the planned meeting, past meetings between Putin and American presidents, and what Ukrainian soldiers think about the prospect of peace.
— Away from the headlines
If you're looking for lighter content, meet the woman on a mission to visit every single museum in New York City, or read about a monkey sanctuary in Mississippi helping military veterans with PTSD.
See the week in global photos, our top photos from Latin America, a gallery of people from Hiroshima looking for victims 80 years after the atomic bombing – and photos of a Roma performer fighting discrimination, one Elvis song at a time.
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Global News
20 minutes ago
- Global News
Jimmy Kimmel reveals his Italian citizenship, hints at move amid Trump feud
Jimmy Kimmel has revealed that he has obtained his Italian citizenship amid his feud with U.S. President Donald Trump. The late-night talk show host, 57, shared the news on The Sarah Silverman Podcast and said he is considering leaving the United States as they discussed the country in Trump's second term. 'A lot of people I know are thinking about where are they going to get citizenship,' Silverman said. 'I did get Italian citizenship. I do have that,' Kimmel said. 'What's going on is … as bad as you thought it was gonna be, it's so much worse. It's just unbelievable. I feel like it's probably even worse than [Trump] would like it to be.' Kimmel said that he thinks there's a lot of people who are criticizing Trump now after previously supporting him in past elections. Story continues below advertisement 'There are a lot of people … now you see these clips of Joe Rogan saying, 'Why's he doing this? He shouldn't be deporting people.' People go, 'F–k you, you supported him.' I don't buy into that. I don't believe 'F–k you, you supported him,'' Kimmel said. 'I think the door needs to stay open. If you want to change your mind, that's so hard to do.' He continued, 'If you want to admit you were wrong, that's so hard and so rare to do. You are welcome.' The Jimmy Kimmel Live! host was making reference to podcaster Rogan who spoke out against Trump's deportation policies in April, saying, 'You've got to get scared that people who are not criminals are getting, like, lassoed up and deported and sent to El Salvador prisons.' 1:16 Fallon, Kimmel are 'next' after Colbert cancellation and Stern exit: Trump Kimmel's comments came one week after Trump doubled down on his claims that Kimmel is 'next' to lose his show following the cancellation of The Late Show with Stephen Colbert. Story continues below advertisement During a press conference at the White House last Wednesday, Real America's Voice reporter Brian Glenn asked Trump about reports that radio host Howard Stern may part ways with Sirius XM after his contract expires in the fall. Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Sign up for breaking National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy Glenn went on to ask if the 'hate Trump' comedy was losing popularity with American audiences. In his response, Trump used the example of the recent cancellation of The Late Show with Stephen Colbert and added that he believes Kimmel and Fallon are next. 'Well, it hasn't worked,' Trump replied. 'And it hasn't worked, really, for a long time, and I would say pretty much from the beginning. Colbert has no talent. I mean, I could take anybody here. I could go outside in the beautiful streets and pick a couple of people that do just as well or better. They'd get higher ratings than he did. He's got no talent.' 'Fallon has no talent. Kimmel has no talent. They're next. They're going to be going. I hear they're going to be going. I don't know, but I would imagine because they'd get — you know, Colbert has better ratings than Kimmel or Fallon.' 1:18 Stephen Colbert claps back at Trump: 'Go f**k yourself' Trump made a similar statement on Truth Social after Colbert's show was cancelled last month. Story continues below advertisement He criticized Kimmel and claimed he has 'absolutely NO TALENT' while warning that his show, Jimmy Kimmel Live!, is next on the chopping block. 'The word is, and it's a strong word at that, Jimmy Kimmel is NEXT to go in the untalented Late Night Sweepstakes, and shortly thereafter, Fallon will be gone,' Trump wrote on Truth Social on July 22. 'These are people with absolutely NO TALENT, who were paid Millions of Dollars for, in all cases, destroying what used to be GREAT Television. It's really good to see them go, and I hope I played a major part in it!' Kimmel responded by sharing a screenshot of Trump's post on Instagram with the caption: 'I'm hearing you're next. Or maybe it's just another wonderful secret' — a reference to a Wall Street Journal report, published July 17, that claimed Trump had written the phrase to Jeffrey Epstein in a letter for his 50th birthday in 2003.
Calgary Herald
an hour ago
- Calgary Herald
'Alberta came through': Permit approved for pro-Trump Christian singer's Edmonton show
Christian singer Sean Feucht speaks before his performance at Ministerios Restauración in Montreal on Friday, July 25, 2025. (Allen McInnis / MONTREAL GAZETTE) A pro-Trump and Christian musician whose prior Canadian events have drawn cancellations and protests says his permit to perform at the Alberta legislature grounds in Edmonton next week has been approved by the provincial government. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Calgary Herald ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Calgary Herald ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors American singer and songwriter Sean Feucht, 41, describes himself as a musician, missionary, author and activist. Six of his events in eastern Canada earlier this summer were cancelled and rescheduled for alternate venues after local authorities pulled permits, citing concerns over crowd size and protesters. He is scheduled to return to Canada next week, including a stop at the bandshell on the legislature grounds in Edmonton on Aug. 22. Your weekday lunchtime roundup of curated links, news highlights, analysis and features. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again On Monday night, Feucht posted a video to social media stating that Alberta Infrastructure had approved the permits needed for the performance to go ahead. 'We got the permit after six cancelled cities,' he said. 'Alberta came through. We're coming to Edmonton.' Feucht has threatened lawsuits in response to the cancellations, arguing his Charter rights to practise religion and freedom of speech were being infringed on. Critics have cited Feucht's views on the LGBTQ+ community, which he has called 'a cult bent on perverting and destroying the innocence of every child they can,' as well as on abortion laws, which he said 'feverishly promote the slaughter of the unborn and the newborn.' Feucht ran unsuccessfully as a Republican candidate for Congress in 2020. Postmedia has contacted Alberta Infrastructure seeking comment. It previously has said Feucht had submitted an incomplete application and that it was helping his organizers properly complete the required paperwork. The department added that ongoing security assessments are done for all scheduled events held at the legislature grounds. The guidelines for use of the legislature grounds state applications must be submitted four weeks in advance, with applicants mandated to have at least $2 million in liability insurance, a security plan, and proof of permits and licences, among other requirements. Feucht's scheduled events in Halifax, Charlottetown, Moncton, Quebec City, Vaughn, Ont., and Montreal were cancelled and moved to an alternate venue after permits for the public venues were revoked due to safety concerns or local codes of conduct.
