6 Most Important Things in Business Today

By Douglas A. McIntyre Updated Mar 13, 3:54PM EDT · Published Sep 27, 5:00AM EDT

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6 Most Important Things in Business Today — © The Boeing Co.

The U.S. government put tariffs on Bombardier jets after a complaint was filed by Boeing Co. (NYSE: BA). According to Reuters:

The U.S. Commerce Department on Tuesday slapped preliminary anti-subsidy duties on Bombardier Inc’s CSeries jets after rival Boeing Co accused Canada of unfairly subsidizing the aircraft, a move likely to strain trade relations between the neighbors.

The department said it imposed a steep 219.63 percent countervailing duty on Bombardier’s new commercial jets after it made a preliminary finding of subsidization. Boeing has complained the 110-to-130 seat aircraft were dumped below cost in the U.S. market last year while benefiting from unfair subsidies.

Ford Motor Co. (NYSE: F) and Lyft will join forces to build and distribute self-driving cars. The deal by the number-two ride-sharing service is a challenge to leader Uber.

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Twitter Inc. (NYSE: TWTR) has started to test tweets that are 280 characters, which is twice the current maximum length.

Uber will stop its service in Canada’s Quebec province. According to CNBC:

Ride-hailing service Uber said on Tuesday it will stop operating in the Canadian province of Quebec next month, pulling out to avoid following tough new regulations announced last week.

India has become one of the most important smartphone markets in the world. According to CNNMoney:

India has nearly as many smartphone users as the U.S. has people, and it’s about to get many millions more.

The South Asian nation is already one of the world’s hottest mobile markets, with everyone from Samsung and Apple to China’s Oppo, Vivo and Xiaomi fighting with Indian brands such as Micromax for a piece of the action.

And it’s just getting started. Experts say India’s tally of 300 million smartphone users could grow by more than 50% in the next few years.

Alphabet Inc.’s (NASDAQ: AAPL) YouTube will no longer be available via Amazon.com Inc.’s (NASDAQ: AMZN) Echo electronic personal assistant. According to Reuters:

In a rare public feud between large technology companies, Amazon.com said on Tuesday its Echo Show devices could no longer play videos from YouTube because the site’s parent, Google, stopped supporting the service.

The spat is the latest in Silicon Valley in which competitive tensions stood in the way of customers. Amazon and Google square off in many areas, from cloud computing and online search, to selling voice-controlled gadgets like the Echo Show.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.