Ottawa Street closed between Langlois and Hall because of fire, gas line break
Ottawa is closed between Langlois and Hall Avenues, the Windsor Police Service wrote in an X.com post Thursday morning.
Emergency responders are asking people to avoid the area.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New York Times
3 hours ago
- New York Times
Trade Deal Could Give Japanese Cars a Leg Up in U.S. Market
The new trade agreement between Japan and the Trump administration could give cars made in that country an advantage over vehicles that come from Canada and Mexico. President Trump's agreement with Japan, which was announced on Tuesday, will impose a 15 percent tariff on cars, which is considerably lower than the 25 percent tax he placed on all imported vehicles in April. On Wednesday, a group representing three of the largest U.S. automakers — General Motors, Ford Motor and Stellantis — said the deal could set those companies back. Those three automakers collectively make more than two million cars and trucks in Canada and Mexico, many of them with American-made engines, transmissions and other parts. Those vehicles will still be subject to 25 percent tariffs. The three companies worry that Mr. Trump's agreement with Japan will give automakers like Toyota Motor and Honda a big leg up unless the administration reaches similar deals with Canada and Mexico. 'American automakers still need to review the details of the U.S.-Japan agreement, but any deal that charges a lower tariff for Japanese imports with virtually no U.S. content than it does North American-built vehicles with high U.S. content is a bad deal for the U.S. industry and U.S. autoworkers,' Matt Blunt, president of the American Automotive Policy Council, said in a statement. The council represents G.M., Ford and Stellantis. A group that represents the U.S. operations of several foreign automakers, known as Autos Drive America, said it was urging the Trump administration to reach similar agreements with Canada, Mexico, South Korea and the European Union. Want all of The Times? Subscribe.
Yahoo
7 hours ago
- Yahoo
General Motors CFO: Agility is a key strength as tariffs deliver $1.1 billion hit in Q2
Good morning. At the start of Q2 earnings season, investors looked for tariff-related impacts on profits. Major U.S. financial firms reported only limited effects—especially compared to the auto industry. General Motors (No. 18 on the Fortune 500) reported its Q2 earnings results on Tuesday. The company's net income fell 35% from the same period last year, as higher costs and uncertainty surrounding the Trump administration's automotive tariffs resulted in a $1.1 billion hit to its bottom line. 'We're still tracking to offset at least 30% of the $4 billion to $5 billion full-year 2025 tariff impact through strategic actions such as manufacturing adjustments, targeted cost initiatives, and consistent pricing,' GM CFO Paul Jacobson said during the earnings call. Adjusted automotive free cash flow was $2.8 billion, down $2.5 billion year over year, primarily due to tariff payments as well as headwinds from working capital and lower dealer inventory, Jacobson said. CEO Mary Barra added that GM's tariff burden would be lower if tariffs with Mexico, Canada, and Korea were reduced. President Donald Trump imposed a 25% tariff on all imported cars and auto parts, effective in early April. Vehicles assembled in the U.S. are eligible for partial tariff offsets, allowing automakers to receive reimbursement on a portion of tariffs paid for foreign-made parts used in U.S.-built vehicles. Despite year-over-year declines in revenue and ongoing tariff pressures, GM outperformed market expectations across major metrics: Total revenue reached $47.12 billion, down about 2% year over year, but exceeding Wall Street's estimate of $46.25 billion. Adjusted EBIT was $3.04 billion (down $1.4 billion year-over-year), topping analyst expectations of $2.84 billion. Earnings per share were $2.53, also ahead of the consensus estimate of $2.34. Notably, U.S. sales rose 7%, and the company continued to command strong pricing on pickup trucks and SUVs. A focus on agility GM remains confident that total tariff expenses will decline as new bilateral trade deals emerge and as sourcing and production adjustments are made, Jacobson noted. 'Our agility and responsiveness to evolving consumer preferences and regulatory demands remain key strengths that set us apart,' he said. Agility is a particularly relevant concept, as it is now widely regarded as essential for CFOs amid economic volatility, regulatory pressures, shifting supply chains, and rapidly changing market conditions. 'As we navigate an era of unreliability, fast actions may differentiate winners from losers,' according to Paul Melville, national managing principal of CFO advisory for Grant Thornton Advisors. The firm's latest CFO survey finds that agile CFOs can adapt strategies quickly, enabling companies to pivot in response to disruptions. The most popular tactics to reduce tariff impacts are adjusting supply chains, conducting frequent scenario planning, implementing cost-saving technologies, and raising prices. However, Jacobson told CNBC that he's not expecting any specific price increases related to tariffs. Wedbush analysts see an upside for GM. 'While the tariff headlines continue to put further pressure on the bottom line for the foreseeable future, we believe Barra & Co. continues to impressively navigate the complex backdrop,' the analysts wrote in a note to investors Tuesday, adding that this is occurring amid continued high demand for GM's entire fleet of EVs and internal combustion engine vehicles. The analysts also noted that, in order to mitigate the long-term impact of tariffs, GM is investing $4 billion to build new U.S. assembly plants—with production set to begin in 2027. Wedbush maintains its Outperform investors look to the future, all eyes will be on GM's ability to stay one step ahead in a rapidly changing market environment. Sheryl This story was originally featured on
Yahoo
8 hours ago
- Yahoo
‘Vital' act ahead of bushfire season
The next generation of firefighting vehicles will be put to the test when the bushfire danger period kicks off in NSW after years marred by devastating floods and bushfires. In a first for NSW, the Rural Fire Service has taken possession of six ultra-large Tatra trucks, which will be deployed when the northern danger period starts on August 1. NSW Premier Chris Minns said the firefighting trucks, which are being tested as part of the state government's next-generation fleet trials, were 'more than just vehicles'. 'They're vital tools protecting lives, supporting our firefighters and strengthening community safety across NSW,' Mr Minns said. 'We are providing our firefighters and the communities they protect with the best possible equipment and technology.' Mr Minns said it was vital that emergency volunteers had new equipment, with scores having come out in recent months to assist after flooding on the NSW Mid-North Coast. Five people were killed during the record-breaking floods that smashed areas such as Taree, coming just a few years after floods devastated parts of nearby Lismore. At the same time, the government is working to implement recommendations from the NSW Bushfire Inquiry, which probed learnings from the 2019-20 season. The state government says 290 new and refurbished have been deployed to NSW RFS brigades across the state, in addition to the six new Tatra vehicles. Coming in at a whopping 26 tonnes, the Tatra trucks are made in Czechia and can carrying nearly 9000 litres, making them the largest trucks in the fleet. Boasting the ability for tyres to inflate and delate, the Tatra trucks are made by a military specialised manufacturer and come in 4x4 and 6x6 models. Final fit-outs on the Tatra trucks will be completed domestically, with the first of the vehicles to be tested during the upcoming bushfire season. NSW RFS Commissioner Trent Curtin said the rollout of the Tatra trucks formed part of a long-term program to 'future-proof ' the fleet. 'These vehicles feature the latest in crew protection systems, improved safety design and communications equipment, helping our crews to operate in the toughest conditions,' he said. 'This work will help make sure our volunteers will come home safely after fighting bushfires across the state.' Several new vehicles, excluding Tatra trucks, were deployed during the recent flood crisis, with the RFS also preparing a major move of its home base to Marsden Park.
