Campbell's seeks to bag Millennials | Business & Technology. CAMDEN, N.J. -- If your lunch still consists of a bowl of Campbell's tomato soup and a grilled-cheese sandwich, chances are you grew up using a typewriter. Generations of Americans have moved on from Campbell's condensed chicken noodle and tomato soups in search of heartier varieties with more sophisticated flavors. Now, the world's largest soup company is racing to do the same. Campbell Soup last year began a quest that led executives to a diverse group of cities including Portland and London to figure out how to make soups that appeal to younger, finicky customers. In the year ahead, the 143-year-old company plans to roll out 50 products such as Moroccan Style Chicken and Spicy Chorizo. The ingredients may surprise those used to a plain bowl of chicken soup: tomatillos, coconut milk and shiitake mushrooms. The new soups also won't look like the big, gelatinous chunks that came in the steel cans that built Campbell into an iconic brand.
The remake could be a do-or-die task for Campbell. Half Of Young Adults Do Not Feel They've Reached Adulthood: Survey. Maybe 30 is the new 18. Fifty-one percent of 18- to 29-year-olds do not feel they have fully reached adulthood, according to new findings from the Clark University Poll of Emerging Adults. Most of those young adults said they feel that they have reached adulthood in some ways, but not in others. (Hat tip to ABC News Radio.) The communications firm Purple Insights conducted the survey on behalf of Clark University by interviewing 1,029 young adults in April.
Of those surveyed, 36 percent of young adults say that taking responsibility for themselves is the most important part of becoming an adult, while 30 percent classify financial independence as most important, according to the survey. In such a weak job market, many young adults do not appear to be on track to gaining financial independence soon. Sixty-three percent of 18- to 29-year-olds in the survey said that they receive some financial support from their parents, according to USA Today.
The weak job market is partly to blame. Young Adults Delay Careers, Marriage - Emerging Adulthood -AARP. Self-focus. Emerging adults are focusing on their self-development and have relatively few obligations to others, so they have more freedom than people of other ages have. You can text them, and they may text you back — or they may not. It's important to them to carve out a space where they can make their own decisions. Feeling In-Between. Sense of Possibilities. In many ways, the rise of this new life stage is a good thing.
Most of them make use of the freedom of emerging adulthood to have experiences they couldn't have when they were younger and probably won't be able to have when they're older, such as teaching in China for a year, perhaps, or taking a low-paid but fascinating internship with a nonprofit organization. Are Millennials the Screwed Generation? - Newsweek and The Daily Beast. Debt Collectors Cash In as Students Struggle to Repay Loans - US Business News. As the number of people taking out government-backed student loans has exploded, so has the number who have fallen at least 12 months behind in making payments — about 5.9 million people nationwide, up about a third in the last five years. In all, nearly one in every six borrowers with a loan balance is in default. The amount of defaulted loans — $76 billion — is greater than the yearly tuition bill for all students at public two- and four-year colleges and universities, according to a survey of state education officials.
To get the money back, the Department of Education last fiscal year paid more than $1.4 billion to collection agencies and other groups to hunt down defaulters. Hiding from the government is not easy. “I keep changing my phone number,” said Amanda Cordeiro, 29, from Clermont, Fla., who dropped out of college in 2010 and has fielded as many as seven calls a day from debt collectors trying to recover her $55,000 in overdue loans. Ms. The New Oil Well? Lying in Wait Mr.