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Jerry Greenfield Quits Ben & Jerry’s After 47 Years, Citing Unilever “Silencing” Over Gaza

  Unilever and Ben & Jerry's have clashed since 2021, when the ice cream maker said it would stop sales in the Israeli-occupied West Bank. Ben & Jerry’s co-founder Jerry Greenfield has resigned after nearly five decades at the iconic ice cream brand, deepening a long-running feud with parent company Unilever over its stance on the Gaza conflict. In an open letter shared by partner Ben Cohen, Greenfield said the company’s independence — enshrined in its 2000 merger agreement with Unilever — had eroded, leaving its social mission “silenced.” The rift traces back to 2021, when Ben & Jerry’s halted sales in Israeli-occupied West Bank settlements, a move Unilever opposed. The dispute escalated as the brand’s social mission board described Israel’s war on Gaza as “genocide,” a rare position for a major U.S. company. Unilever’s ice cream division, Magnum, thanked Greenfield for his contributions but rejected his claims, saying it sought constructive dialogue to preserve the...
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C$ falls to a four-week low against the US dollar as investors watch the economy's reaction to rate hikes

 


The Canadian dollar (C$) has slipped against the US dollar as investors are keeping a close eye on the economy's reaction to rate hikes. The C$ fell to a near four-week low against the US dollar, trading 0.4% lower at 1.3395 to the greenback, or 74.65 US cents. The Bank of Canada (BoC) has said that a slowdown in the domestic economy is an indication that its monetary policy is working. Money markets expect the central bank to cut its benchmark interest rate in April after holding it at a 22-year high of 5% for a third straight policy meeting in December. Canadians borrowed heavily during the pandemic to participate in a red-hot housing market. The BoC has said that the domestic economy is particularly sensitive to higher borrowing costs. 



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