Canada Bread agrees to $50M fine for role in bread price-fixing scandal

Posted on June 24, 2023
Canada Bread has agreed to pay at least $50 million for its role in fixing the price of bread for years. The company made the revelation in an Ontario court on Wednesday, acknowledging that under a previous management regime, it colluded with its competitors in Canada’s bakery industry to work in unison to raise the wholesale prices they charge to grocery chains, pushing up prices for consumers in the process. The company — which makes dozens of brands of baked goods, including Dempster’s, Stonemill, Vachon and others — has been owned by Mexican food giant Grupo Bimbo since 2014, but…

The Business Plan Behind All Of Her Features

Posted on June 24, 2023
PARIS, FRANCE – MARCH 02: Nicki Minaj attends Balmain aftershow party as part of Paris Fashion Week … [+] Womenswear Fall/Winter 2017/2018 at Manko Paris on March 2, 2017 in Paris, France. (Photo by Victor Boyko/Getty Images) Getty Images Nicki Minaj has once again made her mark on the Hot 100 chart with her latest single, “Pound Town 2,” which rockets up the rankings this week. The star rapper teamed up with original artists Sexyy Red and Tay Keith on a remix of the cut, propelling the track to new heights and proving it to be a real smash. This…

Uh-oh. More good news that may be bad for your economic health

Posted on June 23, 2023
At first glance, the response of “sold over asking” real estate signs may seem like an encouraging signal for the Canadian economy, especially for highly invested homeowners who have watched prices fall from last year’s highs. But a growing number of economists worry that a recent series of indicators, the latest being Wednesday’s rise in Canadian retail sales, may instead be a red flag for central bankers, leading them to more rate hikes that could ultimately make many Canadians feel miserable. With each new smidgen of optimistic data, money market traders point to a rising chance that central bankers will…

Scientists Pitch Medical Innovations at 2023 Biomedical Business Plan Challenge | Newsrooms

Posted on June 22, 2023
Standing on the stage at Uris Auditorium on June 1, Dr. Joe Zhou, an associate professor in regenerative medicine in medicine at Weill Cornell Medicine, made the case for the necessity of developing new approaches to treating diabetes, a disease he called “a true epidemic of the modern world.” More than 400 million people globally live with diabetes. It leads to roughly 4 million deaths annually due to complications and racks up nearly a trillion in health care spending. Millions of diabetic patients rely on daily finger pricks to monitor blood glucose and insulin injections to control hyperglycemia. These are…

We’re seeing ‘violent’ incidents in our stores, and it’s costing us millions

Posted on June 22, 2023
Target (TGT) has become a target for major thefts, and it’s taking a huge chunk out of profits. The retailer estimated in its earnings release Wednesday that inventory shrinkage — mostly the theft of merchandise — would clip profits by a whopping $500 million this year. Factoring in an about $700 million profit hit from inventory shrinkage in 2022, the Target is on pace to see $1.2 billion in profits go up in smoke, due primarily to organized retail crime. Target Chairman and CEO Brian Cornell says the problem is getting worse, is nationwide, and across various merchandise departments. “The…

Missouri State, Iowa, Middle Tennessee and more

Posted on June 22, 2023
Buena Vista University Veronica Tapia-Banuelos of Rogers graduated with a Bachelor of Arts in business (marketing track) at the end of the spring 2023 semester at Buena Vista University in Storm Lake, Iowa. Tapia-Banuelos was among more than 300 students who received degrees. Founded in 1891, Buena Vista is a private university affiliated with the Presbyterian Church. __ Mississippi State Among the more than 2,300 students named to the Dean’s List for the spring semester at Mississippi State University were: Jackson Runnels of Fayetteville; and Anna Riggs of Fayetteville; Dean’s List students achieved a grade-point average between 3.5 and 3.79,…

New College of DuPage Gastronomy and Marketing in Hospitality Certificate Helps Businesses, Startups Gain Industry Foothold

Posted on June 22, 2023
Glen Ellyn, Illinois–(Newsfile Corp. – June 6, 2023) – College of DuPage’s Culinary and Hospitality program is helping existing and new businesses expand their industry reach thanks to a new 9-credit-hour certificate program launching this fall. COD’s Gastronomy and Marketing in Hospitality certificate is offered as a single course, allowing students to earn their credential in just one semester. Hospitality and Tourism Professor Mary Beth Leone began conceptualizing the certificate’s curriculum when students told her they wanted to learn more about the marketing side of the industry. “I started to see students during the pandemic doing their own thing,” she…

Adidas is selling Yeezy shoes again after cutting ties with Kanye West

Posted on June 21, 2023
Some of Adidas’ remaining Yeezy shoes are back on sale — months after the German sportswear company cut ties with Ye, the rapper formerly known as Kanye West. Adidas ended its years long partnership with Ye in late October, in light of his antisemitic remarks and other harmful behavior. In the months that followed, the fate of $1.3 billion worth of unsold Yeezys remained unknown — until earlier this month, when Adidas CEO Bjørn Gulden announced the company would be selling a portion of the remaining inventory and donating some of the proceeds to social justice organizations . The first…