Procter & Gamble

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FDA questions use of zinc in denture cream

The Food and Drug Administration suggested manufacturers consider taking zinc out of denture cream, after reports of neurological problems that might be associated with zinc poisoning.

Zinc is a mineral naturally present in some foods, available as a dietary supplement and added to certain products. Zinc has been added to denture cream to boost its adhesive properties. The FDA said in a Feb. 23 letter sent to denture-adhesive manufacturers that it’s received “numerous reports of adverse events related to the use of denture creams” consistent with zinc toxicity. Get the full story »

Gillette drops Tiger Woods as spokesman

Procter & Gamble Co.’s Gillette brand will not renew its endorsement contract with golfer Tiger Woods, which ends Dec. 31, a company spokesman confirmed Thursday.

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CPSC: No link between new Pampers, rashes

Government safety officials have not found a connection between a new kind of Pampers diapers and the severe skin reactions reported by some parents’ groups.

The Consumer Product Safety Commission said Thursday that it has reviewed 4,700 complaints but found no specific cause linking Pampers diapers with new Dry Max technology to diaper rash. Get the full story »

FDA looks at regulating drug in cough medicine

Federal health regulators are weighing restrictions on Robitussin, NyQuil and other cough suppressants to curb abuse that sends thousands of people to the hospital each year.

The Food and Drug Administration on Tuesday posted its review of dextromethorphan, an ingredient in more than 100 over-the-counter medications that is sometimes abused for its euphoric effects. The practice, dubbed “robotripping,” involves taking more than 25 times the recommended dose of a cold medicine and is mainly associated with teenagers. Get the full story »

Buffett’s Berkshire trims Kraft, doubles J&J

Warren Buffett’s company has partially rebuilt the stake in Johnson & Johnson he reduced over the past two years to raise cash for other investments, and Berkshire Hathaway Inc. boosted its investment in Wal-Mart Stores Inc. during the second quarter. Berkshire detailed its $46.4 billion U.S. stock holdings Monday in a filing with the Securities and Exchange Commission.

The document revealed several changes in the Omaha-based company’s portfolio between March 31 and the end of June, including decreases in Berkshire’s holdings in Kraft Foods, ConocoPhillips, Procter & Gamble and M&T Bank. Berkshire also increased its stakes in Becton Dickinson & Co., Nalco Holding Co. and Sanofi Aventis. Get the full story »

Charmin to back off claim it leaves less behind

Charmin said it will back off some claims disputed by the maker of Cottonelle. (P&G)

Charmin’s bare-bottom bears can keep dancing around celebrating their joy over extra-strength toilet paper, but the advertising industry’s self-regulatory body says Procter & Gamble Co. needs to back off a bit on one claim.

The National Advertising Division Council of Better Business Bureaus says it investigated P&G’s Charmin Ultra Strong advertising after a challenge by rival Kimberly-Clark Corp., maker of Cottonelle Ultra Ripple. Get the full story »

Procter & Gamble to sponsor next 5 Olympics

Procter & Gamble Co. said it will sponsor the next five Olympic Games, through 2020.

The deal, announced with the International Olympic Committee, starts with the 2012 Summer Olympics in London. Financial terms were not disclosed. Get the full story »

Sara Lee completes sale of Ambi Pur

Sara Lee has completed the sale of its Ambi Pur air freshener unit to Procter & Gamble Co. for $402 million. Ambi Pur has a presence in 80 countries, and also has several toilet care products, with strong presence in Western Europe and Asia.

“This divestiture will further enable Sara Lee to focus its efforts in areas where we have a strong competitive position and can generate shareholder value,” said Marcel Smits, interim chief exective of  Sara Lee Corp.

Scope recalled over defective caps

Consumer products maker Procter & Gamble Co. on Friday recalled certain one-liter bottles of Scope Original Mint and Scope Peppermint mouthwash in the U.S. and Canada because their child-resistant caps might malfunction.