Companies

Feb 18: Where will US tax rebate cheques be spent?

Jonathan Birchall discusses the US tax rebate cheques due to arrive in millions of American mailboxes beginning this spring. Makers of food and basic goods - such as Procter & Gamble and Kimberly-Clark - stand to benefit, as do retailers like Wal-Mart. Higher-end retailers that do not sell such goods may not see much of a gain, however