Procter & Gamble

Louisiana's black bear hunting lottery is open until Aug. 28 with 42 permits allocated based on population data. U.S. job openings declined to 7.36 million in June, while hiring improved compared to last year. Procter & Gamble acquired supplement company Thorne for $3.8 billion to expand its wellness portfolio.

Procter & Gamble is acquiring supplement brand Thorne for $3.8 billion, with the deal expected to close later this year. The acquisition will add Thorne to P&G's existing supplements portfolio, which includes Metamucil, Align Probiotic, and New Chapter.

Procter & Gamble will acquire supplements brand Thorne for $3.8 billion. P&G CEO Shailesh Jejurikar stated the acquisition aims to grow the company's health business.

A class action against manufacturers of decongestant medications containing phenylephrine was partially revived by the Second Circuit after the FDA mandated their labels state effectiveness, despite plaintiffs' claims they are no better than a placebo. The court upheld most dismissals but allowed claims about false 'maximum strength' advertising and unclear FDA approval processes to proceed.

Procter & Gamble reported flat organic sales growth in its fiscal fourth quarter as consumers opted for cheaper alternatives, leading to a stock price decline.

Procter & Gamble's quarterly revenue fell short of Wall Street's estimates despite unchanged volume, while its earnings per share exceeded expectations.

The article highlights the top 10 Dow Jones Industrial Average stocks with the highest dividend yields, emphasizing their potential for reliable income and long-term growth. Examples include Nike (3.9%), Chevron (3.7%), and IBM (3.3%), with analysis on their financial stability and market positioning despite challenges like Nike's recent share decline.

Patrice Louvet, Ralph Lauren's CEO, discusses restoring the brand's identity by balancing creative 'magic' with business logic after the company lost $1 billion in revenue by retreating from markets it wasn't proud of. He emphasizes strategic growth without diluting the brand's essence, even as opportunities like hotel expansions arise.

Amazon is expanding its shipping network to offer services to other companies, competing with logistics giants like DHL, UPS, and FedEx. The new Amazon Supply Chain Services will provide freight, distribution, fulfillment, and parcel shipping to businesses of all sizes. This move allows Amazon to monetize its vast fulfillment network.

Amazon has opened its logistics network to other businesses, with Procter & Gamble, 3M, Lands' End and American Eagle being the first to sign up. This move allows these companies to utilize Amazon's logistics capabilities. The partnership is expected to enhance their supply chain efficiency.