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May 1, 2021

COSTS

Clorox weighs price increases on products in response to inflationary costs

CNBC
CNBC – For more and to sign up click here Clorox is considering higher shelf prices for its cleaning products as the company confronts inflationary costs. In an appearance on CNBC Friday, CEO Linda Rendle told Jim Cramer the bleach producer, whose sales accelerated amid the ongoing health crisis, is......

MP reports Boris Johnson to standards watchdog over flat costs

BBC
The Parliamentary Commissioner for Standards, Kathryn Stone, can put her evidence to the Standards Committee and recommend action. A meeting of the House of Commons can also consider the Committee’s findings, and vote to suspend an MP for any amount of time between five days and 12 months. BBC –......

NFL game betting-line typo costs BetMGM $10K

ESPN
ATLANTIC CITY, N.J. — Talk about a no-brainer! A typographical error in a betting line on a Cleveland Browns–Kansas City Chiefs playoff game in January led to a $10,500 windfall for nine eagle-eyed bettors. The error was revealed last week by the New Jersey Division of Gaming Enforcement, which fined......

Business of Football: Bad Timing Costs Trevor Lawrence a Fortune

Sports Illustrated
http://www.si.com/.image/c_limit%2Ccs_srgb%2Cfl_progressive%2Ch_1200%2Cq_auto:good%2Cw_1200/MTgwNDYyODk0MjAxMTg2MTU2/trevor-lawrence-victim-of-timing.jpg Andrew Brandt After a decorated career at Clemson that included one national championship, a runner-up and another semifinal appearance in his three years at the helm, quarterback Trevor Lawrence is now poised to become the top pick in the 2021 NFL draft. On the field, scouts have labeled him......

Air pollution costs Indian businesses $95 billion a year – study

Reuters
Mumbai Monorail passes through a slum area on a smoggy morning in Mumbai, India, January 7, 2021. REUTERS/Niharika Kulkarni/Files Air pollution costs Indian businesses $95 billion every year, or 3% of the country’s Gross Domestic Product, and cuts annual consumer spending by $22 billion, according to a study released on......

Procter & Gamble will raise prices in September to fight higher commodity costs

CNBC
CNBC – For more and to sign up click here Pampers Diapers, which are manufactured by Procter & Gamble, are displayed in an Associated Supermarket in New York. Ramin Talai | Bloomberg | Getty Images Procter & Gamble announced on Tuesday that it will hike prices on baby care, feminine......

Coca-Cola CEO says company will raise prices to offset higher commodity costs

CNBC
CNBC – For more and to sign up click here James Quincey, the CEO of The Coca-Cola Company, speaks during an interview with CNBC on the floor at the New York Stock Exchange, December 9, 2019. Brendan McDermid | Reuters Coca-Cola will raise prices on its drinks to combat the......

Report: Illinois’ lawsuit-friendly environment costs $1,000 per resident

WashingtonExaminer
USA TODAY – For more and to sign up click here A new report estimates Illinois’ judicial system, often criticized for outsized settlements and what’s known as “rocket dockets” that whisk some cases through faster than others, costs each Illinois resident more than $1,000 per person. Citizens Against Lawsuit Abuse,......

ECB doesn’t want a premature spike in borrowing costs, Dutch governor says

CNBC
CNBC – For more and to sign up click here A woman walks past a closed cafe as Rome becomes a ‘red zone’, going into lockdown, as the country struggles to reduce the coronavirus disease (COVID-19) infections, in Rome, Italy, March 15, 2021. Yara Nardi | Reuters LONDON  — European......

Here’s what it costs to work remotely in 4 global hotspots

CNBC
CNBC – For more and to sign up click here Google may be calling people back into the office, but many other companies — not to mention entrepreneurs — are still committed to remote work. From Croatia to Barbados, destinations provide vastly different experiences for foreigners who wish to work......

Many older millennials are burdened by housing costs, and it could keep them from reaching other financial goals

CNBC Real Estate
As millennials begin to turn 40 in 2021, CNBC Make It is launching Middle-Aged Millennials, a series exploring how the oldest members of this generation have grown into adulthood amid the backdrop of the Great Recession and the Covid-19 pandemic, student loans, stagnant wages and rising costs of living. When it......

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