Category: Business News

‘Is it actual weed?’ First weekend of recreational pot sales open in Missouri to joy and exuberance.

st. LOUIS — Steve Campbell was ready with a joke.

Campbell was the first person at the Good Day Farm marijuana dispensary in the Central West End on the first day recreational-use marijuana was sold in Missouri.

He walked through the door to applause from the staff. But Campbell, 67, had a confused look on his face. “This isn’t St. Louis Bread Co.?” he asked.

“I did not believe this day would ever come,” Campbell said later. “I went back a long way, when it was very illegal and very scary, and people went to jail for a couple of

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Tim Hortons app users get free beverage and baked good in settlement

Class action alleged the coffee chain’s mobile app breached users’ privacy

Published Feb 01, 2023 • Last updated 2 days ago • 3 minute read

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Under the settlement, eligible Tim Hortons' mobile app users have been given two credits to be used to redeem one free hot beverage and one free baked good from participating locations.
Under the settlement, eligible Tim Hortons’ mobile app users have been given two credits to be used to redeem one free hot beverage and one free baked good from participating locations. Photo by Brent Lewin/Bloomberg

Tim Hortons’ mobile application users can now get a free hot beverage and a baked good after the Superior Court of Quebec approved a settlement agreement in a class-action

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Nestle Canada to wind down Delissio pizza, frozen meals business

TORONTO — Nestle Canada’s decision to pull its pizza and frozen meals from Canada over the next six months could leave a gap in supermarket freezers, a food expert says.

The four brands that will no longer be sold in the freezer aisle at Canadian grocery stores are Delissio, Stouffer’s, Lean Cuisine and Life Cuisine.

Nestle said it would work with its retail partners to facilitate the exit of these products from stores.

Still, the move could leave grocers scrambling to replace the popular frozen products, said Sylvain Charlebois, a food policy professor at

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FedEx Freight announces additional furloughs

FedEx Freight will furlough additional workers, the company confirmed Friday, a continuation of several months of cost-cutting measures by the logistics giant.

“In response to business conditions continuing to impact volumes, FedEx Freight is enacting another temporary furlough in some US markets to align our workforce with operational requirements,” the company said.

Some employees will be offered the opportunity to transfer to other markets and the furloughed employees will maintain health benefits and be provided other financial incentives, the company said. While the company did not say how many will be furloughed, it said the furlough period was “just under

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US rates to keep rising as the Federal Reserve says a Canadian-style pause could be risky

The world’s most powerful central banker, Jerome Powell, has decided against following Canada’s lead and will not commit to taking a break in raising interest rates.

While specifically noting the Bank of Canada’s rate hike pause a week ago, US Federal Reserve chair Powell refused to echo Canadian central bank governor Tiff Macklem’s optimism that he had inflation on the run.

“I think it would be premature, it would be very premature, to declare victory,” said Powell, at the Fed’s monetary policy news conference on Wednesday.

In many ways, Powell’s outlook on the economy was similar to Macklem’s. In some

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5 Things to Discuss with Your Spouse Before Estate Planning

If you are married and considering doing your estate plan, there are some discussions you should have with your spouse.

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If you and your spouse are considering doing your estate plan, we recommend that you discuss the following items:

  1. How do you want your money and assets handled if one of you dies? Do you want any restrictions? Are you worried about your spouse remarrying and being influenced by the
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Fed lifts rate by quarter-point and signals more hikes ahead

The Federal Reserve extended its fight against high inflation Wednesday by raising its key interest rate by a quarter-point, its eighth hike since March. And the Fed signaled that even though inflation is easing, it remains high enough to require further rate hikes.

Though smaller than its previous hike — and even larger rate increases before that — the Fed’s latest move will likely further raise the costs of many consumer and business loans and the risk of a recession.

In a statement, Fed officials repeated the language they have used since March that says, “ongoing increases in the (interest

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Bullish outlook for base metals – Business News

There’s no way enough mines can be built on time to meet net zero energy transition targets on the timelines policy makers have promised, but industrial metal miners – especially lithium and nickel miners – could get a very rich try.

That was one of the takeaways from a commodities outlook Tuesday for industrial and battery metals at the Association of Mineral Exploration (AME) Roundup conference in Vancouver.

There are numerous macroeconomic factors that could affect commodity prices in 2023,

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