Chinese Consumers Pinch Pennies on Staples as Pandemic Habits Linger
Average selling prices of toothbrushes, infant formula and makeup are declining as businesses adapt
Source: wsj.com
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Royal Philips to Pay $62 Million to Settle China Bribery Probe
Amsterdam-based company used special price discounts for distributors and manipulated Chinese procurement processes by influencing state-run hospital officials, regulators said
Source: wsj.com
Coca-Cola, Bed Bath, First Republic, Credit Suisse, and More Stock Market Movers
Coca-Cola reports adjusted earnings that beat analysts' estimates, First Republic is scheduled to report quarterly earnings after markets close Monday, and shares of Bed Bath & Beyond sink after the retailer files for Chapter 11 bankruptcy protection.
Source: barrons.com