Business

Danny Fellingham, owner and operator of Tee Box Indoor Golf said, the move to Freshwater Road was an effort to better accommodate customers and go from a seasonal operation to a year-round business. - Cameron Kilfoy/The Telegram

'A more sociable thing': St. John's business Tee Box Indoor Golf moves locations, adds mini-golf and bar area

When Danny Fellingham opened Tee Box Indoor Golf four years ago on Stavanger Drive, he was surprised a business like this one didn't already exist. "When I lived in Edmonton, I used to play indoor golf, and when I moved I noticed there wasn’t any, ...

Updated 8 hours ago |7 min read

Union, processors recommend DFO increase N.L. capelin quota amid calls for temporarily halting the fishery

Updated 11 hours ago |5 min read

Waves full of capelin roll in at a beach at Cape Bonavista recently. Glen Whiffen/The Telegram

Despite tough season, N.L. tourism minister says province sees value in investing in Marble Mountain, focusing on year-round operation

Updated a day ago |7 min read

Skiers and snowboarders will have to wait a little longer for Marble Mountain to open for the winter season. Mother Nature has to provide a some more snow and favourable conditions for snowmaking. – SaltWire File Photo

N.L. gas prices up 3.5 cents overnight Thursday, April 18

Updated a day ago |1 min read

Prices at the Pumps: An up and down week at the pumps

Updated Apr. 17, 2024 |1 min read

MONEY LADY PODCAST: How to author a wealthier life

Updated 23 hours ago |1 min read

The seven tree trunk pillars at the centre of the building's foyer represent the seven districts of Mi'kma'ki (traditional Mi'kmaw territory) and the seven sacred teachings of the Mi'kmaq. Mitchell Ferguson/Cape Breton Post

Cultural care: New long-term care facility opens in Eskasoni

Mitchell Ferguson · Local Journalism Initiative Reporter |Updated a day ago |8 min read

ESKASONI, N.S. — Shara Poulette shared her anticipation of working in her home community of Eskasoni. A continuing-care assistant who previously worked at Harbourstone Enhanced Care in Sydney, Poulette says the impact Kiknu — a new long-term care ...

Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland on Parliament Hill in Ottawa on March 28, 2023.

SYLVAIN CHARLEBOIS: The Trudeau paradox of more spending and more hunger

Sylvain Charlebois · Contributed · Postmedia News |Updated 21 hours ago |4 min read

There are numerous metrics to gauge a nation’s wealth, and one revealing measure is how much its citizens spend on food relative to their disposable income. The Trudeau government has expressed a commitment to aid the impoverished and disadvantaged.

Bank of Mexico deputy governor sees rates on hold for longer than expected

Marcela Ayres |Updated 6 minutes ago |3 min read

By Marcela Ayres WASHINGTON (Reuters) - Bank of Mexico Deputy Governor Jonathan Heath said on Friday the benchmark interest rate is likely to remain unchanged for longer than expected by markets, noting it would likely stay put at 11% at the May ...

Cove Soda founders Ryan and John MacLellan outside the Bayers Lake Costco on Tuesday, April 16, 2024. Cove Soda will now be available in Costcos across the United States.
Ryan Taplin - The Chronicle Herald

THE WRAP: $100 million in soda, streamlined shellfish, and only the poor change eating habits

Brian Mumford · Digital editor |Updated 7 hours ago |6 min read

Cove spilling into U.S. big box market “It wasn’t very long ago our goal was $10 million (in revenue),” John MacLellan, co-founder of Cove drinks, said during an interview on Tuesday. Now they're looking at a $100 million revenue forecast following a ...

Flags fly over the Federal Reserve building on a windy day in Washington, U.S., May 26, 2017.

Fed report cites inflation, US election as key financial stability risks

Howard Schneider, Pete Schroeder |Updated 36 minutes ago |3 min read

By Howard Schneider and Pete Schroeder WASHINGTON (Reuters) - Persistent inflation and higher-for-longer interest rates were cited as key risks to financial stability in the Federal Reserve's latest survey of U.S. central bank contacts, with ...

Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009.

Fed says 1,804 banks and other institutions tapped emergency lending facility

Reuters |Updated 36 minutes ago |1 min read

(Reuters) - Some 1,804 depository institutions tapped the emergency lending facility set up last March in the wake of Silicon Valley Bank's collapse, amounting to about 20% of all eligible firms, the Federal Reserve said on Friday. About 95% of ...

A Lululemon store in the CF Toronto Eaton Centre shopping mall in Toronto, Ontario, Canada December 13, 2021.

Lululemon to shutter Washington distribution center, lay off 128 employees

Reuters |Updated 44 minutes ago |1 min read

(Reuters) - Lululemon Athletica will close its distribution center in the state of Washington at the end of the year and lay off more than 100 employees, the apparel retailer told Reuters on Friday. The Vancouver-based firm will shutter the ...

A view of Cobre Panama mine of Canadian First Quantum Minerals, one of the world's largest open-pit copper mines, during a media tour, in Donoso, Panama, January 11, 2024.

Governments must broker local support for mines, industry group says

Ernest Scheyder |Updated 46 minutes ago |3 min read

(This April 17 story has been officially corrected after the industry trade group clarifies to say it believes industry has a role to play in the government's FPIC review process, in paragraph 9) By Ernest Scheyder SANTIAGO (Reuters) - The ...

IMF Managing Director Kristalina Georgieva speaks during a press briefing at the International Monetary and Financial Committee (IMFC) plenary session at the IMF and World Bank’s 2024 annual Spring Meetings in Washington, U.S., April 19, 2024.

Debt, fiscal challenges facing low-income countries worry IMF

Andrea Shalal, David Lawder |Updated 46 minutes ago |2 min read

By Andrea Shalal and David Lawder WASHINGTON (Reuters) - Shareholders of the International Monetary Fund agreed this week on the importance of addressing challenges faced by low-income countries, many of which are facing unsustainable debt ...

Miranda Parker, head distiller at Compass Distillers, with bottles of Hell Isle rum, something of a departure for the company and which is already selling well. - BILL SPURR / THE CHRONICLE HERALD

New Compass rum enters the market smoothly

Bill Spurr · Multimedia Journalist |Updated 1 hour ago |3 min read

Compass Distiller’s first batch of its new Hell Isle rum went out the door so quickly that head distiller Miranda Parker had to take a break from bottling the second batch to talk about it. “This product is launching directly through the NSLC, which ...