A new U.S.-Canada trade clash is approaching as President Donald Trump’s 50% tariffs on $28 billion in Canadian goods near their start after midnight. The measures would sharply escalate pressure on cross-border commerce and could affect supply chains, prices and business planning if they take effect as scheduled.

State Farm Mutual begins distributing a one-time $5 billion cash dividend to eligible 2025 auto policyholders, with payments going out in waves this month because of the scale of the payout. The amount each customer receives depends on premiums paid on qualifying policies, and the company says some customers also saw lower rates in many states.

Frasers Group raises its stake in Hugo Boss to 48%, bringing Mike Ashley’s retail group close to effective control of the German fashion company without crossing into a full takeover. The move follows a rejected takeover approach and signals Frasers’ intent to deepen its influence over one of Europe’s best-known apparel brands.

Warren Spector says he is retiring from active game development, closing a career closely associated with immersive sim design and some of the medium’s most influential titles. His departure marks the end of a long chapter in the games business, as one of its best-known creative leaders steps away after decades in the industry.