Consumer interest in foods’ mental health benefits growing
CHICAGO — Consumers have become increasingly focused on the role food plays in their mental and physical health, according to new research from The NPD Group.
The market research firm said consumers initially grew to care more about their overall health and wellness as a result of the pandemic, with food’s effect on health garnering more attention as the trend has continued. Now, consumers rank food and beverage choices just behind physical exercise as the main contributing factor to their health.
The emphasis on health and wellness may also be seen in the meal kits market where consumers now rank…
As the pandemic business loan repayment deadline looms, calls for extending deadlines grow – Business News
The Canadian Press – Jul 11, 2023 / 9:57 am | Stories: 436296
Photo: The Canadian Press
New Democrats and a business group are calling on the federal government to extend the deadline for small businesses to repay loans they receive from a pandemic support program.
But an economist is cautioning against the move, saying taxpayers shouldn’t subsidize businesses that are still struggling to pay back the loans more than three years since the pandemic hit.
The Canada Emergency Business Account program provided about 900,000 small businesses and not-for-profits up to $60,000 in interest-free loans during the pandemic.
The deadline…
Meta’s Threads is now the fastest-growing platform after 100 million users signed up in the first five days
Meta’s Twitter rival Threads crossed 100 million sign-ups within five days of launch, CEO Mark Zuckerberg said on Monday, dethroning ChatGPT as the fastest-growing online platform to hit the milestone.
Threads have been setting records for user growth since its launch on Wednesday, with celebrities, politicians and other newsmakers joining the platform seen by analysts as the first serious threat to the Elon Musk-owned social media app.
“That’s mostly organic demand, and we haven’t even turned on many promotions yet,” Zuckerberg said in a Threads post announcing the milestone.
The app’s sprint to 100 million users was much faster than…
Dollarama 21 per cent sees an increase in sales year-over-year
MONTREAL –
Dollarama Inc. enjoyed a 21 per cent year-over-year jump in sales in its latest quarter as the discount retailer scooped up consumers seeking cheaper products amid high inflation.
In the quarter ended April 30, the company said strong demand was held up across the board, from consumables to seasonal items and general merchandise, resulting in a profit boost of 23 per cent from a year earlier.
For same-store sales, the number of transactions grew nearly 16 per cent while purchase sizes also nudged up.
“We had a good Easter,” said chief executive Neil Rossy. “But there’s a slight…
US probes complaint that woman was trapped in flaming SUV – Business News
Photo: The Canadian Press
US safety regulators are investigating possible electrical problems in older Dodge Journeys after a woman was trapped and died when her SUV caught fire in December.
The National Highway Traffic Safety Administration says it’s investigating whether inoperative door locks and windows can prevent people from getting out of the SUVs during an emergency.
Documents posted Friday on the agency’s website say the probe covers more than 82,000 Journeys from the 2009 model year. The investigation was opened after the woman’s death on Dec. 9.
A complaint filed with the agency says the woman pulled to the…
Judge: Dominion defamation case against Fox will go to trial – Business News
Fox lawsuit will go to trial
The Canadian Press – March 31, 2023 / 1:50 p.m | Stories: 418963
Photo: The Canadian Press
FILE – A headline about President Donald Trump is displayed outside Fox News studios in New York on Nov. 28, 2018. Documents in defamation lawsuit illustrate the pressures faced by Fox News journalists in the weeks after the 2020 presidential election. The network was on a collision course between giving its conservative audience what it wanted and reporting uncomfortable truths about then-President Donald Trump and his false fraud claims. (AP Photo/Mark Lennihan, Files)
A voting machine company’s…
Several oil producers join Saudi Arabia in cutting production – Business News
More join Saudi oil cut
The Canadian Press – Apr 2, 2023 / 1:12 p.m | Stories: 419210
Photo: The Canadian Press
UPDATE 1:13pm
Several major oil producing countries have joined Saudi Arabia in announcing surprise production cuts that could send world oil prices higher.
Saudi Arabia said Sunday it was cutting production by 500,000 barrels per day from May until the end of the year. That represents less than 5% of its average production in 2020.
The United Arab Emirates, Oman, Iraq, Kuwait, Algeria and Kazakhstan all announced similar but smaller reductions, for a total of 1.15 million barrels…
Police: Crypto firm founder Do Kwon arrested in Montenegro – Business News
Crypto founders arrested
The Associated Press – March 23, 2023 / 9:05 am | Stories: 417550
Photo: Terraform Labs
Police in Montenegro have arrested Terraform Labs founder Do Kwon, who is wanted in South Korea in connection with a $40 billion crash of the firm’s cryptocurrency that devastated retail investors around the world, the European country’s interior minister said Thursday.
“Montenegrin police arrested an individual who is believed to be one of the most wanted fugitives, South Korean citizen Do Kwon,” Interior Minister Filip Adzic said on Twitter.
Montenegrin authorities were awaiting official confirmation of the identity of a man…
