Moosehead's crate of 1,461 beers — one-a-day for Trump's term — sells out within days
Karen Grigg, director of marketing for Moosehead Breweries, says the Presidential Pack was marketed as enough beer to make it through the Trump presidency, but she's hearing that most buyers are planning epic Canada Day celebrations. There's now a waiting list for the pack.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Winnipeg Free Press
an hour ago
- Winnipeg Free Press
Asian shares gain as investors keep an eye on China-US trade talks
Asian shares were mostly higher on Tuesday as investors kept an eye on China-U.S. trade talks that might help stave off a recession. A second day of talks was planned after U.S. and Chinese officials met in London for negotiations over various issues. The hope is that they can eventually reach a deal to reduce painfully high tariffs against each other. Most of the tariff hikes imposed since U.S. President Donald Trump escalated his trade war are paused to allow trade in everything from tiny tech gadgets to enormous machinery to continue. In Asian trading, Tokyo's Nikkei 225 gained 1% to 38,473.97, while the Kospi in South Korea jumped 0.9% to 2,881.40. Hong Kong's Hang Seng edged 0.2% higher, to 24,242.03 and the Shanghai Composite index was up 0.1% at 3,403.51. In Taiwan, the Taiex surged 2%. Australia's S&P/ASX 200 advanced 0.7% to 8,578.50. On Monday, the S&P 500 edged up just 0.1% and at 6,005.88 is within 2.3% of its record set in February. The Dow Jones Industrial Average slipped by 1 point, which is well below 0.1%, to 42,761.76. The Nasdaq composite added 0.3% to 19,591.24. Hopes that President Donald Trump will lower his tariffs after reaching trade deals with countries around the world have helped the S&P 500 has rally back after it dropped roughly 20% from its record two months ago. It's back above where it was when Trump shocked financial markets in April with his wide-ranging tariff announcement on what he called 'Liberation Day.' Some of the market's biggest moves came from the announcement of big buyout deals. Qualcomm rallied 4.1% after saying it agreed to buy Alphawave Semi in a deal valued at $2.4 billion. IonQ, meanwhile, rose 2.7% after the quantum computing and networking company said it agreed to purchase Oxford Ionics for nearly $1.08 billion. On the losing side of Wall Street was Warner Bros. Discovery, which flipped from a big early gain to a loss of 3% after saying it would split into two companies. One will get Warner Bros. Television, HBO Max and other studio brands, while the other will hold onto CNN, TNT Sports and other entertainment, sports and news television brands around the world, along with some digital products. Tesla recovered some of its sharp, recent drop. The electric vehicle company tumbled last week as Elon Musk's relationship with Trump broke apart, and it rose 4.6% Monday after flipping between gains and losses earlier in the day. The frayed relationship could end up damaging Musk's other companies that get contracts from the U.S. government, such as SpaceX. Rocket Lab, a space company that could pick up business at SpaceX's expense, rose 2.5%. In the bond market, the yield on the 10-year Treasury eased to 4.48% from 4.51% late Friday. It fell after a survey by the Federal Reserve Bank of New York found that consumers' expectations for coming inflation eased a bit in May. Economists expect a report coming on Wednesday to show inflation across the country accelerated last month to 2.5% from 2.3%. Monday Mornings The latest local business news and a lookahead to the coming week. The Fed has been keeping its main interest rate steady as it waits to see how much Trump's tariffs will raise inflation and how much they will hurt the economy. A persistent increase in expectations for inflation among U.S. households could drive behavior that creates a vicious cycle that only worsens inflation. In other dealings early Tuesday, U.S. benchmark crude oil picked up 31 cents to $65.60 per barrel. Brent crude, the international standard, also gained 31 cents, to $67.35. The dollar rose to 144.93 Japanese yen from 144.61 yen. The euro slipped to $1.1399 from $1.1421. ___ AP Business Writer Stan Choe contributed.
