Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Market Resilience: US Futures Recover After Initial Shock from Israel-Iran Tensions


In the wake of heightened geopolitical tensions following an Israeli strike on Iranian targets, US stock market futures experienced a significant downturn. The initial reaction saw a flight to traditional safe havens, with gold prices surging and oil markets fluctuating. However, as the day progressed, a sense of stability began to return to the markets.

  • Initial Panic: The news of Israel’s retaliatory strike against Iran caused a knee-jerk reaction.
  • Safe Haven Surge: Investors rushed to gold and oil, seeking security amid the uncertainty.
  • Stabilizing Markets: Despite the early scare, US futures have started to recover, indicating a robust market resilience.
  • Investor Watchfulness: The situation remains fluid, with investors closely monitoring any further developments in the Middle East.

As the market steadies itself, the focus now shifts to the Federal Reserve’s interest rate decisions and upcoming corporate earnings reports, which could further influence market movements. The resilience of US futures today underscores the market’s ability to weather geopolitical storms and adapt to evolving global events.

Labels:

Comments

Post a Comment