THE WHAT? Estée Lauder has lowered its annual revenue forecast, warning that U.S. tariffs will price the corporate about US$100 million this 12 months, prompting share costs to fall 4% in afternoon buying and selling. THE DETAILS The luxurious magnificence group mentioned it might cut back stock ranges and reduce on promotions to offset rising […]
Tag Archives: cuts
For the primary half of 2025, Beiersdorf’s income reached €5.2 billion. However whereas it skilled development of two.1%, this fell wanting the earlier 12 months’s development of seven.9% for a similar interval. The German private care group famous that it was up towards a mix of “robust prior-year comparability and slower market development” and, in consequence, […]
THE WHAT? Procter & Gamble posted flat web gross sales for fiscal 2025, with natural gross sales up 2% and core EPS rising 4%, whereas unveiling a cost-cutting plan that features decreasing 7,000 non-manufacturing jobs by 2027. THE DETAILS For the fiscal yr ending June 30, 2025, P&G reported web gross sales of US$84.3 billion—unchanged […]
U.S. President Donald Trump, joined by Republican lawmakers, indicators the One, Large Lovely Invoice Act into legislation on July 04, 2025 in Washington, DC. The legislation consists of cuts to funding for Medicaid, meals help and different social security web packages. Samuel Corum/Getty Photographs conceal caption toggle caption Samuel Corum/Getty Photographs Docs, hospitals, and well […]
How will the Trump administration’s cuts to HIV analysis affect the progress that is been made in the direction of ending the epidemic within the U.S.? PIEN HUANG, HOST: Throughout his first time period, President Trump laid out a daring proposal throughout a State of the Union tackle. (SOUNDBITE OF ARCHIVED RECORDING) PRESIDENT DONALD TRUMP: […]
The nation’s primary psychological well being company is being dissolved, and folded into a brand new federal well being company. Some lawmakers and well being care suppliers are involved in regards to the impacts. AYESHA RASCOE, HOST: The nation’s primary psychological well being company is being dissolved, and it is already misplaced roughly a 3rd […]
The Environmental Safety Company’s science wing, the Workplace of Analysis and Growth, faces main adjustments underneath the Trump administration. The workplace does analysis to grasp how environmental contaminants have an effect on human well being. Its work feeds into laws just like the Clear Air Act. Mark Schiefelbein/AP disguise caption toggle caption Mark Schiefelbein/AP The […]
Procter & Gamble (P&G) lower its gross sales and revenue forecast Thursday, April 25, citing a pullback in client habits as uncertainty over tariffs and the economic system cloud the image. P&G, whose manufacturers embrace Tide detergent, Head&Shoulders shampoo and Crest toothpaste, now sees flat gross sales for its present fiscal 12 months after beforehand […]
Alongside in depth reductions to the workers of the Facilities for Illness Management and Prevention, the Trump administration has requested the company to chop $2.9 billion of its spending on contracts, in line with three federal officers with data of the matter. The administration’s cost-cutting program, known as the Division of Authorities Effectivity, requested the […]
Scientists who analysis vaccine hesitancy and uptake are seeing their federal funding lower, beneath a Trump administration transfer. It is a part of a swathe of cuts to ongoing analysis funded by NIH. Spencer Platt/Getty Photos conceal caption toggle caption Spencer Platt/Getty Photos The Trump administration is slashing long-standing areas of analysis funded by the […]
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