(Reuters) – Brown-Forman Corp missed Wall Street expectations for third-quarter profit on Wednesday, as the Jack Daniel’s whiskey maker struggled to keep a tight lid on costs. Spirit makers such …
Topic:
Costs
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By Leika Kihara and Takahiko Wada TOKYO/YOKOHAMA, Japan (Reuters) -The Bank of Japan (BOJ) must always stand ready to mitigate the side-effects of prolonged monetary easing, even as it maintains …
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WASHINGTON (Reuters) – U.S. labor costs grew faster than initially thought in the fourth quarter, though the pace has slowed from the prior quarters. Unit labor costs – the price …
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SAO PAULO (Reuters) – Ambev SA said on Thursday it expects the cost of goods sold per hectoliter at its beer business in Brazil to rise by 6% to 9.9% …
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Sen. Declan O’Scanlon said Gov. Phil Murphy should explain cuts to municipal aid that appear in his budget proposal for next year, which will drive large property tax increases when …
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EXCLUSIVE: GOP Rep Introduces Legislation To Make China Pay For America’s COVID Costs Jennie Taer on February 28, 2023 Republican Florida Rep. Brian Mast introduced legislation to hold the Chinese …
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MEXICO CITY (Reuters) -Mexican restaurant chain operator Alsea reported on Monday a 31% drop in its fourth-quarter net profit from a year earlier, hit by higher energy and raw materials …
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(Reuters) – Citigroup Inc said on Monday it was expecting $190 million of costs tied to winding down its consumer and institutional banking business in Russia, as of the end …
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BOWIE, MD – Vice President Kamala Harris looked the public in the eye this week and declared the Biden-Harris administration has lowered energy costs for Americans. It was yet another …
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PARIS (Reuters) – Falling gas prices over recent weeks have paired with rising coal and carbon costs to make European power generation from gas-fired power plants more economical, marking a …
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By Richa Naidu LONDON (Reuters) – Coca-Cola Europacific Partners told Reuters on Thursday it expects to hike prices further, and said glass costs would rise by the “mid-teen to low …
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By John Revill and Richa Naidu ZURICH/LONDON (Reuters) -The world’s biggest food group Nestle will lift prices again this year, Chief Executive Mark Schneider said on Thursday, after more costly …
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(Reuters) – U.S. insurer American International Group reported a near 24% fall in fourth-quarter profit on Wednesday, hurt by losses tied to a winter storm that hit parts of North …
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Sen. Anthony M. Bucco said Gov. Phil Murphy is passing the buck to property taxpayers after his mismanagement led to surging costs in public employee pensions and health benefits for …
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By Arshreet Singh (Reuters) – Gold miners are set to report healthier margins for the fourth quarter as higher energy and labor costs, which dented bottom-lines for much of 2022, …
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(Reuters) – CVS Health beat quarterly profit estimates on Wednesday, as a decline in hospitalizations from COVID-19 helped bring down medical costs at its Aetna insurance business. The company posted …
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By Richa Naidu LONDON (Reuters) – Shoppers around the world will pay even more for groceries this year than they did in 2022, according to retailers, consumer goods firms and …
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By Roushni Nair (Reuters) -Australia’s Suncorp Group posted a 63% jump in first-half cash earnings on Wednesday, helped by strong underlying margins and investment returns, while the insurer flagged higher …
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By Laura Matthews NEW YORK (Reuters) – Wild swings in global currencies hammered corporate earnings in the past year, and while forex markets have gotten less choppy, some companies are …
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(Reuters) – The U.S. Securities and Exchange Commission may soften a proposed rule governing corporate disclosure of climate-related costs as a result of industry push-back, the Wall Street Journal reported …
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(Reuters) -Executives at auto parts supplier Aptiv Plc said on Thursday they do not yet see a surge in electric vehicle (EV) production after recent price cuts by its client …
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BENGALURU (Reuters) – Housing Development Finance Corp (HDFC), India’s largest mortgage lender, reported a 13.2% rise in third-quarter profit on Thursday, missing estimates, as higher funding costs took the shine …
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By Hilary Russ NEW YORK (Reuters) – With the cost of butter plunging nearly 16% in a month and wholesale broiler chickens getting cheaper, some big restaurant chains including McDonald’s …
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County officials to pay $7.5 million local costs to pay for latest beach erosion replenishment
by Phil StiltonTOMS RIVER – It will cost the Jersey Shore $60 million for another round of beach replenishment after a series of coastal storms eroded large portions of the Army Corps …
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Davos Speaker Details The ‘Horrific’ Costs Of Mining Key Metal Used In Electric Car Batteries Harold Hutchison on January 17, 2023 A speaker at the World Economic Forum (WEF) held …