Consumer-products giant Procter & Gamble Co. reported its biggest U.S. sales increase in decades as Americans stocked up on household mainstays from laundry detergent to cough medicine as the coronavirus pandemic spread across the country.

Increased demand in P&G’s home market more than offset steep declines in China, its second-largest market, where closed factories, roads and stores stymied production and kept consumers from buying.

Read More