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In June 2022, the Consumer Price Index (CPI) measure of inflation hit an annualized rate of 9.1%, which was the highest level in 40 years, and far above the U.S. Federal Reserve's target of 2%.
A credit rating agency (CRA, also called a ratings service) is a company that assigns credit ratings, which rate a debtor's ability to pay back debt by making timely principal and interest payments and the likelihood of default.
In January 2023, Amazon cut over 18,000 jobs, primarily in consumer retail and its human resources division in an attempt to cut costs. On November 8, 2023, a plan was adopted for Jeff Bezos to sell approximately 50 million shares of the company over the next year (the deadline for the entire sales plan is January 31, 2025). The first step was ...
The company was the official jersey sponsor of Finland's national basketball team at EuroBasket 2015. The company was a major sponsor of the Toyota Gazoo Racing WRT (2017–2020). The company was a sponsor of the Renault F1 Team (2016–2020). Philanthropy. In 2015, Microsoft Philanthropies, an internal charitable organization, was established.
Procter & Gamble also was the first company to produce and sponsor a prime-time serial, a 1965 spin-off of As the World Turns called Our Private World. In 1979, PGP produced Shirley , a prime-time NBC series starring Shirley Jones , which lasted 13 episodes.
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