Business Highlights: Rising Powell criticism, Kellogg split

___ Fed’s Powell facing rising criticism for inflation missteps WASHINGTON (AP) – Federal Reserve Chair Jerome Powell won praise for his deft leadership during the maelstrom of the pandemic recession. As threats to the US economy have mounted, though, Powell has increasingly struck Fed watchers as much less sure-footed. Inflation has proved higher and far … Read more

Summer 2022: the best is yet to come

The start of the season rhymed with unstable and changing. A glimmer of hope, however, appears after the solstice. During the second half of the summer, we could move to a positive scenario marked by more favorable conditions. ALSO READ: Exclusive overview: three words will mark the summer in Quebec Shunned by the heat dome … Read more

UK Rail Strike Strands Commuters, Pits Workers Against Govt | Business News

By JILL LAWLESS, Associated Press LONDON (AP) – Tens of thousands of railway workers walked off the job in Britain on Tuesday, bringing the train network to a crawl in the country’s biggest transit strike for three decades. About 40,000 cleaners, signalers, maintenance workers and station staff were holding a 24-hour strike, with two more … Read more

The vase overflows in June

Since the beginning of June, it has rained several times in Quebec, especially in large quantities during recent storms. As a result, several regions are currently exceeding their monthly average rainfall. A well-watered June The west, center, and a portion of southern Quebec have already exceeded their average rainfall for June. On the southwest side, … Read more

Disappointing June, even worse July

In short: July mimics a disappointing June once in a while; Even July can be disappointing on its own; July can also redeem the summer. When June disappoints In 2022, June is somewhat disappointing, at least as far as our perception in general is concerned. The heat and good weather made some timid manifestations, never … Read more

WeatherMedia – IN PICTURES – Big hail, floods: thunderstorms sow havoc

Before hitting Quebec, thunderstorms broke out in Ontario. Uprooted trees, major property damage and power outages were reported on Thursday afternoon. Some of the damage on Highway 12 near Duffs rd. #onstorm #onwx @NTP_Reports pic.twitter.com/2XzzfxFOfj Some of the damage on Highway 12 near Duffs rd. Alex Todd 🌪 on Twitter: “Some of the damage on … Read more

Congress Examines Fraud in Pandemic Aid for Small Businesses | Business News

By JENNIFER McDERMOTT and GEOFF MULVIHILL, Associated Press A congressional panel Tuesday will examine payouts under a federal coronavirus pandemic aid program intended to help small businesses weather the COVID-19 outbreak amid revelations that as much as 20% of the money may have been awarded to fraudsters. The problems in the COVID-19 Economic Injury Disaster … Read more

Germany Moves Ahead With Plan to Legalize Cannabis Sales | Business News

BERLIN (AP) – The German government is setting in motion plans to legalize the sale of cannabis for recreational purposes, aiming to have legislation ready later this year. The Health Ministry said Monday that it will start holding expert hearings on various aspects of the issue Tuesday. It said that more than 200 representatives from … Read more

US: Pfizer COVID-19 Appears Effective for Kids Under 5 | Business News

By MATTHEW PERRONE and MIKE STOBBE, AP Medical Writers WASHINGTON (AP) – Federal health officials said Sunday that kid-sized doses of Pfizer’s COVID-19 vaccines appear to be safe and effective for kids under 5, a key step toward a long-awaited decision to begin vaccinating the youngest American children. The Food and Drug Administration posted its … Read more

Quebec will know something it hasn’t seen in a long time

Sunday, June 12, 2022 at 1:28 PM – A summer-worthy heat will be ours in the next few days, but it won’t last long. The first days of June took place in a rather tenacious coolness. The heat was indeed trapped in the north of the country. Temperatures have been close to 30 ° C … Read more