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Procter & Gamble to cut 7,000 jobs as part of broader restructuring

Procter & Gamble will cut 7,000 jobs, or roughly 15% of its non-manufacturing workforce, as part of a two-year restructuring program. The layoffs by...

3 days ago

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Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

Use of low-cost e-commerce giants Temu and Shein has slowed significantly in the key U.S. market amid President Donald Trump’s tariffs on Chinese imports...

4 days ago

Economy

The Floor System Fails

The technical nature of monetary policy obscures a basic fact: Governments created central banks for fiscal reasons. As a result, public finance considerations receive...

September 4, 2023

Editor's Pick

Soracom Launches IoT Connectivity Plan for Brazil

Downloadable PlanP2 Delivers Local Profile Without Permanent Roaming Restriction. Soracom, Inc., a global provider of advanced Internet of Things (IoT) connectivity, today announced the...

September 4, 2023

Economy

The One-Percent Principle

A winner-takes-all aspect rules much of the modern world.  It annoys pundits that a handful of firms dominate every industry. It annoys tech regulators...

September 4, 2023
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