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☆ The UK has slapped so many sanctions on Russian oligarchs, authorities are struggling to keep up with their applications to pay at supermarkets, florists, and yoga studios
▼ + stars: | 2023-08-07 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

UK's sanctions enforcement authority is swamped with license applications from Russian individuals, per the Guardian. The sanctioned individuals need to get permission to access funds even for their daily needs. UK received 1,000 applications related to Russian sanctions since the Ukraine war started — up 100 times on-year. After all, sanctioned individuals appear to be willy-nilly applying for licenses for every spend. "I've always advised my clients that, frankly, you shouldn't be applying for the florist or the yoga teacher," a second unnamed lawyer representing several sanctioned individuals told The Guardian.

Persons: Europe —, willy, I've, it's Organizations: Guardian, Service, Russia, Waitrose, Treasury Locations: Ukraine, Wall, Silicon, Russia, Europe

☆ Italy striker Scamacca joins Atalanta from West Ham
▼ + stars: | 2023-08-07 | by ( ) www.reuters.com time to read: +1 min

Aug 7 (Reuters) - Italy striker Gianluca Scamacca has joined Serie A side Atalanta from West Ham United, the two clubs said on Monday. The 24-year-old signed for an undisclosed fee but British media said it was a total of 32 million euros ($35.18 million). The transfer comes after Manchester United signed Atalanta's Denmark striker Rasmus Hojlund on Saturday. West Ham last month sold England midfielder Declan Rice to Arsenal for a reported 105 million pounds. ($1 = 0.9096 euros)Reporting by Angelica Medina in Mexico City; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

Persons: Gianluca Scamacca, Atalanta, Gianluca, Scamacca, Rasmus Hojlund, Declan Rice, Angelica Medina, Ken Ferris Organizations: Serie A, Atalanta, West Ham United, Hammers, Premier League, Europa Conference, Manchester United, Atalanta's Denmark, . West, Arsenal, Thomson Locations: Italy, West, ., . West Ham, Mexico City

☆ England midfielder Walsh joins squad for training on eve of Nigeria game
▼ + stars: | 2023-08-06 | by ( ) www.reuters.com time to read: +1 min

BRISBANE, Aug 6 (Reuters) - England midfielder Keira Walsh trained on Sunday with the European champions on the eve of the Lionesses' last-16 game against Nigeria, her first time to participate in training since suffering a knee injury on July 28. Walsh left the pitch on a stretcher with what looked like a serious injury during England's 1-0 win over Denmark on July 28, and sat out their 6-1 rout of China to cap the group stage. The team announced a day later that Walsh had not suffered a torn anterior cruciate ligament, but it is still not known when she will be able to play. England won all three of their group games at the World Cup to finish atop Group D.Walsh is considered on the world's top midfielders, signing a three-year deal with Barcelona last September for a world-record fee of around 350,000 pounds ($401,170). Reporting by Lori Ewing; Editing by Tom HogueOur Standards: The Thomson Reuters Trust Principles.

Persons: Keira Walsh, Walsh, Lori Ewing, Tom Hogue Organizations: BRISBANE, Nigeria, England's, Denmark, England, Barcelona, Thomson Locations: England, China

The Russian-flagged ship, the Sig, was hit by a drone carrying 450 kilograms (992 pounds) of TNT shortly before midnight, according to a Ukraine Security Service source. Ukrainian officials, however, said some crew were injured and that the tanker was carrying fuel for the Russian military. The strike on the Sig came just hours after Ukrainian sea drones targeted a major naval base in Novorossiysk, a coastal city on the Black Sea that is home to Russia’s largest port by volume of cargo handled. Ukraine has stepped up its attacks using unmanned aerial vehicles in recent weeks, hitting targets well within Russian territory, including in Moscow. The new generation of powerful sea drones, however, could open up a new front for Kyiv in the 18-month conflict.

