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CEOs Are Obsessed With ‘Elasticity’ as Inflation Soars. Here’s Why.

When companies raise prices, they make assumptions about the strength of their brands and how inflation affects their typical customers — earnings at the mass-market retailer Target have plunged because […]




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Kellogg Workers Prolong Strike by Rejecting Contract Proposal

About 1,400 striking workers at four Kellogg cereal plants in the United States have rejected a tentative agreement on a five-year contract negotiated by their union, the company said on […]