business news usa

Inflation: Which foods are the most expensive in Canada?

Inflation: Which foods are the most expensive in Canada?

Grocery prices continue to be one of the largest contributors to high inflation in Canada. The Consumer Price Index (CPI) report for June showed an inflation rate of 2.8 per cent year-over-year, following a 3.4 per cent increase in May 2023. While this decrease was positive, Statistics Canada said it was “fairly broad-based.” “Canadians continued […]

Inflation: Which foods are the most expensive in Canada? Read More »

How the Shein influencer trip marked a turning point in the brand-sponsored vacation trend

How the Shein influencer trip marked a turning point in the brand-sponsored vacation trend

Several influencers were lambasted this week for social media posts enthusiastically highlighting a trip sponsored by the Chinese fast fashion clothing retailer Shein, which has previously been accused of labor exploitation and environmentally damaging practices. A since-deleted video posted by Dani Carbonari, who in her Instagram bio refers to herself as a content creator, plus-sized

How the Shein influencer trip marked a turning point in the brand-sponsored vacation trend Read More »

Instant Brands, maker of Instant Pot and Pyrex cookware, files for bankruptcy

Instant Brands, maker of Instant Pot and Pyrex cookware, files for bankruptcy

The company that makes kitchen staples like CorningWare, Pyrex and the Instant Pot has entered bankruptcy proceedings in the US and Canada. Illinois-based Instant Brands said Monday that it has “initiated a voluntary court-supervised Chapter 11 process,” due to an unmanageable debt load. “Tightening of credit terms and higher interest rates impacted our liquidity levels

Instant Brands, maker of Instant Pot and Pyrex cookware, files for bankruptcy Read More »

Adidas is selling Yeezy shoes again after cutting ties with Kanye West

Adidas is selling Yeezy shoes again after cutting ties with Kanye West

Some of Adidas’ remaining Yeezy shoes are back on sale — months after the German sportswear company cut ties with Ye, the rapper formerly known as Kanye West. Adidas ended its years long partnership with Ye in late October, in light of his antisemitic remarks and other harmful behavior. In the months that followed, the

Adidas is selling Yeezy shoes again after cutting ties with Kanye West Read More »

The oil and gas sector is routinely targeted by cyberattackers, experts say – Business News

The oil and gas sector is routinely targeted by cyberattackers, experts say – Business News

Oil & gas cyberattacks The Canadian Press – Apr 10, 2023 / 4:00 pm | Story: 420603 Photo: The Canadian Press Pipes are seen at a natural gas plant outside of Fort St. John, BC, October 11, 2018. Cybersecurity experts say they aren’t surprised by the revelation contained within a package of leaked US intelligence

The oil and gas sector is routinely targeted by cyberattackers, experts say – Business News Read More »

Italy temporarily blocks ChatGPT over privacy concerns – Business News

Italy temporarily blocks ChatGPT over privacy concerns – Business News

Frances D’emilio And Matt O’brien, The Associated Press – March 31, 2023 / 11:41 am | Stories: 418937 Photo: The Canadian Press FILE – The OpenAI logo is seen on a mobile phone in front of a computer screen displaying output from ChatGPT, on March 21, 2023, in Boston. The Italian government’s privacy watchdog said

Italy temporarily blocks ChatGPT over privacy concerns – Business News Read More »

Protestors across Canada demonstrated against RBC’s fossil-fuel funding – Business News

Protestors across Canada demonstrated against RBC’s fossil-fuel funding – Business News

RBC target protestors The Canadian Press – Apr 1, 2023 / 8:46 am | Stories: 419084 Photo: The Canadian Press The Royal Bank of Canada logo is seen in Halifax on Tuesday, April 2, 2019. Protestors in major cities across Canada are demonstrating against the Royal Bank of Canada for funding fossil fuel projects. THE

Protestors across Canada demonstrated against RBC’s fossil-fuel funding – Business News Read More »

New food processing center to open in Kansas City

New food processing center to open in Kansas City

KANSAS CITY — West Liberty, Iowa-based West Liberty Foods and Dakota Dunes, SD-based Vertical Cold Storage will partner on a 327,000-square-foot food processing center and supporting cold storage facility, according to the Kansas City Area Development Council. The two companies expect to invest a combined $199.6 million in the project. The facilities will be directly

New food processing center to open in Kansas City Read More »

Scroll to Top