Persons: Vladimir Putin, Vasyl Maliuk, ” Maliuk Organizations: Ukraine CNN, TNT, Ukraine Security Service, Federal Agency for Marine, Transport, CNN, Sig, Kyiv, Russia’s Defense Ministry Ukrainian, Ukrainian Security Service, Service, Security Service Locations: Kyiv, Ukraine, Ukrainian, Novorossiysk, Russian, Moscow, Kerch, Russia, Crimea, Feodosia, ”, reticence

☆ Man Utd sign Danish striker Hojlund from Atalanta
▼ + stars: | 2023-08-05 | by ( ) www.reuters.com time to read: +2 min

Soccer Football - Pre Season Friendly - AFC Bournemouth v Atalanta - Vitality Stadium, Bournemouth, Britain - July 29, 2023. Atalanta's Rasmus Hojlund during the warm up before the match Action Images via Reuters/Matthew Childs/File PhotoAug 5 (Reuters) - Manchester United have signed Denmark striker Rasmus Hojlund from Serie A side Atalanta on a five-year contract until 2028, the Premier League club said on Saturday. "It is no secret that I have been a fan of this great club since I was a small boy, and I dreamed of walking out at Old Trafford as a Manchester United player," Hojlund said. Hojlund, who previously played for FC Copenhagen and Sturm Graz, joined Atalanta at the start of the 2022-23 season and scored nine league goals in a breakout campaign. "Working under Erik ten Hag and his coaches will provide Rasmus with the perfect development platform," Manchester United football director John Murtough said.

Persons: Atalanta's Rasmus Hojlund, Matthew Childs, Rasmus Hojlund, Hojlund, Wout Weghorst, Erik, Bruno Fernandes, Mason Mount, Erik ten Hag, Rasmus, John Murtough, Andre Onana, United, Aadi Nair, Ken Ferris Organizations: Soccer Football, AFC Bournemouth, Atalanta, Manchester United, Denmark, Serie A, Premier League, FC Copenhagen, Sturm Graz, Inter Milan, Champions League, League, Thomson Locations: Bournemouth, Britain, Old Trafford, Denmark, Mount, Chelsea, Bengaluru

☆ Researchers in Alaska rescued a walrus too young to be away from his mother. Now, his treatment plan includes 24/7 care and cuddles.
▼ + stars: | 2023-08-05 | by ( Katie Hawkinson | ) www.businessinsider.com time to read: +2 min

An Alaskan wildlife center rescued a one-month-old, 200-pound Pacific walrus calf this week. He has also already accepted a bottle and will likely acclimate well to his new human caretakers, staff reported. The young calf has already accepted a bottle and will likely acclimate well to human care, staff reported. Alaska SeaLife CenterAlaska SeaLife Center staff reported that the calf has already taken a bottle and is expected to acclimate well to his new human companions. The Alaska SeaLife Center did not respond to a request for an update on the calf's condition ahead of publication.

Persons: —, he'll, Jane Belovarac Organizations: Service, Alaska SeaLife, Alaska SeaLife Center, Staff, Alaska SeaLife Center Alaska SeaLife Center Locations: Wall, Silicon, Alaska, Beaufort, Alaska SeaLife Center Alaska

☆ Make it a cool pickle summer with this easy method
▼ + stars: | 2023-08-05 | by ( Casey Barber | ) edition.cnn.com time to read: +8 min

Sure, you can preserve food with a more advanced water-bath canning method, especially if you’re planning to save your summer pickles for up to a year. Or add pickled vegetables such as green beans or cauliflower to a grain salad or grain bowl as a topping. While pickled vegetables are always welcome in pasta salad (and potato salad, for that matter), they also bring an unexpected zing to hot pasta recipes. Or add pickled shallots, broccoli or peppers to pesto-sauced noodles. And when it’s too hot to think of anything else to do, there’s always “snack dinner” with a variety of pickled vegetables to save the day.

