business

PFS Launches U.S. Fulfillment Operations for Baby Care Brand, Tubby Todd Bath Co

ALLEN, Texas, June 28, 2022 (GLOBE NEWSWIRE) — PFS, a premier eCommerce order fulfillment provider and business unit of PFSweb, Inc. (NASDAQ: PFSW), has launched a new US order fulfillment operation for Tubby Todd. Founded by Andrea and Brian Williams in 2014, Tubby Todd provides body care basics for babies with sensitive skin. Inspired by …

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A Tencent Investor Cut Its Stake. That’s Not Bad for China’s Internet Recovery.

Text size Internet conglomerate Prosus and its parent Naspers pared its stake in Tencent, and sold of JD.com. Gilles Sabrie/Bloomberg When a big shareholder starts selling, it’s usually a flag. Internet conglomerate Prosus and its parent company Naspers ‘ decision Monday to pare its stake in Chinese internet company Tencent Holdings , and its earlier …

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How Tony the Tiger, Pillsbury Doughboy and Michelin Man became cultural icons

How Tony the Tiger, Pillsbury Doughboy and Michelin Man became cultural icons

A few aisles later, chances are you’ll spot Betty Crocker, Kool-Aid Man, Elmer the Bull, Pillsbury Doughboy, Energizer Bunny and more. And, of course, the characters aren’t just in stores. Colonel Sanders, Ronald McDonald and the Burger King are synonymous with fast-food chains. The Michelin Man sells tires. Geico Gecko, Aflac Duck and Flo from …

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Oil price cap could strike Russia's war chest — if enforced

Oil price cap could strike Russia’s war chest — if enforced

GARMISCH-PARTEIRCHEN, Germany (AP) — Leaders of the world’s biggest development are weighing a cap on the price of Russian oil meant to strike at the main pillar of the Kremlin’s finances following its invasion of Ukraine — and to limit the havoc that high energy prices are wreaking worldwide. Details haven’t been agreed at the …

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This first half ranks among the market’s worst on record. Here’s what typically happens next

Avoidable or inevitable recession? Billionaire David Rubenstein’s view

Much of the US market focus has been on the Federal Reserve’s more aggressive interest rate hikes as a reason to fear recession. But Carlyle Group co-founder and co-chairman David Rubenstein, a billionaire investor and philanthropist, says the economy’s path may be beyond the central bank’s control, and two other global players are more important …

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This ‘underappreciated’ black swan could bring fresh chaos to the global economy

New week, same bounce. Stock futures point to fresh gains as investors grow optimism that a bond rout is ending, and the Fed’s rate-hike plans will get pruned due to a global slowdown. Of course, that optimism comes as discontent grows around the world from high commodity prices that have driven up food prices, cramped …

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