Peacock Price Hike: Prepare To Pay More for NBC's Streaming Service
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Borrowing an old bromide, when the stock market sneezes, California’s state government catches pneumonia. It’s more than a common cold when the state coughs up billions of buckets in red ink. Wall Street recently has exhibited robust health, but Sacramento is still suffering from the market’s fall two years ago. This is what happens when the state becomes too dependent on rich people for tax revenue. The rich play the stock market and when it pays off, Sacramento reaps a hefty chunk. When the...
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Procter & Gamble hiked prices — and then Pampers and Bounty sales dipped
Shares of consumer goods giant Procter & Gamble (P&G) slipped during Friday morning trading, after price hikes on certain products kept the company from reaching revenue expectations in its fiscal third quarter. Procter & Gamble stock fell about 1% following the company’s most recent quarterly earnings report. The company hiked prices by an average of 3% in the third quarter, resulting in mixed results for different product categories. P&G’s biggest earner — baby, feminine and family care...