Persons: CNN —, chow, Pickles aren’t, Kadir Kemal Behar, don’t, Dill, tarragon, Deb Lindsey, I’ve, Gregory Rec, there’s, Casey Barber Organizations: CNN, Anadolu Agency, Washington Post, Portland Press Herald

☆ Capita flags up to $32 mln costs related to cyber incident
▼ + stars: | 2023-08-04 | by ( ) www.reuters.com time to read: +1 min

Capita's logo is pictured on a smartphone in front of an electronic display showing the same logo in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/IllustrationAug 4 (Reuters) - Capita (CPI.L) said on Friday it expected net exceptional costs of up to 20-25 million pounds ($32 million) related to the cyber incident which rocked the British outsourcing firm in March. The company confirmed that some data was "exfiltrated" following the cyber incident and said its probe was close to completion. "There was minimal operational impact to the majority ofour clients and their customers during the incident," Capita said in a statement. ($1 = 0.7862 pounds)Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Rashmi Aich and Dhanya Ann ThoppilOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Capita, Aby Jose Koilparambil, Rashmi Aich, Dhanya Ann Thoppil Organizations: REUTERS, Capita, Thomson Locations: Bengaluru

☆ WPP lowers full-year forecast as tech clients curb spending
▼ + stars: | 2023-08-04 | by ( ) www.cnbc.com time to read: 1 min

WPP, the world's biggest advertising group, downgraded its full-year like-for-like growth forecast to 1.5-3.0% from 3-5% after lower spending from tech clients caused its revenue in North America to decline in the second quarter. Chief Executive Mark Read said the group delivered a "resilient" performance in the first half, with growth accelerating in all regions except the United States. "(The U.S.) was impacted in the second quarter by lower spending from technology clients and some delays in technology-related projects," he said on Friday. "China returned to growth in the second quarter albeit more slowly than expected." The British company reported a 2.0% rise in like-for-like revenue less pass-through costs to 5.81 billion pounds ($7.39 billion) in the first half.

Persons: Mark Read Organizations: WPP Locations: British, North America, United States, U.S, China

☆ Mattel wants to pay you $277 an hour to play Uno
▼ + stars: | 2023-08-04 | by ( Ellie Stevens | ) edition.cnn.com time to read: +2 min

CNN —Mattel says it is conducting a nationwide job search for a “Chief Uno player.” The salary: $277 an hour. The toy company is hiring someone to promote the release of their new game, Uno Quatro. Uno Quatro is a new version of Uno that combines connecting four tiles in a row, as in Connect 4, with the classic Uno feature of matching numbers and colors. Starting September 13, the Chief Uno player will teach players to play the game and participate in livestreams and interviews. An eye-catching five figure position to play Uno for four weeks can accomplish just that.

Persons: Mattel, Uno Quatro, “ We’re, ”, Ray Adler, Uno, Tim Calkins, ” Calkins, TikTok, “, …, Skittles, French’s, McDonald’s, Calkins Organizations: CNN, Uno, Mattel, Northwestern University’s Kellogg School of Management Locations: New York City

☆ Ukraine just proved its sea drones are a huge threat to Russia's navy. An expert says this may only be the start.
▼ + stars: | 2023-08-04 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +3 min

Ukraine attacked a Russian warship using a sea drone on Friday, according to videos. It's unknown what type of sea drone Ukraine used to attack the Russian ship. Last week, Ukraine showed off its new sea drone for the first time, which packs hundreds of pounds of explosives, CNN reported. "These are faster than anything else in the Black Sea," he told CNN. A Ukranian sea drone was also used last month to successfully damage the Kerch Bridge, according to CNN.

