Category: Business News

Mondelez reveals CoLab snack brand participants

CHICAGO — SnackFutures, the innovation and venture team at Mondelez International, Inc., has unveiled the nine rising snack brands participating in its third annual CoLab.

First launched in 2021, CoLab is a startup program that helps Mondelez build a portfolio of “disruptive brands and venture pipelines.” Participants will receive a 12-week curriculum of virtual and hands-on sessions as well as networking opportunities and a $20,000 grant.

For its third class, CoLab is focusing on unique brands that can enhance Mondelez’s core businesses and potentially allow the company to explore new food categories. The 2023 CoLab class participants are:

CoCoTerra: A

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Whitmer meets with government, business leaders on a Europe trip

LANSING, Mich. (AP) — Michigan Gov. Gretchen Whitmer conducted her second international trade mission of the year this week, spending…

LANSING, Mich. (AP) — Michigan Gov. Gretchen Whitmer conducted her second international trade mission of the year this week, spending two days in Austria and Latvia meeting with both business and government leaders.

Whitmer, who spoke with The Associated Press upon returning to Michigan on Friday, said international trips are “an important part of the job,” as the state looks to grow relationships and “secure additional economic opportunities for our state.”

In Latvia, the second-term Democratic governor and close ally

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Inflation hit 4.9% in April, the lowest it’s been in two years

Consumer prices rose 4.9% in April — the first time annual inflation has landed below 5% in two years.

On a monthly basis, the inflation rate rose 0.4%, which was higher than the 0.1% in March.

The latest report from the Bureau of Labor Statistics showed other favorable trends: Food prices rose just 7.7% over the 12-month period — the eighth-straight month of slower price growth. And on a monthly basis, food prices have actually declined.

Stock futures jumped following the report.

Still, the “core” inflation reading for April, which excludes volatile food and energy prices, increased 5.5% on the

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What is a Medical Power of Attorney?

One document that we recommend for almost all of our estate planning clients is a Medical Durable Power of Attorney. This document allows you to select the person who will make medical decisions on your behalf, if you are incapacitated or unable to make them yourself.

We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog ).

A Medical Durable Power of Attorney is an essential document, as no one can predict their incapacity.

This legal document allows you to list

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6 ways to make more income from your investments

The downside from here is much smaller than the upside

Published May 09, 2023 • Last updated 1 day ago • 5 minute read

A monitor with stock market information on the floor of the New York Stock Exchange.
A monitor with stock market information on the floor of the New York Stock Exchange. Photo by Michael Nagle/Bloomberg files

There are some unique opportunities in every investment market, and we’re not talking about artificial intelligence and lithium mining here, but the joys of some sources of high income.

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Disney posts higher second-quarter earnings and revenue thanks to strong theme parks business

For the three months ended April 1, Disney earned $1.27 billion or 69 cents per share. That compares with $470 million, or 26 cents per share, a year ago.

After adjusting for one-time items, Disney earns 93 cents per share, matching analysts’ expectations according to a poll by FactSet.

Revenue rose 13% to $21.82 billion. This also met Wall Street’s forecast of $21.8 billion.

Sales at its parks, experiences and products segment rose 17% in the quarter. Revenue for the segment that includes Disney’s movie business increased 3%.

In Disney’s fiscal first quarter, sales at its parks, experiences and products

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Best of Lab Grown Diamond

Lab-grown diamonds are becoming increasingly popular as an alternative to mined diamonds. They are chemically and physically identical to mined diamonds, but they are often much more affordable. If you are considering buying a lab grown diamond, there are a few things you should keep in mind.

  • Understand the different types of lab-grown diamonds

There are two main types of lab-grown diamonds: high-pressure, high-temperature (HPHT) diamonds and chemical vapor deposition (CVD) diamonds. HPHT diamonds are created by subjecting carbon to extreme heat and pressure, similar to the conditions that form diamonds in nature. CVD diamonds are created by depositing …

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Want a digital Canadian dollar? The Bank of Canada wants to know

The Bank of Canada said it still thinks a digital version of the dollar is unnecessary, but it wants to know what Canadians think about the possibility anyway.

Canada’s central bank stepped up its years-long investigation of cryptocurrency on May 8, initiating a public consultation on the subject of a central bank digital currency. Policymakers said they will take submissions until June 19.

“As Canada’s central bank, we want to make sure everyone can always take part in our country’s economy,” senior deputy governor Carolyn Rogers said in a press release on May 8.

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