Riggs rises to president of Hershey salty snacks business
HERSHEY, PA. — Kristen Riggs has been promoted to president of salty snacks at Hershey Co.
Ms. Riggs has been with Hershey for more than 17 years, most recently as senior vice president and chief growth officer from January 2020 to November 2022. Previously, she was vice president of innovation and strategic growth platforms.
Since joining Hershey in 2005 Ms. Riggs has held a range of leadership positions as well as roles in brand marketing, shopper marketing, global marketing and sales.
Before joining Hershey, she worked as an engineer for Samsung Semiconductor in Austin, Texas.
“Riggs is a dynamic Hershey…
Slideshow: New products from the Winter Fancy Food Show
LAS VEGAS — The 2023 Winter Fancy Food Show saw more than 1,100 exhibitors showcase their newest products Jan. 15-17 in Las Vegas. The $175 billion specialty food industry homes in on consumers looking for premium products, often made in small batches.
This year, the Specialty Food Association’s Trendspotter Panel predicted an interest in bold and intense flavor experiences, specifically within the sauce and condiment categories.
“What began in the hot sauce category is exploding into honey, spreads, confections, beverages, and snacks, snagging new markets like younger consumers, especially, and inspiring specialty food companies to introduce heat and spice into…
Canadians facing financial pressures ahead of the Bank of Canada decision
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More Canadians likely to declare bankruptcy, saving for retirement pushed to back burner
Published July 11, 2023 • Last updated 3 hours ago • 3 minute read
A woman walks past the Bank of Canada headquarters in Ottawa. Photo by Adrian Wyld/The Canadian Press files
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Having exhausted their savings, Canadians are now struggling on a series of financial fronts, according to the latest reading from an ongoing poll that is being released on the eve of the Bank of Canada’s interest rate decision.
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Businesses expect slowing prices, wage increases: BoC survey – Business News
Photo: The Canadian Press
Businesses continue to expect wage and price increases to be larger than normal, but they are shifting to closer to what they were before the pandemic, a new survey by the Bank of Canada suggests.
In its business outlook survey released Friday, the central bank said for the first time since the beginning of the pandemic businesses on balance expected slower wage growth over the next year.
Firms on balance also expected their input and output prices to grow at a slower rate over the next 12 months.
“Although firms still see cost pressures and labor…
How student loans keep some people trapped in debt
When Samuel Bonne received $15,000 in student grants to fund his studies, he wasn’t expecting to have to pay it back. But just two years later — in the middle of the pandemic — those grants were converted to loans.
At the end of his sophomore year at the University of Toronto, the Ontario Student Assistance Program (OSAP) asked Bonne, originally from Mauritius, for his parents’ financial documents, but they couldn’t provide them.
“My dad works in Kenya and my mom doesn’t work,” said Bonne. “So I ended up having $15,000 in loans that I did not know about.”
Bonne,…
Canadian forest fires are the latest costly climate disaster that public accounts fail to capture
You don’t have to tell the people of Calgary and other Canadian communities breathing orange air that forest fires have a cost.
And while repeated studies draw a direct line between an increase in costly forest fires and climate change, economists and accountants right up to Canada’s Parliamentary Budget Officer say the benefits of stopping climate change and thus reducing the many harms it creates is simply impossible to measure for public accounting purposes.
It is an interesting conundrum and the thousands of people displaced from their homes or breathing smoke from the current spate of forest fires are caught…
Angry Fox News chief said fact-checks of Trump’s election lies ‘bad for business’ | FoxNews
The top executive at Fox News was furious one of the network’s reporters was fact-checking Donald Trump’s false claims about the 2020 election, writing in a December 2020 email that it was “bad for business”.
Suzanne Scott, the chief executive of Fox News, was responding in early December 2020 to an on-air fact-check by Eric Shawn, one of the network’s anchors. “This has to stop now,” she wrote to Meade Cooper, another Fox executive. “This is bad business and there is clearly a lack of understanding [sic] what is happening in these shows. The audience is furious and we are…
WestJet pilots to launch strike authorization vote as negotiations fizzle – Business News
Pilots to launch strike vote
The Canadian Press – March 31, 2023 / 10:56 am | Stories: 418925
Photo: The Canadian Press
A passenger walks past WestJet and Air Canada planes at Calgary International Airport in Calgary, Alta., Wednesday, Aug. 31, 2022. The union representing WestJet pilots says it will launch a strike authorization vote Monday as contract talks with management drag on. THE CANADIAN PRESS/Jeff McIntosh
The union representing WestJet pilots says it will launch a strike authorization vote Monday as contract talks with management drag on.
Bernard Lewall, who heads the Air Line Pilots Association’s WestJet contingent, says…
