P&G Plans to Eliminate 100 Brands

Aug. 4 (Bloomberg) -- Procter & Gamble plans to sell, discontinue or otherwise eliminate as many as 100 brands in the next two years to cut costs and focus on its most important product lines. The shares rose the most in two months. Julie Hyman reports on “In The Loop.” (Source: Bloomberg)

Daybreak: What You Need to Know Today July 29
26:22 - Countdown's Anna Edwards gives you the top stories on Daybreak, Bloomberg's new custom morning briefing. Details surrounding the yen's surge as Kuroda disappoints, European bank stress-test results - and more - are available on {DAYB}.
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