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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
McDonald's Grimace Shake Trend Pays Off for Burger Chain
A meal celebrating the purple character helped drive sales after it went viral on TikTok. Source link
Nestlé Raised Prices More Than 9% in First Half of the Year
The world’s largest packaged food company said price hikes boosted sales and profitability, joining other consumer goods companies. Source link
Mattel Needs Barbie's Movie Magic to Lift Toy Sales
Partnerships and marketing blitz aim to power company past decline in quarterly sales and earnings. Source link
Facebook Parent Meta Expected to Report Sales Growth as Turnaround Continues
The social-media giant has seen a surge after cutting costs and improving ad-targeting. Source link
Airbus Hits New Supply-Chain Hurdle in Race With Boeing
Engine maker Pratt is recalling 1,200 engines over 12 months just as Airbus is trying to cement its supremacy in narrow-body jets. Source link
The Luxury Home Market Confronts Its New Reality: Not Enough Buyers and Sellers
Listen to article (2 minutes) When Joan Dangerfield, wife of the late comedian Rodney Dangerfield, first walked into her Los Angeles home in the early
Snap Revenue Falls Amid Efforts to Retool Advertising Business
The owner of Snapchat reported progress in the overhaul of its ads platform but offered a cloudy outlook for the current quarter. Source link
Verizon Promises Turnaround Amid Lull in Smartphone Upgrades
Over-the-air broadband service and higher fees helped boost the telecom giant’s wireless service revenue. Source link
GE Lifts Guidance as Sales and Earnings Rise
The manufacturer cites strong orders for jet engines and wind turbines. Source link