Business Report:P&G annual profit slips despite higher prices

Procter & Gamble said Friday it expects rising commodity costs, which have driven consumer prices higher, will ease in the next 12 months. [Read in browser]( [Read in browser]( Business Report LATEST BUSINESS NEWS THROUGHOUT GREATER CINCINNATI Fri Jul 28 2023 [P&G annual profit slips despite higher prices]( [Great American Tower, left, and Procter & Gamble headquarters in downtown Cincinnati seen from Mt. Adams Sunday, May 26, 2023.]( Procter & Gamble said Friday it expects rising commodity costs, which have driven consumer prices higher, will ease in the next 12 months. [READ MORE]( Advertisement [Business news brief file photo]( [Company to bring new facility, 144 new jobs to NKY]( A paper product manufacturer will bring its new facility to Boone County, creating new jobs in the process. [READ MORE]( [Nth Cycle has developed 'the Oyster' to produce a mix of nickel and cobalt from metal scrap and electronics waste. It has leased a building on LeSaint Drive in Fairfield for its business]( [Nth Cycle to open first production facility in Fairfield this year]( The process uses shredded materials from battery makers and extracts a mixture of nickel and cobalt. [READ MORE]( [Cans of Bud Light chill in a refrigerator in Oakland, Calif., Friday, April 28, 2023.]( [Anheuser-Busch to lay off hundreds of employees after Bud Light boycott]( Anheuser-Busch is laying off hundreds of positions after Bud Light lost its spot as the top-selling U.S. beer. [READ MORE]( [Vivek Sankaran CEO at Albertsons Companies, speaks during a Senate Judiciary Subcommittee on Competition Policy, Antitrust, and Consumer Rights hearing on the proposed Kroger-Albertsons grocery store merger, at the Capitol in Washington, Tuesday, Nov. 29, 2022. (AP Photo/Mariam Zuhaib)]( [Grocery unions: Albertson payouts to execs in Kroger deal 'outlandish']( Union members blasted the "outlandish payouts" to Albertsons executives in the Kroger merger as line workers fret over their job security. [READ MORE]( [Amy Wagner and Steve Sprovach, Allworth Advice]( [The tax ‘sweet spot’ in retirement | Allworth Advice]( This is a weekly column for The Enquirer [READ MORE]( Sign up for the news you want Exclusive newsletters are part of your subscription, don’t miss out! We’re always working to add benefits for subscribers like you. [SEE ALL NEWSLETTERS ➔]( [SEE ALL NEWSLETTERS ➔]( Advertisement [Newsletters]( | [eNewspaper]( | [Crosswords]( Follow Us Problem viewing email? [View in browser]( [Unsubscribe]( • [Manage Newsletters]( • [Terms of Service]( • [Privacy Policy/Your California Privacy Rights]( • [Privacy Notice]( • [Do Not Sell My Info/Cookie Policy]( • [Feedback](