CBC
3 hours ago
- CBC
Pentagon deploys U.S. Marines to Los Angeles as California sues Trump administration
The Pentagon has formally deployed about 700 Marines to Los Angeles to help National Guard members respond to immigration protests, U.S. Northern Command announced Monday. This came as California officials filed a lawsuit Monday against U.S. President Donald Trump in response to the administration's extraordinary deployment of the U.S. National Guard to confront people who took to the streets in Los Angeles to protest Trump's immigration crackdown in the region. Attorney General Rob Bonta said the deployment "trampled" the state's sovereignty. He planned to seek a court order declaring that Trump's use of the Guard was unlawful and ask for a restraining order to halt the deployment. "Commandeering a state's National Guard without consulting the governor of that state is illegal and immoral," California's Democrat Gov. Gavin Newsom told MSNBC on Sunday. Newsom accused Trump of trying to manufacture a crisis and violating California's state sovereignty and the U.S. Constitution. Several times on X Sunday, he urged protesters to remain peaceful and told them not to "take the bait." He later warned what he called "bad actors" fuelling the flames that they would be held accountable by the state. The streets of the sprawling city of four million people were quiet Monday morning, but the smell of smoke hung in the air downtown, one day after crowds blocked a major freeway and set self-driving cars on fire as police responded with tear gas, rubber bullets and flash-bang grenades. The law enforcement presence was heavy, with police cars blocking the street in front of the federal detention facility that was a focus of the protests. While much of the city was spared from any violence during the demonstrations against Trump's immigration crackdown in the region, clashes swept through several downtown blocks and a handful of other places. Arrival of troops spurred anger and fear It could take days to clear debris from burned cars and to clean off or paint over graffiti sprayed on city hall and other buildings near the detention facility. Sunday was the third and most intense day of demonstrations, as the arrival of around 300 National Guard troops spurred anger and fear among many residents. Los Angeles Mayor Karen Bass blamed the Trump administration for inciting tension by sending in the National Guard, but also condemned protesters who became violent. "I don't want people to fall into the chaos that I believe is being created by the administration completely unnecessarily," Bass told a news conference on Sunday. Later that night, many protesters dispersed as evening fell and police declared an unlawful assembly, a precursor to officers moving in and arresting those who refuse to leave. Some of those who stayed threw objects at police from behind a makeshift barrier. Others hurled chunks of concrete, rocks, electric scooters and fireworks at California Highway Patrol officers and their vehicles parked on the closed southbound 101 Freeway. Officers ran under an overpass to take cover at one point. U.S. officials said about 1,000 National Guard members were in the city under federal orders by midday Monday. The full 2,000 members authorized by the president were expected to be on the ground by the end of the day. The officials spoke on condition of anonymity to discuss the details of military operations. Trump accuses California officials of lying Trump said Monday that the city would have been "completely obliterated" if he had not deployed the National Guard. Writing on his social media platform, Truth Social, the president accused Newsom and Bass of lying by saying Guard troops were not necessary. The National Guard was deployed specifically to protect federal buildings, including the downtown detention centre where protesters concentrated. However, Police Chief Jim McDonnell told a media briefing on Sunday night that the protests were getting out of control and that officers were "overwhelmed" by the remaining protesters. He said they included regular agitators who show up at demonstrations to cause trouble. Asked if the National Guard was needed, McDonnell said police would not "go to that right away," but added, "Looking at the violence tonight, I think we've got to make a reassessment."
Canada Standard
3 hours ago
- Canada Standard
Australia stands firm on biosecurity in trade talks with US
SYDNEY, Australia: Australia will not ease its strict biosecurity rules during trade talks with the United States, Prime Minister Anthony Albanese said.. He spoke ahead of a possible meeting with U.S. President Donald Trump at the G7 summit later this month. Since 2003, Australia has limited the entry of U.S. beef due to concerns about mad cow disease. However, Australia still exports about A$4 billion (US$2.6 billion) worth of beef each year to the U.S., its biggest market. "We will not change or compromise on biosecurity—period. It's simply not worth the risk," Albanese told ABC Radio. In April, Trump criticized Australian beef while announcing a 10 percent base tariff on all imports. While years of dry weather have reduced the number of cattle in the U.S. to the lowest since the 1950s, Australia has an abundant supply thanks to wet weather. This gives Australia an edge with lower prices, and leaner beef cuts that the U.S. lacks. A report in the Sydney Morning Herald on June 6 said that Australian officials were reviewing a U.S. request to allow beef from cattle raised in Mexico and Canada but processed in the U.S. Albanese firmly denied this, saying those products still pose risks to Australia's cattle industry. Australia is one of the few countries with which the U.S. usually has a trade surplus—a point Australian officials often raise when arguing against Trump's tariffs. In January, Australia posted a rare trade surplus with the U.S., driven by high gold exports amid global uncertainty. Albanese said he looked forward to meeting Trump in person, though no date was confirmed. "We've had three talks that were constructive, polite, and respectful. That's how I engage with people," he said. He added that Australia isn't the only one being treated unfairly and that U.S. trade policies affect many other countries.