Persons: Stephen Wright, Anton Gerashchenko, Wright, " Wright Organizations: Service, TNT, CNN, Internal Affairs of, Sevastopol Naval Base Locations: Ukraine, Russian, Wall, Silicon, Novorossiysk, Ukrainian, Internal Affairs of Ukraine, Russia, Sevastopol, Kerch, Crimea, Moscow

☆ UK net-zero ‘pragmatism’ is an odd way to get real
▼ + stars: | 2023-08-04 | by ( George Hay | ) www.reuters.com time to read: +7 min

Yet official UK figures do not suggest the way to get real on climate change is to go any slower. Sunak himself has defended Britain’s record on climate and says he cares about reaching its 2050 net-zero target. As such the net cost of net zero may be more like 344 billion pounds over three decades, or perhaps only 0.4% of GDP per year. Policy certainty will meanwhile encourage foreign investors to help pay for Britain’s transition, reducing its exposure to gas price shocks. UK energy secretary Grant Shapps said on Aug. 2 that the government remained “absolutely committed” to hitting its net-zero carbon targets by 2050.

Persons: Rishi Sunak, Sunak, dawdling, Andrew Forrest, ”, ” Sunak, Michael Gove, Grant Shapps, “, Neil Unmack, Streisand Neto, Oliver Taslic Organizations: Reuters, Sunak’s Conservative Party, Budget, Reuters Graphics Reuters, ’, McKinsey reckons, Britain, Conservatives, Thomson Locations: Britain, London, China, United States, North

☆ Fuelled by Rice, Arsenal ready for next step in title race
▼ + stars: | 2023-08-04 | by ( Martyn Herman | ) www.reuters.com time to read: +3 min

Those three signings were all completed early in the close4 season meaning Arsenal should be ready to hit the ground running when they kick off at home to Nottingham Forest next Saturday. While Rice's price tag appears over-inflated, he looks capable of giving Arsenal the drive their midfield began to lack in the closing months of the campaign. Timber offers the sort of defensive depth Arsenal sadly lacked after France's William Saliba was injured in March. "The players will have learned a hell of a lot with that title run, and this year is about going that one step ahead. ($1 = 0.7843 pounds)($1 = 0.9112 euros)Reporting by Martyn Herman; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

Persons: Arsenal's Kai Havertz, Declan Rice, Peter Cziborra, Mikel Arteta's, Kai Havertz, Martin Odegaard, Havertz, Mikel Arteta, Granit Xhaka, William Saliba, Gabriel Martinelli, Gabriel Jesus, Rice, Arsenal's, Martyn Herman, Ken Ferris Organizations: Soccer, Arsenal, AS Monaco, Emirates, Peter Cziborra LONDON, Manchester City's, Premier League, City . Arsenal, West Ham United, Ajax Amsterdam, Nottingham Forest, Bayer Leverkusen, Timber, City, Barcelona, Thomson Locations: London, Britain, West, Chelsea, Arsenal's, California

And its flagship gaming brand, Republic of Gamers (ROG), offers a range of graphics cards, desktop towers, monitors, and more — including laptops, like the Asus ROG Zephyrus G14. The Asus ROG Zephyrus G14 is a gaming laptop that packs premium performance into a lightweight package. ASUS ROG Zephyrus G14 Gaming Laptop (GA402XY) The Asus ROG Zephyrus G14 (2023) is a slim gaming laptop equipped with top-tier hardware. Asus ROG Zephyrus G14: SpecsAsus produces a variety of different G14 models, each with different specifications. The Zephyrus G14's bright screen, great performance, and portability make it a perfect match for gamers or creative professionals on the go.

Persons: I've, William Antonelli, It's, Fortnite, Price, I'd Organizations: Asus, Republic of Gamers, Nvidia, ASUS, AMD, McAfee, Bluetooth

☆ Haunting photos show the day the US dropped an atomic bomb on Hiroshima
▼ + stars: | 2023-08-04 | by ( James Pasley | ) www.businessinsider.com time to read: +1 min

His government decided to drop the world's first atomic bomb on Hiroshima. On August 6, the atomic bomb "Little Boy" was dropped on Hiroshima, instantly leveling five square miles and killing an estimated 80,000 people. The explosion wiped out five square miles of the city, including 62,000 buildings. Director Christopher Nolan's film "Oppenheimer," which was released in July, is about the work that went on to build an atomic bomb in the years leading up to Hiroshima. Here's how the bomb drop played out and why it wasn't enough to end the war by itself.

