Nation & World Business

President Donald Trump says his tariffs on Canada and Mexico are starting next month. The comment Monday indicates the end of a monthlong suspension on planned import taxes that could potentially hurt growth and worsen inflation. Trump said Monday at a White House news conference with French President Emmanuel Macron that “the tariffs are going forward on time, on schedule.” While Trump was answering a specific question about the taxes to be charged on America’s two largest trading partners, the U.S. president also stressed that his intended “reciprocal” tariffs were on schedule to begin as soon as April.

A federal judge has refused to immediately order the White House to restore The Associated Press’ access to presidential events, saying the news organization had not shown it had suffered irreparable harm in the matter. But he urged the government to reconsider its two-week-old ban. He said that case law "is uniformly unhelpful to the White House.” U.S. District Judge Trevor N. McFadden told attorneys for the Trump administration and the AP that the issue required more exploration before ruling. The AP filed a lawsuit Friday saying that its First Amendment rights were being violated. President Donald Trump said it was punishment for the agency’s decision not to entirely follow his executive order renaming the Gulf of Mexico as the “Gulf of America.”

U.S. stocks drifted lower following their sharp losses from last week. The S&P 500 fell 0.5% Monday after flipping between small gains and losses through the day. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite dropped 1.2%. Nvidia fell ahead of its profit report coming later this week and was the heaviest weight on the market. Berkshire Hathaway climbed after Warren Buffett’s company reported a jump in operating profits for the latest quarter, but it also hinted that it’s not seeing many stocks priced well enough to buy. Treasury yields fell ahead of coming updates on consumer confidence and inflation.

Fabric and crafts retailer Joann Inc., which has been a destination for generations of quilters, knitters and other lovers of crafts for more than 80 years, is going out of business and shuttering all its stores. The announcement comes after the Hudson, Ohio-based retailer filed for Chapter 11 bankruptcy protection in January, the second time in a year. It then vowed it would keep all of its stores open. But earlier this month, Joann said it planned to close 500 stores _ or more than half of its nationwide footprint. The company said on Sunday that after a recent auction, financial services company GA Group, together with Joann’s term lenders, were selected as the winning bidder to “acquire substantially all of Joann’s assets.”

Many federal employees across the country are back at agency offices under President Donald Trump's return-to-office mandate. Trump advisor Elon Musk warned on his platform X Monday that workers who don't comply will be placed on administrative leave. At least some federal agencies are not fully prepared for all remote workers to return to the office. In an email to U.S. Department of Education Federal Student Aid employees on Friday, agency officials noted that some regional offices in Boston, Chicago, New York and San Francisco were not ready for workers to return.

Apple announced Monday that it plans to invest more than $500 billion in the United States over the next four years, including plans to hire 20,000 people and build a new server factory in Texas. The move comes just days after President Trump said Apple CEO Tim Cook promised him that the tech giant’s manufacturing would shift from Mexico to the U.S. Trump noted the company was doing so to avoid paying tariffs.

The Food and Drug Administration is reinstating some of the hundreds of staffers it fired last week. That’s according to agency employees who spoke with The Associated Press on condition of anonymity. The FDA callbacks are the latest example of the chaotic fallout from President Donald Trump and Elon Musk's sweeping cost-cutting effort. Many of the staffers getting their jobs back are responsible for reviewing medical devices and food ingredients. After last week’s terminations, lobbyists for the device industry warned that the cuts would hurt companies and patients. The FDA’s device program is heavily funded by companies that pay the agency to quickly review their products.

Job searches can be tough for anyone, but some of the federal workers flooding the market after widespread layoffs are finding it particularly tough. Park ranger? Nuclear submarine engineer? Diplomat? Some jobs are almost exclusively the realm of government, making the search even harder. President Donald Trump and his cost-cutting czar, billionaire Elon Musk, have presided over thousands of federal job cuts touching nearly every part of the country. Those workers are now on the hunt for replacement work and are likely to be joined by others. The White House and its Musk-headed Department of Government Efficiency are telling agency leaders to plan for “large-scale reductions in force” and the freezing of trillions of dollars in federal grant funds.

The ubiquitous food delivery app DoorDash will pay almost $17 million to settle claims that it unfairly used customer tips to subsidize the wages of its delivery workers in New York, rather than let drivers keep the tips on top of their guaranteed pay. Attorney General Letitia James announced the settlement Monday. James said Doordash also didn't make it clear to customers that their tips were being used to offset worker wages. She said the company used the wage model between May 2017 and September 2019. DoorDash said it was happy to resolve the suit but believes it “properly represented how Dashers were paid during this period.”

Supplies of high-demand obesity treatments are improving, but that doesn’t mean they're easier to get. Many employers and health insurers are scaling back coverage of Wegovy or Zepbound and a key government program, Medicare, doesn’t cover the drugs for obesity. Clouding the picture even further, some big employers are adding coverage. But their commitment isn’t guaranteed. Treatment prices that can top hundreds of dollars monthly even after discounts make it hard for many to afford these drugs on their own. That makes the life-changing weight-loss that patients seek largely dependent on the coverage they have and how long it lasts.

Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations. In a letter to employees released Monday, Niccol said the company will inform employees who are being laid off by midday Tuesday. Niccol said Starbucks is also eliminating several hundred open and unfilled positions. Niccol said the Seattle coffee giant needs to operate more efficiently and reduce complexity. Baristas in Starbucks' stores aren't impacted by the layoffs.