Procter & Gamble (P&G), the company that makes Tide detergent and Pantene shampoo, warned on Thursday that rising raw material, energy and transportation costs could reduce its annual profit by more than expected. However, strong demand for its beauty and home-care products helped the company report better-than-expected sales for the first quarter. P&G raises its … Read more
Meta beat investor expectations for third-quarter revenue in 2026, but its profits took a hit from billions of dollars in legal costs. The Facebook and Instagram owner is facing major penalties in the US. Meta beat revenue estimates in the third quarter, but profit fell after a big legal settlement. Revenue beats expectations, profit takes … Read more
Representative Image of the Humanitix logo symbolizing charitable contributions through ticket bookings ( AI Generrated Image) A ticket booking fee can help fund more than an event. Humanitix, a not-for-profit ticketing platform, says it has directed US$13.8 million in profits to charitable causes, supporting work in education, healthcare, poverty alleviation and other areas. The company’s … Read more
Selena’s 1995 family agreement; 31 years later, A.B. sues Suzette over $1M in profits (Image Credit: Getty and AP) More than three decades after Selena Quintanilla’s death, a dispute over the business built around her music and legacy has moved into court. According to court documents obtained by ABC13, Selena’s brother Abraham “A.B.” Quintanilla III … Read more