Category: Business News

Judge rules against Google, allows antitrust case to proceed – Business News

Posted on May 4, 2023
Photo: The Canadian Press FILE – Google’s logo is displayed on its headquarters in Mountain View, Calif., Jan. 3, 2013. A judge has rejected a request from Google to transfer a federal antitrust lawsuit against it from Virginia to New York. US District Judge Leonie Brinkema on Friday, April 28, 2023, rejected a motion from Google to toss out the government’s antirust case against it. (AP Photo/Marcio Jose Sanchez, File)A federal judge on Friday rejected a motion from Google to toss out the government’s antitrust case against it. US District Judge Leonie Brinkema ruled the lawsuit alleging Google wields…

Fed’s Powell was tricked by fake calls from Russian pranksters – Business News

Posted on May 3, 2023
Powell tricked by pranksters The Canadian Press – Apr 27, 2023 / 12:13 pm | Stories: 423680Photo: The Canadian Press Federal Reserve Chairman Jerome Powell arrives for the plenary of the International Monetary and Financial Committee (IMFC) meeting, during the World Bank/IMF Spring Meetings at the International Monetary Fund (IMF) headquarters in Washington, Friday, April 14, 2023. (AP Photo/Jose Luis Magana)Federal Reserve Chair Jerome Powell was tricked into an extended phone call in January with Russian pranksters posing as Ukrainian President Volodymyr Zelenskyy, during which Powell appeared to discuss the economic impact of interest rate hikes. Videos of…

Conservatives wouldn’t allow Teck takeover: Poilievre – Business News

Posted on May 2, 2023
Photo: Nelson Bennett Conservative Party Leader Pierre Poilievre said ‘actions like Glencore’s are unacceptable.’Pierre Poilievre and his Conservative Party are in no position to do anything about Glencore’s bid for Teck Resources (TSX:TECK.B,NYSE:TECK), but if the Conservatives were in power, they would use the Investment Act to prevent what Poilievre calls a hostile takeover. “A Poilievre government would bring home Canadian jobs by using the Investment Canada Act to stop this hostile foreign takeover, and take into account Glencore’s previous unethical behavior,” Poilievre said Thursday – a day after Teck canceled a vote on a plan to divide the…

Streaming bills may create a two-tier system, hurting Cdn. creators – Business News

Posted on May 1, 2023
Double standard streaming? The Canadian Press – Apr 28, 2023 / 8:53 am | Stories: 423868Photo: The Canadian PressAt least one Canadian media production association says the country’s new streaming legislation could create a two-tier system where foreign streamers are held to lower standards than Canadian broadcasters. The Canadian Media Producers Association says Bill C-11, which was passed Thursday, could result in foreign streamers being allowed to use fewer Canadian creators in the production of Canadian programming. The group representing thousands of companies in the TV, film and digital media business says the CRTC, which has been tasked…

Man allegedly shot in head at local Clark Co. bar, reports say

Posted on April 29, 2023
A man was reportedly shot in the head at a local business in Clark County overnight Saturday, according to the initial emergency call. TRENDING: Man who stuffed 10-month-old baby into backpack, left her in car, sentenced to life in prison The Clark County Sheriff’s Office and Springfield Police responded to 2288 South Yellow Springs Street, the location of Wayside Tavern, at around 1:39 am on reports of a shooting. The initial 911 call reportedly stated that the man was shot in the head, dispatchers told responding Springfield police over emergency scanners. The man was “still breathing;” however, it was “unknown…

Second Nature Brands hires Chris Caswell as CFO

Posted on April 29, 2023
DETROIT — Second Nature Brands, a better-for-you brand acquired by CapVest Partners LLP last April, has named Chris Caswell as its new chief financial officer. Before joining Second Nature Brands, Mr. Caswell was CFO at Welch Foods Inc. for four years. Previously, Mr. Caswell held positions at retail company Clarks Americas, academic intervention company Resiliency for Life and beverage company Keurig Green Mountain, Inc. “We are delighted to welcome Chris to Second Nature Brands,” said Victor Mehren, chief executive officer of Second Nature Brands. “He is a leader of the highest caliber with extensive financial and operational experience with a…

New food processing center to open in Kansas City

Posted on April 28, 2023
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 connected and create 583 jobs, with $39.7 million in payroll. “We are thrilled to have the opportunity to expand our signature protein offerings with our new premade grab-and-go sandwich program,” said Brandon Achen, chief executive officer of West Liberty Foods. “Based on its proximity to…

Snack manufacturer launches Cereal Pop with Fruity Pebbles

Posted on April 27, 2023
ORLANDO, FL. — SNAX-Sational Brands, a producer of flavored popcorn snacks, is partnering with Post Consumer Brands to launch Cereal Pop popcorn made with Fruity Pebbles. SNAX-Sational currently has two other lines of popcorn, Cookie Pop and Candy Pop, that each feature partnerships with notable companies in their respective sectors. The Fruity Pebbles partnership is the first product in SNAX-Sational’s new Cereal Pop brand. Like the Cookie Pop and Candy Pop brands, Cereal Pop is made using non-GMO corn and comes in at 150 calories per serving. Currently available at Sam’s Club in 20-oz “Club Size” bags, the all-new Cereal…