P&G reshapes core business to chase growth
Procter & Gamble under A G Lafley downsizes lines and reorganizes plants to focus on global brands. The 2001-2002 divestiture of Jif and Crisco and a multiyear restructuring created billions in charges but aimed at stronger growth. Lafley meets field teams to better grasp consumer use. P&G targets 4 to 6 percent annual sales growth while expanding mid-tier brands and entering developing markets amid competition from L'Oreal and Pfizer.
MENTIONED IN THIS ARTICLE
New York
Dow Jones/ AP
Procter & Gamble Co
Lafley
P&c
Simon Burton
Banc of America Capital Management
St Louis
P&g
L'Oreal
Pfizer
Shinnecock casino fight stalls plans near Hamptons
The Shinnecock Indian Nation faces a legal clash over a proposed 65,000 square foot casino in Hampton Bays near the Hamptons. A state temporary restraining order halted construction, while the tribe seeks federal court review. Officials cite lack of federal recognition and required environmental permits.
MENTIONED IN THIS ARTICLE
Lance Gumbs
Shinnecock Nation Gaming Authority
Fred Bess
Shinnecock Nation
Charlie Smith
James Eleazer
Shinnecock Casino
Newtown Road
Hampton Bays
New York
Riverhead
Hamptons
Long Island
Hollywood
Manhattan
State Attorney General's
Shinnecocks
Denis McElligott
McElligott
Bureau of Indian Affairs
Great Peconic Bay
Sunrise Highway
Nedra Darling
Darling
BIA
Gumbs
N.Y
Money lessons urged in high schools across states
In New Orleans and beyond, educators warn that few students grasp personal finance and investing. The AP reports that only four states require personal finance, 14 require economics, while many students misjudge savings and bonds. Teachers stress integrating money topics into core subjects to improve financial literacy.
MENTIONED IN THIS ARTICLE
New Orleans
Alan Greenspan
Federal Reserve
National Council On Economic Education
Jan McCarthy
Irma
S.C
National Education Association Annual Meeting
Associated Press
Dean Breuer
Richfield
Minn
Robert Duvall
The
Duvall
Pablo Martinez
Roswell
Foundation For Teaching Economics
Gillette Company
Dollar gains as gold climbs in European trading
The U S dollar strengthened against major currencies in European trade while gold rose. The euro traded at 1.1478 dollars. yen 118.10. Swiss franc 1.3501. Canadian dollar 1.3372. The pound stood at 1.6704 dollars. London fixed gold at 351.10 dollars per ounce, Zurich bid 350.80, Hong Kong gold at 351.45, silver opened at 4.68 dollars.
MENTIONED IN THIS ARTICLE
London
U.S
Zurich
Hong Kong
Laptops Surpass Desktops in U S Retail PC Sales
Laptop computers gain momentum in U S retail dollar sales surpassing desktops for the first time driven by price portability and new services like Wi Fi. NPD and IDC analysts attribute the shift to technology advances falling prices and growing use in public spaces, with May average laptop price slipping below 1300.
MENTIONED IN THIS ARTICLE
U.S
Stephen Baker
NPD
Port Washington
IDC
Framingham
Mass
Roger Kay
Baker
Also Mentioned on This Page
Laffey
Tide
Petar Sorrentino
Bartlett & Co
Cincinnati
Smuckers
Sorrentino
Lzsley
Hotos
Tribe
Jack Kelley
CLA & Associates
Jackkelley
Qqlink
Leavitt Rd
Ineapolis
SL Paul Star Tribune
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