Oct 21- Kleenex and Huggies maker Kimberly-Clark Corp said it would cut 1,100 to 1,300 jobs as it focuses on emerging markets after the spinoff of its U.S.-based healthcare business. The company also cut its full-year profit forecast to reflect costs associated with the spinoff, while reporting better-than-expected quarterly revenue on strong demand in...» Read More
May 1- Avon Products Inc will pay the U.S. government $135 million to settle a multiyear probe into its efforts to develop new markets overseas, according to a preliminary understanding the beauty products company disclosed on Thursday.
NEW YORK, May 1- Avon Products Inc said on Thursday that it had reached a preliminary deal with the U.S. Department of Justice and the U.S. Securities and Exchange Commission to resolve a years-long probe into the beauty products company's overseas business development practices.
April 30- Energizer Holdings Inc said it plans to separate into two publicly traded companies, one for batteries and other household products and the other for personal care brands such as Schick razors and Stayfree female hygiene products.
April 30- Energizer Holdings Inc said it plans to separate into two publicly traded companies, one for batteries and other household products and the other for personal care brands such as Schick shavers and Stayfree female hygiene products. Energizer reported $1.9 billion in revenue for the household business in the year ended March 31.
April 30- Energizer Holdings Inc said it plans to separate into two publicly traded companies, one for household products and the other for personal care. The separation is planned as a tax-free spin-off and is expected to be completed in the second half of the 2015 fiscal year, the company said in a statement.
Procter & Gamble reported a higher quarterly profit on Wednesday, helped by an increase in sales of its home care products.
US multinational companies are dealing with an increasingly big headache when it comes to sales and profits: currencies.
Beef has never been more expensive, and rarely more controversial. From top-end T-bone to Big Mac, the future of the beef industry is at stake.
Companies and industries that rely on low-income spenders could see a boost to the bottom line thanks to rising wages in many American states.
A Los Angeles Superior Court judge heard testimony Friday from attorneys for the city of Irwindale, Calif., and the owner of the Sriracha plant.
CNBC anchorman Geoff Cutmore gave his best impression of Ron Burgundy on Squawk Box Europe this morning.
Apple's biggest smartphone rival, Samsung, has overtaken the Cupertino-based company when it comes to brand simplicity.
The halal food market has huge potential for growth after being largely neglected in the U.K.
A distribution model popular in Europe could finally give U.S. grocery stores a solid online footing.
L'Oreal's rumored buyback of Nestle's 29.5 percent stake in the French cosmetics giant looked far from a done deal on Friday, with Jean-Paul Agon, chairman and CEO of L'Oreal, telling CNBC that the ball was in the Swiss food giant's court.
At least nine City Council members back legislation to require most retailers to charge customers 10 cents for each bag.
After Danish brewer Carlsberg announced disappointing second quarter profits, the company's CEO placed the blame firmly on Russia, where a raft of legislation has heavily regulated the sale of alcohol.
CNBC Prime's Marcus Lemonis, "The Profit" host discusses tonight's show where he tries to clean up "Eco-Me," a manufacturer of all natural home cleaning products.
Tesco has unveiled a brand new concept store in the UK in Watford. Tesco Extra is the latest experiment in transforming the supermarket into a retail destination.
In a survey of U.S. and Canadian grocery shoppers, Trader Joe's, Publix Supermarkets and Whole Foods earned some of the highest marks.