Also . . .
- Share via
* Procter & Gamble Co. will cut the price of its top-selling Folgers coffee for a second time this year because of falling prices for raw beans. The suggested retail price of a 13-ounce can of Folgers regular ground will be trimmed by 10 cents to $1.75, effective Oct. 8.
*
Maytag Corp. agreed to sell its G.S. Blodgett commercial-cooking business to Middleby Corp. for $95 million in cash and notes, less than Maytag paid for it four years ago, to focus on home appliances.
*
Bank of America Corp.’s securities unit is firing 50 to 60 professionals in its equity research, sales and trading group, a person familiar with the situation said.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.