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Double-Digit Price Increases Bolster Profits at Procter & Gamble
Posted inCompany Reports Consumer Behavior Inflation (Economics) Prices (Fares, Fees and Rates) Procter & Gamble Co United States Economy

Double-Digit Price Increases Bolster Profits at Procter & Gamble

The consumer goods company raised prices 10 percent across its brands for a second straight quarter and said its profit margin had widened.
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Posted by By Lora Kelley
Tesla’s Profit Dropped Sharply in First Quarter as It Cut Prices
Posted inBatteries China Company Reports Discount Selling Electric and Hybrid Vehicles Musk, Elon Stocks and Bonds Tax Credits, Deductions and Exemptions Tesla Motors Inc United States

Tesla’s Profit Dropped Sharply in First Quarter as It Cut Prices

The electric carmaker has reduced prices by thousands of dollars this year to bolster demand and fend off competition.
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Posted by By Peter Eavis and Jack Ewing
Netflix Will End Its DVD Service After 25 Years
Posted inBullock, Sandra Company Reports DVD (Digital Versatile Disc) Netflix Inc Sarandos, Ted

Netflix Will End Its DVD Service After 25 Years

Sending DVDs through the mail, in recognizable red-and-white envelopes, helped the company become a behemoth in Hollywood.
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Posted by By Nicole Sperling
Goldman Sachs Sheds Consumer Loans as Losses Mount
Posted inBanking and Financial Institutions Company Reports Goldman Sachs Group Inc Solomon, David M

Goldman Sachs Sheds Consumer Loans as Losses Mount

The Wall Street bank sold off some loans from its consumer-banking arm, Marcus, revealing a nearly $500 million loss in the business.
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Posted by By Rob Copeland

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