Kraft's third-quarter profits, which were announced this morning
, slightly beat analysts'
expectations, as did Kellogg's earnings. Procter & Gamble profits are up 9% for the quarter, Reuters reports
, as consumers seem to be willing to pay price increases imposed to
offset higher commodity and energy costs.
And on the media front, Times
editor Bill Keller
told a newsroom gathering that "I do not see another round of newsroom
staff reductions on the horizon," according to Fishbowl NY
Read the whole story at Reuters, Fox Business News, Fishbowl NY »