First TVs, now tortilla chips: American companies set minimum prices to stop discounting

NEW YORK, Nov. 17 (Reuters) – Makers of everything from toys to wafers are increasingly placing minimum prices on their items to maintain profits and limit price cuts as retailers like Wal-Mart do so. (WMT.N) and Amazon.com Inc (AMZN.O) Trying to attract sales from each other over the Internet. As a result, shoppers are faced … Read more

Weak corporate report cards in the US and Asia indicate economic pain

Google shocks the market with weaker-than-expected ad revenue SK Hynix warns chip sector faces ‘unprecedented deterioration’ Weak profits come amid rising inflation and higher interest rates Oct 26 (Reuters) – US technology giants Alphabet (GOOGL.O) and Microsoft to General Electric (GE.N) and game maker Mattel (MAT.O) It reported significant slowdowns in growth or warned that … Read more

EXCLUSIVE: Brands post ads on Twitter next to child pornography accounts

Sept 28 (Reuters) – Some major advertisers including Dyson, Mazda, Forbes and PBS Kids have halted their marketing campaign or removed their ads from parts of Twitter because their promotional ads appeared alongside tweets urging child pornography, the companies told Reuters. Brands ranging from The Walt Disney Company (DIS.N)NBCUniversal (CMCSA.O) The Coca-Cola Company (KO.N) Children’s … Read more