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Tupperware Brands

Downward trend in the USA after Fed's double rate cut

The American central bank, Federal Reserve, decided on a double rate cut on Wednesday. Trading before the interest rate decision was cautious and the cut did not lead to any violent index movements on the New York Stock Exchange.

Downward trend in the USA after Fed's double rate cut

Crisis for Tupperware – Seeks Bankruptcy Protection

Tupperware Brands, the American manufacturer of kitchen gadgets and various types of containers, has applied for bankruptcy protection. A prolonged period of declining sales and price pressure ultimately became too much.

Crisis for Tupperware – Seeks Bankruptcy Protection