Procter & Gamble Co. said it will discontinue its business in Pakistan, months after the company announced a global restructuring program. The maker of Tide detergent and other household items will wind down manufacturing and commercial activities of P&G Pakistan, as well as its razors division Gillette Pakistan Ltd., the Cincinnati-based company said in a … Read more
Procter & Gamble said on Thursday it would cut 7,000 jobs, or about 6%, of its total workforce over the next two years, as part of a new restructuring plan to counter uneven consumer demand and higher costs due to tariff uncertainty. The world’s largest consumer goods company also plans to exit some product categories … Read more
U.S. stocks closed higher on Thursday, rallying for a third straight day with a solid boost from technology shares as investors parsed a mixed bag of corporate earnings and watched for signs of progress in the U.S.-China tariff stand-off. All three major U.S. stock indexes posted sharp gains, with the “magnificent seven” group of artificial … Read more