Persons: Harry Truman, Christopher Nolan's, Oppenheimer Organizations: Service Locations: Germany, Japan, Hiroshima, Wall, Silicon, Here's

☆ Ukraine hit a Russian warship in an audacious attack involving sea drones, videos show
▼ + stars: | 2023-08-04 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +4 min

Ukraine said it hit a Russian warship in the Back Sea in an attack that involved sea drones. Dashcam footage posted by a Ukrainian official shows a sea drone slamming into the side of the ship. A Ukrainian source told CNN a sea drone with 450 kilograms of TNT had attacked a Russian ship that had around 100 servicemen aboard. Earlier this week, Russia's Ministry of Defense said it foiled another drone attack that was targeting patrol boats southwest of Sevastopol, according to AFP. Last week, Ukraine showed off its new sea drone for the first time, which packs hundreds of pounds of explosives and is faster than anything in the Black Sea, CNN reported.

Persons: Anton Gerashchenko, Gornyak, Veniamin Kondratiev Organizations: Service, CNN, TNT, Armed Forces of, Russian Armed Forces, Russian Ministry of Defense, AFP, Ukrainian, Internal Affairs of, Security Service, Reuters, Russia's Ministry of Defense Locations: Ukraine, Russian, Russia, Wall, Silicon, Novorossiysk, Ukrainian, Crimea, Armed Forces of Ukraine, Internal Affairs of Ukraine, Krasnodar, Sevastopol

☆ Rolls-Royce reports jump in first-half profit led by civil aerospace
▼ + stars: | 2023-08-03 | by ( ) www.reuters.com time to read: +1 min

A BR700-725 jet engine is seen at the assembly line of the Rolls-Royce Germany plant in Dahlewitz near Berlin, Germany, February 28, 2023. REUTERS/Nadja Wohlleben/File PhotoLONDON, Aug 3 (Reuters) - Aero-engineer Rolls-Royce (RR.L) reported underlying operating profit of 673 million pounds ($855 million) in its first half, more than five times the level of a year ago, led by a large improvement in its civil aerospace margin. The British company upgraded its full-year profit forecast last week to 1.2-1.4 billion pounds ($1.6-1.8 billion) from its previous guidance of 800 million-1 billion pounds. The market had been forecasting 934 million pounds. "Better profit and cash generation reflect greater productivity, efficiency, and improved commercial outcomes," he said on Thursday.

Persons: Nadja Wohlleben, Tufan Erginbilgic, Paul Sandle, Kate Holton, Sarah Young Organizations: Royce, REUTERS, British, Boeing, Thomson Locations: Royce Germany, Dahlewitz, Berlin, Germany

☆ LSEG’s dealmaking payoff arrives in installments
▼ + stars: | 2023-08-03 | by ( Neil Unmack | ) www.reuters.com time to read: +4 min

LSEG (London Stock Exchange Group) CEO David Schwimmer speaks during the Reuters NEXT Newsmaker event in New York City, New York, U.S., December 1, 2022. Yet two and a half years after CEO David Schwimmer got the keys, the London Stock Exchange operator is growing revenue and mostly beating its targets. The deal increased LSEG’s exposure to selling data, typically a more predictable source of revenue. Annual subscriber value, a closely watched metric which measures the recurring revenue in LSEG’s data division, rose nearly 7% in the first six months of the year. Schwimmer’s dealmaking is paying off, but the former Goldman Sachs (GS.N) banker has a few more installments to collect.

