Unilever, the company that makes Ben & Jerry’s ice cream, Dove soaps and Vaseline, said Tuesday that it is cutting 7,500 jobs and spinning off its ice cream business to reduce costs and boost profits.
The world’s biggest ice cream business is about to go it alone. Unilever announced Tuesday that it plans to spin off its ice cream unit as part of a drive to boost sales and profitability, which will also entail cutting around 6% of the workforce. After a century-long endeavor, Unilever now dominates the global ice cream market, with its brands sold around the world. “Following separation, Unilever will become a simpler, more focused company,” it said in a statement. The newly minted firm will...
The US ambassador to China said Friday that Beijing’s position on a potential TikTok ban in the United States was “supremely ironic” given the ruling Communist Party’s censorship of online platforms within its borders. The US House of Representatives overwhelmingly approved a bill on Wednesday that would force the wildly popular short-video app to break […]
MONROVIA, Liberia—Women’s rights activists were jubilant when Ellen Johnson Sirleaf became Liberia and Africa’s first democratically elected female president in 2005. It was a historic achievement for Liberia and the continent, where women struggle for representation in male-dominated societies. By R. Joyclyn Wea with New Narratives But two decades later the number of women holding []
Arkose Labs, the global leader in bot management and account security, has been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024, ranking in the top 10 for the security category. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240319698533/en/ Arkose Labs ranks as a top 10 security
UPDATE: JASPER COUNTY, Mo. — One man is dead after an argument led to shots fired at a Southwest Missouri business. Deputies with the Jasper County Sheriff's Office responded to Hillbilly Pumping and Hauling near Schifferdecker and Zora Road around 9:45 a.m. on Monday (3/25). There, they found Travis Wyrick, 37, dead from gunshot wounds. []
Unilever plans to spin off its ice-cream business and could consider a sale, with 7,500 jobs potentially being affected.
The National Secretary of the Social Democratic Party, Dr Olu Agunloye has said that the visit of former Kaduna State governor, Nasir El-Rufai, to the Abuja National Secretariat of the party is not political. Agunloye specifically said that the ex-governor’s visit had nothing to do with the 2027 general election. El-Rufai, who had abandoned political Read More
Unilever announced Tuesday that it would spin off all of its ice cream
GEORGETOWN COUNTY, S.C. (WBTW) — Blood testing done after two inmates overdosed at the Georgetown County Detention Center showed showed the presence of fentanyl, Sheriff Carter Weaver's Office said Thursday afternoon. Shelby Ashby 23, and Alecia Childers, 34, were found unresponsive in their cells on Friday. Weaver's office said Thursday that Ashby died and Childers []
“But people are really, even hard-liners are agreeing, seems to be, 15 weeks seems to be a number that people are agreeing at. But I’ll make that announcement at the appropriate time.”
Multinational conglomerate Unilever, the owner of some 400 brands, announced Tuesday it is spinning off its ice cream business — including major names like Ben & Jerry's, Breyers, Magnum, Popsicle and Klondike — after more than a century. The consumer goods giant said the move is part of a growth strategy to create a leaner business. At the same time, by shedding Ben & Jerry's, Unilever is ridding itself of a longtime headache. Since its founding in 1978, Ben & Jerry's has been known for its...