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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 upgrades could prove difficult. Source
Clorox Warns of Accruing Costs From Cyberattack
The attack came amid a $500 million digital overhaul at the consumer products maker. Source link
Google Trial Spills Details on Search Engine's Deals With Apple, Samsung
The company says it was offering the better product, while the Justice Department argues the agreements were illegal. Source link
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 to Cut 10% of Staff to Rein In Rising Expenses
The streaming platform also projected fiscal third-quarter results ahead of its prior guidance. Source link
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 and U.S. businesses. Source link
P&G Earnings Show Its Pricing Power Endures
Consumers were still paying more for premium brands including Tide, boosting quarterly sales even as volumes dropped. Source link
Gucci-Owner Kering Buys Stake in Valentino
The deal is part of a return to big-ticket transactions for the French luxury conglomerate, after an agreement to purchase cologne-maker Creed. 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 businesses. Source link