Amanda Gomez joined Reuters Breakingviews in January 2018. She previously held internships at CNN International and Argentina's Clarín newspaper. She has also worked as a business journalist at TheStreet.com covering the stock market and written about the food industry at trade publication The Food Institute. She completed her master’s degree at Columbia Journalism School in 2017 and has a bachelor’s in journalism and media studies from Rutgers University.
Healthy consumers helped the consumer-goods giant report strong sales. Even its troubled razor business has sharpened up a little. P&G is following activist Nelson Peltz’s advice and trying new things. With costs rising and pricing power weak, it can’t afford to slacken the pace.
The official death toll from last year’s hurricane has just jumped almost 50-fold. The delay is emblematic of San Juan’s longer-term problems tracking and recording everything from paying workers to collecting taxes. Without improvement, it’ll be tough for the island to prosper.
The natural-food distributor is paying $2.9 billion for grocery wholesaler Supervalu – a clear attempt to bulk up in response to Amazon’s foray into food retail. UNFI is getting a good deal thanks to generous cost cuts, but the amount of debt it is taking on makes this risky.