Procter & Gamble Slashes 7,000 Jobs
The maker of Bounty paper towels, Dawn dish soap, Pampers diapers, Tide detergent, and Gillette razors—Procter & Gamble—announced a restructuring plan at a Paris-based conference earlier today, revealing plans to slash upwards of 7,000 jobs, or about 15% of its global non-manufacturing workforce over the next two years. The move comes amid uneven consumer demand and a challenging macro environment, exacerbated by ongoing tariff uncertainty.
Source: Procter & Gamble To Axe 7,000 Jobs Amid “Challenging Environment”
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Today’s Birthday
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James Buchanan "Diamond Jim" Brady (1856)August 12, 2026
Financier and philanthropist "Diamond Jim" Brady exemplified the American Dream. He started out as a bellboy and messenger before getting a job with the New York Central Railroad and then working his way up through the industry, eventually amassing a fortune selling railroad supplies. With his newfound wealth, he indulged in his two greatest weaknesses: food—one restaurant owner reportedly called him "the best 25 customers I ever had"—and jewels. What was supposedly a typical meal for Brady?
Financier and philanthropist "Diamond Jim" Brady exemplified the American Dream. He started out as a bellboy and messenger before getting a job with the New York Central Railroad and then working his way up through the industry, eventually amassing a fortune selling railroad supplies. With his newfound wealth, he indulged in his two greatest weaknesses: food—one restaurant owner reportedly called him "the best 25 customers I ever had"—and jewels. What was supposedly a typical meal for Brady?Today’s Holiday
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Queen's Birthday (Thailand)August 12, 2026
The Queen's Birthday is a nationwide celebration in Thailand of the birthday of Her Majesty Queen Sirikit (b. 1932). Throughout the country, buildings are decorated to honor the queen, but the most splendid are in Bangkok, where buildings and streets are brilliant with colored lights.
The Queen's Birthday is a nationwide celebration in ARTICLE OF THE DAY
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Lake MalawiAugust 12, 2026
The third largest lake in Africa and ninth largest in the world, Lake Malawi is bounded on the west and south by Malawi, on the east by Mozambique, and on the north by Tanzania. Also known as Lake Nyasa—so named by Scottish missionary David Livingstone in 1859—it is approximately 360 miles (580 km) long with an average width of 25 miles (40 km). Fed by 14 rivers, it is home to more than 200 recorded species of fish—making it one of the most species-diverse lakes in the world. How deep is it?
The third largest lake in Africa and ninth largest in the world, Lake Malawi is bounded on the west and south by Malawi, on the east by Mozambique, and on the north by Tanzania. Also known as Lake Nyasa—so named by Scottish missionary David Livingstone in 1859—it is approximately 360 miles (580 km) long with an average width of 25 miles (40 km). Fed by 14 rivers, it is home to more than 200 recorded species of fish—making it one of the most species-diverse lakes in the world. How deep is it?
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