Procter & Gamble fiscal 1Q results top Street, sees less of an impact from tariffs for fiscal 2026
Read full article: Procter & Gamble fiscal 1Q results top Street, sees less of an impact from tariffs for fiscal 2026Procter & Gamble fiscal first-quarter performance managed to top Wall Street’s view and the consumer products maker now foresees less of an impact from tariffs for fiscal 2026.
P&G to increase prices in part due to tariffs as shoppers remain cautious and delay purchases
Read full article: P&G to increase prices in part due to tariffs as shoppers remain cautious and delay purchasesConsumer products giant Procter & Gamble offered an annual earnings outlook that was below analysts’ projections and said it would raise prices on about a quarter of its products in the U.S. in part due to costs of President Donald Trump’s tariffs.
Pampers maker Procter & Gamble to cut up to 7,000 jobs as companies are buffeted by higher costs
Read full article: Pampers maker Procter & Gamble to cut up to 7,000 jobs as companies are buffeted by higher costsProcter & Gamble will cut up to 7,000 jobs, or approximately 6% of its global workforce, over the next two years as the maker of Tide detergent and Pampers diapers implements a restructuring program amid an environment dealing with trade wars and customers anxious about the economy.
Tariff turmoil: What P&G, Pepsi and other companies are saying about tariffs
Read full article: Tariff turmoil: What P&G, Pepsi and other companies are saying about tariffsTariff worries continue hanging over companies as they report their latest financial results and try to provide guidance on their path ahead.
Stock market today: Netflix and AI excitement send Wall Street to the brink of an all-time high
Read full article: Stock market today: Netflix and AI excitement send Wall Street to the brink of an all-time highNetflix, Oracle and other technology stocks lifted U.S. indexes as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence.
What’s in your floss? Consumer Reports analyzes different brands to find which use harmful chemicals
Read full article: What’s in your floss? Consumer Reports analyzes different brands to find which use harmful chemicalsNot enough of us regularly floss our teeth, and even fewer think about what’s in our dental floss. A new Consumer Reports and Made Safe investigation found surprising and potentially harmful chemicals lurking in some of the more popular floss brands.
P&G recalls 8.2 million bags of Tide, Gain and other laundry detergents over packaging defect
Read full article: P&G recalls 8.2 million bags of Tide, Gain and other laundry detergents over packaging defectProcter & Gamble is recalling more than 8 million bags of Tide, Gain, Ace and Ariel laundry detergent packets sold in the U.S. and Canada.
Turkish police rescue hostages held at gunpoint for hours in Procter & Gamble plant in Gaza protest
Read full article: Turkish police rescue hostages held at gunpoint for hours in Procter & Gamble plant in Gaza protestTurkish officials say police rescued seven hostages held at gunpoint for hours at a factory owned by U.S. company Procter & Gamble in northwest Turkey.
P&G's sales climb in Q4, but cautious on fiscal 2023 outlook
Read full article: P&G's sales climb in Q4, but cautious on fiscal 2023 outlookProcter & Gamble’s sales rose 3% in the fiscal fourth quarter, but the world’s largest consumer products maker gave a lackluster fiscal 2023 sales forecast as it contends with rising commodity and freight costs.
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HP, Procter & Gamble join companies pledge to cut emissions
Read full article: HP, Procter & Gamble join companies pledge to cut emissionsComputer-maker HP, consumer goods business Procter & Gamble and coffee capsule company Nespresso have joined a corporate pledge to sharply cut their greenhouse gas emissions over nearly two decades.
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Asian shares rise after Wall Street gains on solid earnings
Read full article: Asian shares rise after Wall Street gains on solid earningsAsian shares mostly rose Wednesday, cheered by the gains on Wall Street as investors welcomed a batch of solid earnings reports from U.S. (AP Photo/Koji Sasahara)TOKYO – Asian shares mostly rose Wednesday, cheered by the gains on Wall Street as investors welcomed a batch of solid earnings reports from U.S. companies. Asian shares have tracked moves on Wall Street lately, as much of the region's export-dependent economies depend on robust trade, slammed by the coronavirus pandemic. Technology, communication and financial stocks powered most of the gains on Wall Street. Netflix shares fell in after-hours trading after the streaming service reported third-quarter earnings and a tally of new subscribers that fell short of analysts' expectations.
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Asian shares rise after Wall Street gains on solid earnings
Read full article: Asian shares rise after Wall Street gains on solid earningsAsian shares mostly rose Wednesday, cheered by the gains on Wall Street as investors welcomed a batch of solid earnings reports from U.S. (AP Photo/Koji Sasahara)TOKYO – Asian shares mostly rose Wednesday, cheered by the gains on Wall Street as investors welcomed a batch of solid earnings reports from U.S. companies. Asian shares have tracked the moves on Wall Street lately, as much of the region's export-dependent economies depend on robust trade, slammed by the coronavirus pandemic. Technology, communication and financial stocks powered most of the gains on Wall Street. Insurer the Travelers Cos. gained 5.6% after its latest earnings topped Wall Street's estimates, thanks partly to lower-than-expected losses on claims.
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Asian shares track Wall Street fall as virus aid hopes fade
Read full article: Asian shares track Wall Street fall as virus aid hopes fadeAsian shares fell moderately Tuesday, echoing Wall Street's decline as hopes faded Washington will come through with badly needed aid for the economy before the U.S. presidential election. On Wall Street, the S&P 500 dropped 1.6%, its worst day in more than three weeks. The S&P 500 fell 56.89 points to 3,426.92. The index has gained 7% so far this month, outpacing the 1.9% gain for the broader S&P 500. The benchmark S&P 500 has notched a gain in each of the past three weeks.
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US says it will block palm oil from large Malaysian producer
Read full article: US says it will block palm oil from large Malaysian producerThe United States will block shipments of palm oil from a major Malaysian producer that feeds into the supply chains of iconic U.S. food and cosmetic brands. “We would also encourage U.S. consumers to ask questions about where their products come from.”Malaysia is the world’s second largest producer of palm oil. Palm oil and its derivatives from FGV, and closely connected Malaysian state-owned Felda, makes its way into the supply chains of major multinationals. They include Nestle, L’Oreal, and Unilever, according to the companies’ most recently published supplier and palm oil mill lists. Under Wednesday’s order, palm oil products or derivatives traceable to FGV will be detained at U.S. ports.
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P&G extends Olympic sponsorship, focusing on equality drive
Read full article: P&G extends Olympic sponsorship, focusing on equality driveFILE - In this March 30, 2020, file photo, a man jogs past the Olympic rings in Tokyo. (AP Photo/Jae C. Hong, File)LONDON Procter & Gamble will use its Olympic and Paralympic sponsorship to campaign for racial equality after extending its backing of the games through 2028. We want to now extend that to be both a force for growth and a force for good for the next eight years.The Tokyo Olympics are now a year away after being postponed due to the coronavirus pandemic. Gestures such as taking a knee or raising a fist on a medal podium remain prohibited by the International Olympic Committee. Thats a big discussion the IOC is now having with the athletes, which I think is quite appropriate, Pritchard said.
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