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Consumer Goods
Johnson & Johnson Sues Doctors Over Studies Linking Talc-Based Products and Cancer
Company says the studies played a significant role in lawsuits over its Baby Powder and Shower to Shower products. Source link
FTC Continues Fight to Block Microsoft’s $75 Billion Deal for Activision
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Conagra Sales Rise, Profit Falls as Inflation Eases
The food manufacturer said shoppers continued to stomach rising food prices, boosting its margins and sales. Source link
Frito-Lay's Flaming Hot Sales
As consumers pull back, snack sales remain a source of strength for Pepsi and others. Source link
PepsiCo Sales, Earnings Rise on Snacks Spending
PepsiCo reported strong growth in sales and profit as consumers continued to shrug off price increases and spend on Doritos, Cheetos and other snacks. Source
Microsoft's Win Puts U.K. Regulator in Challenging Spot Over Activision Deal
Britain’s antitrust watchdog, the only major regulator preventing the deal from closing, says it is ready to consider a new proposal. Source link
Lina Khan Is Taking on the World's Biggest Tech Companies—and Losing
The FTC chair’s court loss against Microsoft marks another setback in her fight to block mergers. Source link
Brazilian Meatpacker JBS to Pursue U.S. Listing
The company intends to list its shares on the NYSE and the São Paulo Stock Exchange using Brazilian Depository Receipts by the end of 2023.
Kim Kardashian in Talks to Buy Back Stake In Beauty Business From Coty
The reality star and entrepreneur had previously sold a 20% position in SKKN at $1 billion valuation. Source link