- Green: Dems struck a surprise deal with Senator Manchin on a major climate and tax bill. The slimmed-down Build Back Better-esque proposal includes $60B for clean energy infrastructure and new tax credits for EV buyers.
- Short: Reckitt is cashing in on the national baby formula shortage. The Lysol-makers’ share of the US formula market has surged from 40% to 55%. Now, regulators may loosen rules to boost competition and production.
- Glossy: Gen Z-fave cosmetics brand Glossier will sell its products in Sephora’s stores and sites starting next year. A broader physical presence could be key to success as digi-storefronts get overcrowded.
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