Receive Breaking News updates as they occur
NEW YORK (AP) — After more than 16 years and nearly 2,600 telecasts, Jon Stewart can feel proud of his scads of Emmys and his Peabody Award, his cultural gravitas (he hung with the Prez, both on and off the air!), even his reprobate status at Fox News.
Procter & Gamble reported a large drop in quarterly earnings Thursday on lower sales and a hefty charge on operations in Venezuela following major currency fluctuations there. P&G attributed most of this decline to the strong dollar. The biggest factor in the earnings drop was a $2.1 billion charge to change P&G's accounting for its Venezuela operations following a series of foreign exchange policy changes in the South American country.