Globe and Mail
an hour ago
- Globe and Mail
President Trump Now Supports Intel CEO Lip-Bu Tan -- What It Means for Investors
Key Points Trump initially wanted Tan to resign as CEO before changing his view after the two met at the White House. It is too early to tell whether Tan's turnaround plan would lead to a comeback for Intel. Intel's valuation may imply little downside. 10 stocks we like better than Intel › U.S. President Donald Trump, who just last week demanded the resignation of Intel (NASDAQ: INTC) CEO Lip-Bu Tan, reversed course on Monday. In social media posts on Aug. 8, the president initially labeled Tan as "highly conflicted" over alleged ties to the Chinese Communist Party, citing illegal actions by Cadence Design Systems (NASDAQ: CDNS) while Tan was its CEO as the proof. After the two met on Monday, Trump now calls Tan a "success," and supports his leadership of the chip giant. The conflicting attention on Tan brought additional scrutiny on the semiconductor stock as it struggles to regain its competitiveness in an industry it once dominated. It also means investors would be well advised to make sense of the news and the implications it might have for Intel shareholders before buying the stock. Lip-Bu Tan and China The initial issue arose after Cadence pleaded guilty on July 28 to unlawfully exporting its semiconductor design tools to a Chinese chip manufacturer and a university with ties to the Chinese military. Tan was Cadence's CEO when these transfers occurred. On Aug. 6, Arkansas's Republican Senator, Tom Cotton, sent a letter to Intel's Chairman of the Board Frank Yeary, asking questions about Tan's China ties. President Trump learned of Cotton's letter soon after, and on Trump Media 's Truth Social platform, he called on Tan to resign "immediately." He stated that there was "no other solution to this problem" but did not provide any additional details. Tan countered Cotton's accusations, releasing a letter to Intel employees on Thursday, Aug. 7, stating that there had been "misinformation" circulating about his past roles at Walden International and Cadence Design Systems. He also affirmed his dedication to U.S. security interests and mentioned Intel's discussions with the Trump administration regarding the issues raised. Intel's board of directors also released a statement supporting Tan and emphasizing the board's commitment to U.S. security and economic interests, noting that Intel's investments, including domestic manufacturing, align with President Trump's stated agenda. Tan then visited Trump at the White House to make this case. An Intel spokesperson described the meeting as a "candid and constructive discussion," outlining the commitment Intel has made to bolstering U.S. leadership in manufacturing and technology. Trump responded by hailing Tan's success and rise as an "amazing story," adding that Tan will spend time with members of Trump's administrative cabinet and bring suggestions to him over the next week. Shareholder implications Intel's stock price recovered after releasing the news. Nonetheless, the challenges that Tan faces in getting Intel back on track remain considerable. Intel's board hired Tan back in March 2025 specifically to turn the company around. After decades of industry leadership, it has fallen behind its top competitors in recent years. Efforts by past CEOs to resolve Intel's issues have so far proven unsuccessful. In 2021, former CEO Pat Gelsinger put forth a plan to regain the technical lead by 2025 and turn its foundries into a third-party chip manufacturing business. The rise of artificial intelligence (AI) accelerators thwarted the company's plans to catch up technically, and its efforts to upgrade foundries were beset with setbacks, prompting Gelsinger to leave the company last year. When Intel's board appointed Tan, it likely hoped that Tan could replicate his previous success at Cadence. Since taking the job, he has streamlined the management team, and now the client group and the data center and AI group report directly to him. Additionally, he elevated Intel's technical leadership and began the process of reducing the workforce to approximately 75,000 employees by the end of the year (a one-year staff reduction of over 30%). Tan has made it clear that a comeback will take years. It's still far too early if his initiatives will succeed. So far, its financials suggest little has changed. Revenue for the second quarter of 2025 was $12.9 billion, amounting to flat growth from year-ago levels. There has also been a considerable increase in costs and expenses, and Intel's Q2 net loss widened to $2.9 billion. Still, the fact that Tan persuaded Trump to reverse course is undoubtedly a victory for the CEO. Additionally, its price-to-book ratio is just over 0.9. Since that means Intel stock is worth less than its assets minus its liabilities, one has to assume its troubles are more than priced into the stock. Should investors buy the pullback in Intel stock? Intel was arguably a speculative buy before this recent news and likely remains so. Indeed, the company faced considerable uncertainty before Trump initially turned on Tan. Although Tan has averted a crisis by winning over Trump, Intel still faces an uphill battle in making the venerable tech giant competitive. However, with its price-to-book ratio under 1, Intel is unlikely to have further downside without conditions worsening further. Thus, the news probably just gives investors more time and reason to initiate a speculative Intel position. Should you invest $1,000 in Intel right now? Before you buy stock in Intel, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Intel wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,427!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,119,863!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 11, 2025
