Tag: business news india

Business News

Conagra expands frozen, grocery offerings

1 min read

CHICAGO — Conagra Brands, Inc. has launched more than 50 new products across its frozen, grocery and snack brands portfolio this summer.

Item launches include protein-dense MEGA Crustless Pizzas from Banquet, shrimp-focused Healthy Choice Power Bowls, Marie Callender’s casserole sides and Gardein plant-based protein bowls. Frozen vegetable brand Birds Eye also added several product lines, such as fire roasted vegetable offerings, microwavable vegetable dips and restaurant-inspired vegetable and sauce fusions.

“Innovating to meet the needs of consumers is a top priority for our team,” said Burke Raine, president of the Frozen & Refrigerated business unit at Conagra Brands. “Our newest

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Business News

Can You Prevent Telehealth Fraud?

3 min read

Telemedicine has continued to thrive in a post-pandemic world, but with the expansion of services comes the expansion of fraud.

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The Office of Inspector General (“OIG”) has warned healthcare entities to use ‘heightened scrutiny’ when entering telemedicine arrangements that have suspect characteristics of a fraud scheme.

The OIG has stated that a common characteristic of fraudulent schemes is the use of kickbacks to recruit and award healthcare practitioners.

The OIG …

Business News

So you gave personal info to a company caught in a data breach. Now what?

5 min read

Hacks, ransomware attacks and data breaches seem to be in the news more and more often — and many people are getting alerts that their information has been compromised in the process.

Just this week, Petro-Points members learned an unauthorized party had obtained their basic contact information, such as mailing and email addresses, phone numbers and dates of birth. Petro-Canada sent an email to its customers to watch out for unusual emails and messages as a result.

In February, a ransomware attack on Indigo compromised the data of current and former employees. And late last year, thousands of people in

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Business News

What is an Irrevocable Trust?

3 min read

A trust is an estate planning tool that allows a person to control their assets during their lifetime and make provisions for incapacity and death. Many trusts are revocable, however, irrevocable trusts can be an incredibly useful way to plan for your future.

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One thing you should know about irrevocable trusts is that, unlike revocable or living trusts, irrevocable trusts cannot be changed or amended. They are set in

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Business News

New Baby? Time to Update Your Estate Plan

2 min read

We often have clients ask us when the best time to do their estate plan is and the answer is usually, right now! This is especially true for people turning 18 years old, people who don’t have a plan, and people who have had recent life changes.

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One event that should trigger you to meet with an estate planning attorney is a new baby. When you are expanding your family,

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Business News

BoC debated waiting until July to hike rates

3 min read

OTTAWA –

The Bank of Canada’s governing council considered waiting until July to raise interest rates, but ultimately decided to act sooner in the face of hot economic data.

The central bank released Wednesday its summary of deliberations for its June interest rate announcement, shedding light into the decision to raise its key interest rate by a quarter of a percentage point to 4.75 per cent.

That’s the highest it’s been since 2001.

The rate hike came after the central bank declared a pause earlier in the year, appearing cautiously optimistic that interest rates were high enough to quash inflation.

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Business News

What’s spending slowdown? Retail sales suggest Canadians aren’t ready to quit shopping

3 min read

Up to date retail sales numbers from Statistics Canada on Wednesday show that despite high prices and dire warnings about debt loads, Canadians remain in the mood to shop.

The data agency reported Wednesday that retailers took in $65.9 billion in April. That’s an increase of 1.1 per cent from March’s level.

Just about every type of store booked higher sales during the month, with the exception of furniture, electronics and appliances retailers, where sales shrank by 1.6 per cent from March’s level.

So-called core retail sales, which strip out volatile items like gas, cars and car parts, actually increased

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Business News

Father’s Day Provides Sales Boost for Menswear Retailers

9 min read

Last year was unquestionably the year of the wedding and menswear retailers reaped the benefits with soaring sales of suits and furnishings.

Although the wedding frenzy has weakened a bit, merchants are still experiencing a heightened demand for dressier apparel and accessories, whether it’s for weddings, proms or returning to the office. But in addition to traditional nested suits in black or navy, unstructured sport coats that can be paired with chinos and lightweight knit shirts have risen in popularity.

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That trend was evident during the run up to Father’s Day, when most stores posted solid sales

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