Campbell Soup Company buys Sovos Brands, maker of Rao's for $2.7 billion
Iconic canned soup company Campbell is expanding its reach in the Italian food market.
2023-08-08 05:17
Campbell to buy Rao's premium sauces maker Sovos for $2.33 billion
(Reuters) -U.S. packaged food maker Campbell Soup will buy Michael Angelo's and Rao's owner Sovos Brands for $2.33 billion in
2023-08-07 20:20
Oregon drivers are now allowed to pump their own fuel after the state lifted a ban dating back to 1951
All gas stations in Oregon can now allow customers to pump their own gas under a new law signed Friday, lifting a ban on self-service in the state dating back to 1951.
2023-08-06 12:55
Canada unexpectedly sheds jobs in July, central bank seen pausing hikes
By Ismail Shakil OTTAWA (Reuters) -The Canadian economy unexpectedly shed a net 6,400 jobs in July while the jobless rate
2023-08-04 21:55
US jobs market holds steady despite rate rises
Employers added 187,000 jobs in July and the unemployment rate was 3.5%.
2023-08-04 20:57
Soaring mortgage costs ‘affecting mental health of almost a third of people’
Almost a third of people in England and Wales said their mental health has been affected by soaring mortgage costs in the past year, according to new research. For people with existing mental health problems, nearly four in 10 said the rising costs had worsened their mental health. Mind, the UK’s biggest mental health charity, also said it had seen a 55% increase in the number of people contacting its Infoline over the last 18 months about financial difficulties, including welfare, unemployment and personal debt. The charity’s survey of 3,015 respondents across England and Wales in March and April came before Thursday’s news that the Bank of England had raised interest rates to 5.25% from 5%. The hike, which is yet another bid to get inflation under control, will put more pressure on mortgage holders. Mind’s survey – carried out by Censuswide – suggested that 29% of people had been affected by hearing about or experiencing increasing mortgage costs over the last year. Ten per cent said that it had affected their mental health a lot, the charity added. For people with existing mental health problems, some 36% said the increasing mortgage costs had made their mental health worse. Money problems and mental health often form a vicious cycle, and when we’re struggling to deal with one, the other can become much harder to manage, particularly when it threatens to impact our housing situation Vicki Nash, Mind The charity said younger people were particularly affected, with almost half (48%) of those aged between 16 and 24 saying that the mortgage situation had impacted on their mental health. Vicki Nash, Mind’s associate director of external affairs, said financial difficulties and mental health problems “often form a vicious cycle”. She said: “As we continue to grapple with the rising cost of living, news of yet another possible increase in mortgage rates will be difficult for many families to bear. “Money problems and mental health often form a vicious cycle, and when we’re struggling to deal with one, the other can become much harder to manage, particularly when it threatens to impact our housing situation. “We know some people are becoming so unwell that they need hospital treatment for their mental health. “When this happens the care they receive when they leave hospital is critical so we are calling for the introduction of comprehensive welfare checks, including of people’s financial situation. “These figures show this is a mental health emergency that everyone is going to need help to deal with. We know we can’t fix the cost-of-living crisis but support for your mental health is out there, and we are here for you. “This includes through Mind’s Infoline, online community, Side by Side and the useful information on our website that will be available throughout this difficult period.” Mind has a confidential information and support line which can be called on 0300 123 3393 between 9am and 6pm from Monday to Friday, or people can visit mind.org.uk. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live The devastating mental health impact of soaring mortgage costs Consuming foods with added sugars may increase risk of kidney stones – study Why TikTok is going wild for lip oil
2023-08-04 17:47
Monte Paschi Profit Beats Estimates on Rising Rates, Lower Costs
Banca Monte dei Paschi di Siena SpA reported better than-expected earnings as it joined European peers in benefiting
2023-08-04 14:16
MP Materials profit beats, starts some rare earths refining
(Reuters) -Rare earths miner MP Materials posted a better-than-expected quarterly profit on Thursday and said it has started refining small
2023-08-04 07:50
Woman sues drug makers of Ozempic and Mounjoro over severe gastrointestinal issues
In a lawsuit filed on Wednesday, a Louisiana woman is claiming she has suffered severe injuries due to her use of Ozempic and Mounjaro, which were prescribed by her doctor. T
2023-08-03 21:19
US weekly jobless claims rise moderately; layoffs drop to 11-month low
WASHINGTON The number of Americans filing new claims for unemployment benefits rose slightly last week, while layoffs dropped
2023-08-03 20:52
Hyundai invents a roomier glove compartment just for EVs
Electric vehicles can offer several benefits like quietness, smooth power delivery and lower operating costs. Now, Hyundai Motor Group is adding another amenity to that list: a bigger and better glove compartment.
2023-08-03 02:58
US private payrolls beat expectations in July, ADP says
WASHINGTON U.S. private payrolls increased more than expected in July, pointing to continued labor market resilience that could
2023-08-02 20:29