Some WSJ Reads
BUSINESS: Why the Baby-Formula Market Is a Mess: Low Competition, High Regulation
The WIC program and regulations tamp down competition, resulting in Similac and Enfamil controlling the bulk of an inflexible, $4 billion U.S. formula market. It cracked when a major factory halted production.
https://www.wsj.com/articles/why-the-baby-f...share_permalink-------------------------------------------------------------------------------------------------------
BUSINESS: Does Your Mayo Need a Mission Statement?
Unilever is pushing for each of its 400 brands to have a social or environmental purpose. So far, investors aren’t encouraged.
https://www.wsj.com/articles/unilever-purpo...share_permalink----------------------------------------------------------------------------------------------------
MARKETS: FINANCIAL REGULATION
SEC Probe Looms Over Auditors’ Fastest-Growing Businesses
Potential conflicts of interest increase as profits from nonaudit work soar
https://www.wsj.com/articles/sec-probe-loom...share_permalink------------------------------------------------------------------------------------------------------
MARKETS: HEARD ON THE STREET
Tech Rout May Take the Shine Off Cartier’s Owner
Investors would like Swiss luxury group Richemont to sell its loss-making online-fashion retailer. That is unlikely with technology stocks in the doldrums.
https://www.wsj.com/articles/tech-rout-may-...share_permalink------------------------------------------------------------------------------------------------------
MARKETS: HEARD ON THE STREET
Mercedes-Benz’s Luxury Pitch Needs Tougher Road Testing
Consumers see the German car brand as more luxurious than investors do. Only smooth driving in stormy conditions can bridge the gap.
https://www.wsj.com/articles/mercedes-benzs...share_permalinkThis post has been edited by TOS: May 21 2022, 08:42 PM