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New York (AFP) - Is the Tupperware era ending? The 77-year-old US company, known for its trademark plastic food storage containers, warned of "substantial doubt" about its ability to keep operating in light of its poor financial position, according to a recent regulatory filing. When the market opened on Monday following its April 7 disclosure, shares of the company plunged 50 percent and lingered at the depressed level in successive days. On Thursday, however, shares staged a partial rebound, rising about 25 percent. The company's roots date to 1946, when chemist Earl Tupper "had a spark of i...
AFP
Washington (AFP) - Manicured fingers meticulously place cash in transparent envelopes marked "food," "gas" and other categories, demonstrating in a TikTok video a retro technique for controlling what you spend that is newly popular with some money-conscious Americans. Returning to cash to control spending may be old fashioned, but in an era of high inflation, a growing number of consumers find that it works. Judia Griner, 25, started "cash stuffing" two years ago when she was a student at Old Dominion University in Virginia. Now, her TikTok account has more than 200,000 followers. "I was like,...
AFP
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