J.M. Smucker plans removes artificial colors from its jams

J.M. Smucker Co. plans to remove artificial colors from its products by the end of 2027. Orrville, Ohio-based Smucker said Thursday it will also remove synthetic dyes from foods sold to K-12 schools by the 2026-2027 school year.

Nike shares soar on shift from China, but warns of $1 billion tariff hit

Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it also warned that tariffs imposed by the Trump administration will cost it about $1 billion before it makes internal changes, which include “surgical” price increases in the U.S. starting this fall.

Editorials from Wall Street Journal, The New York Times, Washington Post, and others

Excerpts from recent editorials in the United States and abroad:

Buy Now, Pay Later loans will soon affect some credit scores

NEW YORK (AP) – Hundreds of millions of ‘Buy Now, Pay Later’ loans will soon affect credit scores for millions of Americans who use the loans to buy clothing, furniture, concert tickets, and takeout.

Ex-Barclays boss loses bid to overturn UK ban over Epstein ties

LONDON (AP) – The former chief executive of Barclays Bank, Jes Staley, lost a legal challenge Thursday against a 2023 decision by Britain’s financial regulator to ban him from holding senior financial roles in the United Kingdom for misleading it over the nature of his relationship with the late sex offender Jeffrey Epstein.

Shell denies reports it is in talks to take over BP

LONDON (AP) – British oil giant Shell on Thursday denied media reports that it is in talks to buy rival BP. The Wall Street Journal on Wednesday said Shell was holding “early stage talks,″ to acquire BP, citing people familiar with the matter.

Fed's Powell repeats warning about tariffs

WASHINGTON (AP) – Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s sweeping tariffs will likely push up inflation in the coming months, even as some Republican senators suggested the chair was biased against the duties.

Middle East conflict highlights how global energy supply has changed

WASHINGTON (AP) – Iran launched missiles at a U.S. military base in Qatar on Monday, threatening to stoke a wider conflict in the Middle East, a region that supplies the world with about a third of the oil used globally every year. That same day, benchmark U.S. crude tumbled more than 7%.