Consumers are starting to pull back spending as President Trump’s trade policies ripple through the economy.
Category: Procter & Gamble Co
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Procter & Gamble to Cut 7,000 Jobs Amid Tariff Uncertainty
The reductions will come over two years as the consumer products giant seeks to reorganize.
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Companies Are Raising Prices as Tariffs Hit
President Trump’s trade policies are already starting to frustrate American consumers who have noticed higher prices in their shopping carts.
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Will Cars, Phones and Other Goods Be Too Big to Tariff?
Washington and Beijing increasingly look likely to de-escalate their trade war. But the economic damage and ongoing uncertainty may persist for a while.
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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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Edward H. Meyer, Who Built an Advertising Empire, Dies at 96
Known for his iron resolve and his attention to detail, he transformed Grey Advertising from a midsize agency into a multinational powerhouse.
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Big Brands Keep Raising Prices, With Limited Shopper Resistance
The New York Times – Business:Consumers continue to absorb significant price increases by PepsiCo, Unilever and others. The companies say that prices will remain high in the months to come.
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Procter & Gamble Sales Fall for First Time in Years as Inflation Squeezes Shoppers
The New York Times – Business:The consumer goods giant raised prices 10 percent last quarter, but a decline in sales volume led to drops in revenue and profit.
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Consumer Giants Keep Raising Prices as Profits Come Under Pressure
The New York Times – Business:Nestlé and Procter & Gamble reported resilient earnings as they brought in more money from selling fewer goods.