P&G Bought Gillette 18 Years Ago. It’s Still Paying the Price.
Updated Dec. 5, 2023 4:45 pm ETProcter & Gamble said it was booking a $1.3 billion charge on its Gillette...
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U.S., in Chip War With China, Extends Some Allowances for Asian Allies
Chip makers Samsung, SK Hynix and TSMC can maintain their operations in China for the foreseeable future, but significant tech...
We Tested Six Expensive Men’s Razors. One Stood Out.
Is it worth ditching your drugstore razor and splurging on a high-end model? Source link
Roku Cutting 10% of Staff to Rein In Rising Expenses
The streaming platform also projected fiscal third-quarter results ahead of its prior guidance. Source link
J&J’s $40 Billion Split-Off Sets Stage for Pharma, Medical Tech Expansion
The healthcare giant’s separation of its consumer-health business arms it with billions in cash for allocating capital in the remaining...
Please Support This Ice Maker: Big Manufacturers Try Crowdfunding to Market-Test Products
GE Appliances and others seek customer feedback and payment in advance to help validate a concept. Source link
Estée Lauder’s Big Bet on China Is Looking Not So Pretty
Estée Lauder’s longtime chief, Fabrizio Freda, is under pressure to show he can turn around the beauty giant’s key China...
Chinese Consumers Pinch Pennies on Staples as Pandemic Habits Linger
The average selling prices of toothbrushes, infant formula and makeup are declining as businesses adapt to circumstances. Source link
Exotic New Silicon-Based Speakers Are Coming to Next-Generation Earbuds
Speakers the size of an asterisk have the potential to change the way we reproduce sound, cope with hearing loss—and...
Apple Releases Vision Pro Headset, First Major New Product in a Decade
The device allows users to experience virtual reality and digital apps overlaid on the real world. The company also unveiled...
Kohl’s, Costco, Lowe’s Sales Sluggish as Shoppers Pull Back
Consumer wariness constrains earnings for retailers Dick’s, e.l.f. Beauty and Williams-Sonoma. Source link
‘The Super Mario Bros. Movie’ Becomes the First Billion-Dollar-Plus Film of 2023
The animated film is just the fifth movie since the pandemic to gross 10 figures worldwide. Source link
Samsung Forecasts Worst Profit in Over a Decade as Tech Slump Hits Memory Chips
TechSouth Korean firm said it would cut memory-chip production, joining rivals in addressing supply glut Source link
Microsoft Signs ‘Call of Duty’ Pacts With Nintendo and Nvidia as Activision Deal Faces Scrutiny
The agreements come as regulators in the U.S. and abroad have said they are concerned the proposed $75 billion acquisition...
Estée Lauder Sales Hit Again by China’s Covid Lockdowns
The cosmetics company reported a 17% decline in quarterly sales as retailers tightening their inventories also weighed on its business....
Samsung Expects Big Drop in Profit on Slumping Tech Demand
High inflation and weak economies hit sales of memory chips and smartphones. Source link
Microsoft Pledges to Put ‘Call of Duty’ on Nintendo Switch If Activision Deal Is Approved
TechThe move is the software giant’s latest concession aimed at convincing antitrust regulators in the U.S. and abroad to sign...
NRG Energy to Buy Vivint Smart Home for $2.8 Billion
MarketsDealsNRG will look to cross-sell and bundle the two companies’ energy and home-security products Source link
Chip Maker SK Hynix Slashes Capital Spending
SEOUL—SK Hynix Inc., one of the world’s biggest chip makers by revenue, halved its planned investments for next year due...
Companies Take Different Strategies to Navigate High Inflation
The first batch of earnings reports from companies for the September quarter show that corporate profit margins are feeling the...
