Author: IA PressRoom

The more something costs, the less of it people buy. That holds true for most consumer goods — and is the reason why inflation is such a bugbear for the likes of Nestlé and Danone. But parents will skimp on most things before they trade down on baby food. That makes infant nutrition a good place to be when price hikes bite. Making money out of baby food is not child’s play, of course. Falling birth rates make for skimpy volume growth — as Reckitt Benckiser found to its cost. The UK group took a £5bn writedown on its Mead Johnson…

CNN  —  Here’s a look at the life of George W. Bush, the 43rd president of the United States. Birth date: July 6, 1946 Birth place: New Haven, Connecticut Birth name: George Walker Bush Father: George Herbert Walker Bush, 41st President of the United States Mother: Barbara (Pierce) Bush Marriage: Laura (Welch) Bush (November 5, 1977-present) Children: Barbara and Jenna (November 25, 1981) Education: Yale University, B.A., 1968; Harvard Business School, M.B.A., 1975 Military: Texas Air National Guard, F-102 fighter pilot, 1968-1970 Religion: Methodist After John Quincy Adams, George W. Bush is the second president to be the son of…

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Chris Christie, once a Donald Trump ally, called the facts of the federal indictment “devastating.” The former New Jersey governor and former US attorney spoke to CNN’s Jake Tapper on Friday. Christie is one of two 2024 GOP rivals not to defend Trump following these new allegations. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Chris Christie made a compelling case for why people should pay attention to the recent federal indictment of former President Donald Trump.On Friday evening, Christie was one of two…

© Reuters. FILE PHOTO: Swiss National Bank Chairman Thomas Jordan attends the shareholders meeting of SNB in Bern, Switzerland, April 28, 2023. REUTERS/Denis Balibouse ZURICH (Reuters) – The Swiss National Bank could raise interest rates to tackle inflation which remains above target, Chairman Thomas Jordan said in an interview published on Saturday, Jordan defended the central bank’s commitment to price stability, which he defined as inflation below 2% but in positive territory, in the article in Swiss newspaper Corriere del Ticino. “Most central banks have an inflation target of about 2%, the SNB is slightly more conservative,” Jordan said. “The…

President Biden named a new Border Patrol chief on Friday as U.S. immigration policies have come under renewed scrutiny following the end of Title 42, a pandemic-era restriction that allowed the authorities to expel most migrants for more than three years.Jason Owens, who has served in the Border Patrol for more than 20 years, was most recently the leader of the Del Rio division in Texas, which handles one of the busiest areas for illegal crossings. He succeeds Raul Ortiz, who is set to retire at the end of the month after serving 32 years in the Border Patrol.Mr. Owens takes…

A female manager who was paid less than a male worker she supervised. Female managers fired for complaining about not being paid the same as their male counterparts for performing the same duties. Female professors who weren’t paid as much as male professors. African-American women discriminated against in pay and promotions. Those are among the cases the federal government is highlighting as part of its campaign to shine a light on the persistent pay disparities between men and women, 60 years after former President John F. Kennedy signed the Equal Pay Act into law on June 10, 1963. The Equal…

Markus Maly said he merely “occupied space” on Jan. 6 and denied attacking and pepper-spraying cops. A prosecutor described Maly as a “lifelong criminal” with 33 prior convictions. He was convicted of all 8 charges against him, including impeding police using a dangerous weapon. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app A Virginia man who told his wife — and a federal jury — that he had “fun” at the Capitol riot was sentenced on Friday to six years in prison for attacking…

House Republicans should be cooking with gas right now.A debt ceiling crisis behind them, Republicans turned their attention to shielding the public from a federal intrusion into the kitchen. GOPers howled for months about potential regulation, if not prohibition, of gas stoves due to environmental concerns from the left. So Republicans drafted two bills to protect gas stoves.If only some Republicans would let House Republicans even debate Republican bills about gas stoves.Here’s what happened:A conservative faction of House GOPers feel betrayed by House Speaker Kevin McCarthy, R-Calif. They don’t like the debt ceiling pact McCarthy forged with President Biden to…

andresr/E+ via Getty Images Chase Corp. (NYSE:CCF) +5.7% post-market Friday after The Wall Street Journal reported the specialty chemicals maker is working with financial advisors on a potential sale. Chase (CCF) reportedly has received multiple bids from private equity firms including Pritzker Private Capital, a family-owned investment firm connected to the family of Illinois Gov. J.B. Pritzker and others, as well as other industrial companies. Chase’s (CCF) market capitalization totaled ~$1.17B as of Friday’s close; the company’s revenues totaled $325.7M in FY 2022, which ended in August. More on Chase Corp.: