Ben & Jerry’s co-founder resigns after feud with parent Unilever over Gaza conflict

Ben & Jerry's co-founder has resigned due to concerns over Unilever's control of the company. This resignation highlights ongoing tensions between the brand's social mission and corporate governance, raising questions about the future direction of the beloved ice cream company. It matters because it reflects broader issues in the food industry regarding corporate responsibility and the balance between profit and social values.

Jerry Greenfield, co-founder of Ben & Jerry's, has announced his resignation after nearly 50 years, citing Unilever's suppression of the brand's social mission as a key reason. This decision, described by Greenfield as one of the hardest he's ever made, highlights ongoing tensions between corporate interests and social responsibility. It raises important questions about the future direction of Ben & Jerry's and the impact of corporate ownership on social activism.

Ben & Jerry's co-founder, Ben Greenfield, has resigned, citing concerns over Unilever's attempts to silence the brand's social activism. This resignation highlights ongoing tensions between corporate interests and social responsibility, raising questions about the future direction of the iconic ice cream company. Greenfield's departure could signal a shift in the company's commitment to its progressive values, which have been a hallmark of its identity.

Jerry Greenfield, co-founder of Ben & Jerry's, has resigned after 47 years, citing concerns over Unilever's perceived silencing of the brand's social mission. This resignation highlights ongoing tensions between the iconic ice cream company and its UK parent, raising questions about corporate responsibility and the impact of ownership on social values. Greenfield's departure is significant as it underscores the struggle between profit motives and social activism in the food industry.

Retired Rear Admiral Mark Montgomery recently shared insights on the risks associated with Israel's ground offensive into Gaza City during an appearance on Forbes Newsroom. He highlighted the potential dangers not only for the Israel Defense Forces (IDF) but also for the civilians in Gaza. This discussion is crucial as it sheds light on the complexities of military operations in densely populated areas and the humanitarian implications that arise from such conflicts.

LimeWire's new owners are looking to breathe new life into the infamous Fyre Festival brand, which gained notoriety for its disastrous execution and the subsequent legal troubles of its co-founder. This move comes eight years after the festival's failure, raising eyebrows and questions about the potential for a revival. While some may see it as a bold attempt to capitalize on the festival's notoriety, others are left wondering what could possibly go right this time.

Israeli stocks are experiencing a decline, marking a potential five-day losing streak as military actions in Gaza escalate, causing concern among investors.

Editor’s Note: This situation is significant as it reflects the impact of geopolitical tensions on financial markets. Investors are worried about the ongoing conflict and its implications for economic stability in the region.

Unilever has appointed Srinivas Phatak as its new Chief Financial Officer, marking a significant leadership change within the company. Phatak brings extensive experience in finance and strategy to the role.

Editor’s Note: This appointment is crucial as Unilever seeks to strengthen its financial strategies and adapt to changing market conditions. Phatak's expertise is expected to drive the company's growth and innovation.

Unilever has appointed Srinivas Phatak as its new Chief Financial Officer, following the promotion of the previous CFO to CEO. This move highlights the company's commitment to internal talent development.

Editor’s Note: This appointment is significant as it reflects Unilever's strategy of promoting from within, ensuring continuity in leadership. Phatak's experience within the company positions him well to guide its financial strategies moving forward.

The conflicts in Ukraine and Gaza have reshaped political divisions in the West, moving beyond traditional left-right ideologies.

Editor’s Note: Understanding how these wars are altering political landscapes is crucial as it reflects changing values and alliances in the West, impacting future policies and international relations.

US Secretary of State Marco Rubio met with Israeli Prime Minister Benjamin Netanyahu to discuss the ongoing conflict in Gaza and the push by far-right ministers to annex parts of the West Bank.

Editor’s Note: This meeting is significant as it highlights the US's role in Middle Eastern diplomacy, especially amid rising tensions in the region. The discussions could influence future US policies and actions regarding the Israeli-Palestinian conflict.

Microsoft's recent $30 billion investment in the UK is set to revolutionize the country's AI landscape. This significant financial commitment not only underscores Microsoft's confidence in the UK's tech potential but also promises to create thousands of jobs and foster innovation. As AI continues to shape industries globally, this investment positions the UK as a key player in the tech arena, attracting further investments and talent.

China has implemented a ban on its tech companies from purchasing Nvidia's AI chips, a move that underscores Beijing's commitment to enhancing its semiconductor independence amid rising competition with the United States. This decision is significant as it reflects China's strategic shift towards self-reliance in technology, which could have far-reaching implications for the global tech landscape and the ongoing tech rivalry between the two nations.

Indonesia's central bank has surprised markets by cutting interest rates, despite expectations to maintain them amid political uncertainty. This move is significant as it reflects the bank's confidence in stimulating economic growth, which could lead to increased investment and consumer spending, benefiting the overall economy.

The discussion around public companies potentially abandoning quarterly reports is heating up, and it could lead to significant changes in the tech investing landscape. While less frequent reporting might encourage better long-term decision-making, it also raises concerns about increased speculation and volatility in the market. This shift could impact investors' strategies and the overall stability of tech stocks, making it a crucial topic for anyone involved in the financial sector.

In August, the UK's overall inflation rate held steady at 3.8%, but food prices have surged for the fifth consecutive month, marking the fastest growth since January 2024. Key staples like vegetables, milk, cheese, and fish have seen significant price increases. This trend is noteworthy as it may influence the Bank of England's decision on interest rates, which are expected to remain unchanged. The pound has remained stable against the dollar, reflecting market reactions to the inflation data. Understanding these dynamics is crucial for consumers and investors alike, as they navigate the implications of rising food costs.

Deutsche Bank has lowered its price target for SThree's stock to GBP 2.90, reflecting concerns over mixed regional performance. This adjustment highlights the challenges SThree faces in maintaining consistent growth across different markets, which could impact investor confidence and the company's future prospects.