Americans are still working through the stockpiles of toilet paper they began hoarding at the onset of the pandemic — and now sales are tanking, a new report says. Toilet paper sales in January were 4.3 percent lower than the same month last year, before the onset of COVID-19 spurred consumers to amass rolls by the dozen, according to the Wall Street Journal. That was followed by a 14 percent year-over-year slide in February and a 33 percent plunge in March, reflecting the explosion of panic buying that swept the nation last spring, the paper reported Wednesday, citing data from NielsenIQ. While Americans are largely still working and studying from home like they were a year ago, some now appear to have excess supplies of toilet paper that they’re waiting to burn through before getting more, according to the report. “They just kept amassing,” Marjorie Greenburgh of New Rochelle, New York, told the Journal, noting that she has 54 rolls stashed around her house. Toilet paper sales in January were 4.3 percent lower than the same month last year.Getty Images “I’m not planning on buying for a while,” she reportedly said. Things have also changed for manufacturers — papermaking mills are
Microsoft is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications for about $16 billion, according to a source familiar with the matter. The price being discussed could value Nuance at about $56 a share, the source said, adding that an agreement could be announced as soon as Monday. Nuance shares closed Friday at $45.58. Bloomberg News, which first reported the deal (paywall) between Nuance and Microsoft, said talks are ongoing and the discussions could still fall apart. Burlington, Mass.-based Nuance whose voice recognition technology helped launch Apple’s assistant Siri, makes software for sectors ranging from healthcare to the automotive industries. The deal with Nuance would be Microsoft’s second-biggest deal, after its $26.2 billion acquisition of LinkedIn in 2016. Microsoft and Nuance did not respond to Reuters’ request for comment.
Virgin Islands Department of Licensing and Consumer Affairs
Department of Licensing and Consumer Affairs (DLCA) Commissioner Richard T. Evangelista reminds consumers that there are individuals...