PROCTER & GAMBLE CO News
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More Americans than projected filed claims for jobless benefits last week and manufacturing in the Philadelphia region unexpectedly shrank in May, signs the slowdown in growth is rippling through the U.S. economy.
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U.S. stocks rose, pushing benchmark indexes to fresh records, as data showing weakness in manufacturing fueled bets the Federal Reserve will be in no hurry to scale back stimulus.
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Stocks rose, sending the Standard & Poor’s 500 Index to another record, as weakness in manufacturing and a drop in wholesale inflation fueled bets the Federal Reserve will be in no rush to scale back stimulus. The euro slid as the region’s recession deepened.
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Beiersdorf AG wants you to spend more time in the shower.
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American companies with earnings least tied to the economy are beating so-called cyclical shares by the widest margin since August 2011, a sign that almost always means a bull market will accelerate.
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In 1999, Al Gore, then U.S. vice president and a Democratic candidate for president, sold $6,000 worth of cows.
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Dun & Bradstreet Inc., the 171-year- old provider of business data and risk-management services, said Sara Mathew will retire as chief executive officer and chairman by May of next year.
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In 1888, when Queen Victoria ruled India, the company that would become Unilever decided the country was the future. More than a century on, it’s staking $5.4 billion that it still is.
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Not so long ago, if you believe what you read in the papers and see on TV, Mexico was the next Afghanistan. It was poor, lawless, and plagued by drug violence, a failed-state-in-the-making whose problems and people would soon cascade over the border.
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Unilever will spend as much as 292.2 billion rupees ($5.4 billion) lifting a majority stake in its Indian unit as the seller of Lipton tea and Dove shampoo seeks to capture more emerging-market profit and combat slower European growth with its biggest deal in 13 years.
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