Tag: business news this week

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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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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It’s not necessary for everyone. Here are the rules.

Not everyone is required to file taxes, but most Americans are and are likely to file taxes.

Of the 176.2 million individuals and married couples who could file a tax return in 2020, about 144.5 million of them filed a tax return, according to the nonpartisan Washington think tank Tax Policy Center. Whether you need to file your taxes depends mostly on your income, filing status, and age. In special situations, you may have to file a tax return regardless of your income, though. For example, if you have net earnings of at least $400 from self-employment, you’re required to

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Lubbock’s business news includes big plant plans, Joyland loss, more

Alana Edgin is a business reporter for the Avalanche-Journal, as seen Tuesday, June 14, 2022, at the Lubbock Avalanche-Journal.

Alana Edgin is a business reporter for the Avalanche-Journal, as seen Tuesday, June 14, 2022, at the Lubbock Avalanche-Journal.

Hello AJ readers!

One of the biggest stories this week was a sad one, as the potential saviors of Joyland Amusement Park backed out of the deal. The news broke on Tuesday, when the Dean family announced that the longtime park would not reopen for the 51st season.

“It is with a broken heart that we must announce that Joyland Amusement Park will not be reopening after all,” the post stated. “The local group of investors that originally agreed to purchase

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Trump Organization fined $1.6 million for tax fraud – Business News

Trump firm fined $1.6M

The Canadian Press – | Story: 406089

Donald Trump’s company was fined $1.6 million Friday as punishment for a scheme in which the former president’s top executives dodged personal income taxes on lavish job perks — a symbolic, hardly crippling blow for an enterprise boasting billions of dollars in assets.

A fine was the only penalty a judge could impose on the Trump Organization for its conviction last month for 17 tax crimes, including conspiracy and falsifying business records.

The amount

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‘We can expect mortgage rates to go down’ [Video]

Homebuyers may finally catch a break this year, says one expert, as signs of fading inflation could drive mortgage rates lower as soon as this month.

“Mortgage rates have declined by almost a full percentage point since they peaked in November,” Melissa Cohn, vice president for William Raveis, a real estate brokerage firm, told Yahoo Finance Live (video above). “I think that we can expect mortgage rates to go down another quarter or even as much as a half a percent over the course of the next month.”

The average interest rate on the 30-year fixed mortgage has fallen by

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Mercedes to build its own electric vehicle charging network – Business News

Mercedes-Benz says it will build its own worldwide electric vehicle charging network starting in North America in a bid to compete with EV sales leader Tesla.

The German luxury automaker said at the CES gadget show in Las Vegas Thursday that it will start building the North American network this year at

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Market Rally Reclaims Key Levels Ahead Of CPI Inflation Report; Medspace, First Solar Flash Buy Signals

Dow Jones futures were little changed early Wednesday, along with S&P 500 futures and Nasdaq futures.




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The stock market rally was indecisive for much of Tuesday, but the major indexes gained steam, with the S&P 500 moving its 50-day moving average. Investors await the December CPI inflation report on Thursday morning.

Medspace (MEDP) rose solidly Tuesday, flashing a new buy signal after a similar move fizzled at the end of 2022. First Solar (FSLR) rebounded from its 50-day line, also providing an early entry. But ELF Beauty (ELF) and Super Microcomputer (SMCI) tumbled after Monday’s reversals.

MEDP stock and

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