Persons: David Schwimmer, Brendan McDermid, Blackstone, Schwimmer, dealmaking, Goldman Sachs, LSEG, Thomson, Peter Thal Larsen, Streisand Neto Organizations: London Stock Exchange Group, Reuters, REUTERS, Brendan McDermid LONDON, London Stock Exchange, London Stock, Thomson Reuters, Microsoft, Deutsche, Jefferies, P, Revenue, Blackstone, Thomson Locations: New York City , New York, U.S, Refinitiv, Breakingviews

☆ Why the World Health Organization's re-branding of aspartame as carcinogenic isn't a threat to soft drink makers
▼ + stars: | 2023-08-03 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Beverage analysts don't see a threat to diet soda makers from the World Health Organization's recent warning on artificial sweetener aspartame. But giants in the beverage industry that use aspartame, including Coca-Cola and Pepsi , are so far unfazed. Because the WHO didn't change the consumption limit on aspartame products, the new findings aren't likely to threaten soft drink makers, according to Citi analyst Filippo Falorni. For example, the WHO's says an adult weighing around 154 pounds should drink no more than 14 cans of diet soda each day to avoid health concerns. KO PEP YTD mountain Both soda stocks have been little fazed by the World Health Organization's recent concerns over aspartame.

Persons: Filippo Falorni, Falorni, we've, Robert Ottenstein Organizations: Beverage, Health, United Nations, U.S . Food, Drug Administration, Pepsi, Cola, WHO, Citi, World Health, Evercore ISI, Coke Locations: U.S

☆ Wilko: 12,000 jobs at risk as UK discount chain on brink of collapse
▼ + stars: | 2023-08-03 | by ( ) edition.cnn.com time to read: +1 min

Britain’s Wilko, a discount retail chain which sells homeware and household goods, is at risk of collapse after it filed a notice of intention to appoint administrators on Thursday, putting 12,000 jobs on the line if no buyer can be found. The retailer could be one of the first major victims of Britain’s tougher economy, after consecutive interest rates rises that started in December 2021. “This is extremely concerning,” the GMB union, which represents about 4,000 workers at Wilko, said in a statement. “Wilko’s staff deserve reassurance that their jobs are safe.”Wilko’s Chief Executive Mark Jackson said he hoped the privately-held retailer would be bought. Wilko operates from 400 stores across the UK, where it competes with rivals such as B&M (BMRRY), and has an annual turnover of 1.2 billion pounds ($1.5 billion).

Persons: Britain’s, Wilko, “, Mark Jackson, “ We’ll, ” Locations: Wilko

☆ 'Bohemian Rhapsody' piano, other Freddie Mercury belongings to be auctioned
▼ + stars: | 2023-08-03 | by ( Sarah Mills | ) www.reuters.com time to read: +2 min

[1/7] Freddie Mercury's signature crown and cape are displayed during Sotheby's 'Freddie Mercury: A World of His Own' press preview in London, Britain August 3, 2023. "We've conceived our gallery spaces to give it a sense of what it was like living with Freddie at home," said David MacDonald, head of single owner sales at Sotheby's London said. At the heart of the auction is Mercury's treasured, black Yamaha piano, estimated at 2-3 million pounds ($2.5-$3.8 million), on which he composed the 1975 Queen epic "Bohemian Rhapsody". "It was an extension of himself, his vehicle of creativity," Austin said of the baby grand piano. "He would never smoke at the piano or rest a glass on top of it and would ensure nobody else did either.

Persons: Freddie Mercury's, Sotheby's, Freddie Mercury, Susannah Ireland, Queen, Mary Austin, We've, Freddie, David MacDonald, he'd, MacDonald, Austin, Sachin Ravikumar, David Gregorio Our Organizations: REUTERS, Susannah, Tiffany, Thomson Locations: London, Britain

☆ Rolls-Royce's turnaround delivers fivefold increase in profit
▼ + stars: | 2023-08-03 | by ( ) www.cnbc.com time to read: +2 min

Aero-engineer Rolls-Royce on Thursday reported a strong recovery in profit as its new CEO's turnaround plan gathers pace, helped by better pricing for maintaining the engines that power long-haulaircraft like the Airbus A350 and Boeing 787. The British company reported first-half underlying operating profit of 673 million pounds ($854 million), more than five times the level of a year ago. Chief Executive Tufan Erginbilgic, who joined the company in January, said the jump in profit and cash generation reflected "greater productivity, efficiency, and improved commercial outcomes. Operating profit in its defence unit, which provides the engines that power Britain's nuclear submarines, grew by a third, driven by strong revenue growth and higher margin. Power systems - its third major business unit - reported broadly flat profit at a lower margin.

