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“#Kimberly-Clark, Kleenex and Cottonelle maker, raises prices” Kimberly-Clark said Wednesday it would raise prices on many of its products including Scott toilet paper, tissues and diapers in the United States and Canada to offset rising commodity costs. The company saw its products roll off supermarket shelves as shoppers stockpiled essential staples ahead of curfews and…
“#Drugmakers to hike prices for 2021 amid COVID, political pressures” Drugmakers including Pfizer, Sanofi, and GlaxoSmithKline plan to raise US prices on more than 300 drugs in the United States on Jan. 1, according to drugmakers and data analyzed by healthcare research firm 3 Axis Advisors. The hikes come as drugmakers are reeling from effects of the COVID-19 pandemic, which…
“#Pilgrim’s Pride reaches plea deal over chicken price-fixing” Pilgrim’s Pride has reached a plea agreement with the US government over charges of price-fixing in the chicken industry. Under the agreement, Pilgrim’s Pride would pay a fine of $110.5 million as a penalty for restraining competition in three separate contracts with a US customer. In exchange,…
“#Crack down on the COVID-19 PPE price-gougers” The nation has now passed 200,000 coronavirus deaths, and even President Trump himself has contracted COVID. It’s clearer than ever that we are struggling to protect ourselves from this deadly virus. Yet most despicably, some people are trying to profit off this nightmare using an outrageous practice: price-gouging….