Persons: Royce, Tufan Erginbilgic, Erginbilgic Organizations: Airbus, Boeing, British

Britain exported more than 2.5 million tonnes of steel to Europe last year, UK Steel said. That trade would face the CO2 levy, unless Britain matched the EU's carbon pricing policies or linked its carbon market to the bloc's. Without a market link, Energy Aspects expects UK carbon prices to trade below EU CO2 prices until the late 2020s - exposing UK firms to the EU's border levy. In 2026, when the EU carbon border levy will kick in, Energy Aspects expects the UK CO2 price to be around 55 pounds (63.71 euros), versus an expected EU CO2 price of 108 euros. The UK government ran a publish consultation earlier this year on policies to support British industries as they decarbonise, including a possible UK carbon border levy.

Persons: Frank Aaskov, Benjamin Lee, Susanna Twidale, Kate Abnett, Sharon Singleton Organizations: European Union, ETS, Steel, Energy, UK, Britain's Department for Energy Security, Thomson Locations: BRUSSELS, London, Britain, Europe

☆ Focus: US psychiatrists prescribe Wegovy to battle medication-induced weight gain
▼ + stars: | 2023-08-03 | by ( Elissa Welle | ) www.reuters.com time to read: +6 min

[1/2] A selection of injector pens for the Wegovy weight loss drug are shown in this photo illustration in Chicago, Illinois, U.S., March 31, 2023. The global market for weight-loss drugs is forecast to reach as much as $100 billion within the decade. Beyond severe mental health disorders, other patients struggling with obesity tend to suffer from mental health issues like depression and anxiety at higher levels than the general population, studies show. However, psychiatrists specializing in eating disorders are wary that drugs like Wegovy could exacerbate their patients’ focus on weight loss because they are so effective. Dr. Michael Weintraub, an endocrinologist at NYU Langone Health, said ideally psychiatrists will work with endocrinologists because weight-loss drugs require careful monitoring not related to mental health issues.

Persons: Jim Vondruska, Wegovy, Novo, It's, doggedly, Joseph Goldberg, Eli Lilly, Natalia Salomao, Dost Ongur, Brigham, Roy Chengappa, New Yorker Alexander Roger, Roger, Michael Weintraub, McLean's Ongur, Elissa Welle, Michele Gershberg, Bill Berkrot Organizations: REUTERS, Icahn School of Medicine, U.S . Food, Drug Administration, Reuters, Mass, Brigham McLean Hospital, University of Pittsburgh Medical Center, New Yorker, Fordham University, Nordisk, NYU Langone Health, Thomson Locations: Chicago , Illinois, U.S, Mount Sinai, New York, Europe, Danish, Boston

☆ Rising costs, declining demand, massive consolidation and government scrutiny: the death industry is changing, maybe for good
▼ + stars: | 2023-08-03 | by ( Madison Hall | ) www.businessinsider.com time to read: +10 min

More and more Americans are choosing to move away from the traditional burial process after they die. As the 2022 NFDA Cremation & Burial Report explained, "Typically, cremations cost 40% less than funerals with burials." As of 2022, the aquamation process, also known as alkaline hydrolysis, is legal in 24 states and legislation to legalize it is circulating in several other states. But while these two innovative funeral homes offer their price lists on their websites, they are not required to. The potential rule change is also being monitored by the Funeral Consumers Alliance, which has been pushing for the change for decades.

Persons: Jack Mitchell, cremation's, Mitchell, Sara Williams, Hunter Beattie, Beattie, aquamation, Spade, that's, We're, Williams Organizations: Service, Federal Trade Commission, Director's, Public Religion Research Institute, Kaiser Family Foundation, Census Bureau, Consumers Alliance, Directors, FTC Locations: Wall, Silicon, North Carolina, aquamation, Washington

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