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☆ Unilever to Cut 7,500 Jobs and Spin Off Ben & Jerry’s Ice Cream Unit
▼ + stars: | 2024-03-19 | by ( Jason Karaian | ) www.nytimes.com time to read: +1 min

Unilever, the consumer goods giant, said on Tuesday that it would cut 7,500 jobs and spin off its ice cream unit, which includes Ben & Jerry’s, to reduce costs and simplify its portfolio of brands. The moves would make for “a simpler, more focused and higher performing Unilever,” Ian Meakins, the London-based company’s chair, said in a statement. The group’s ice cream unit generated 7.9 billion euros ($8.6 billion) in sales last year, or about 13 percent of the group’s total. The division is home to Ben & Jerry’s, which Unilever acquired in 2000, along with other brands like Cornetto, Magnum, Talenti and Wall’s. The spinoff is expected to be completed by the end of 2025.

Persons: ” Ian Meakins, Hein Schumacher Organizations: Unilever Locations: London

☆ Democrat Dean Phillips drops out of 2024 presidential race
▼ + stars: | 2024-03-06 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +4 min

Democratic presidential candidate U.S. Representative Dean Phillips speaks to the media as he arrives at Londonderry High School during U.S. presidential primary election, in Londonderry, New Hampshire, U.S., January 23, 2024. Democratic Rep. Dean Phillips, Minn., has dropped out of the 2024 presidential race and endorsed President Joe Biden. "And it is clear that Joe Biden is OUR candidate and OUR opportunity to demonstrate what type of country America is and intends to be." Biden's campaign has been in general election mode for weeks, kicking into high gear after the president swept New Hampshire and South Carolina. Though Biden's age was not enough to singlehandedly keep Phillips' campaign afloat, it is still a top vulnerability as the general election nears.

Persons: Dean Phillips, Joe Biden, Phillips, Nikki Haley, Donald Trump, Biden, Jason Palmer, I'm, pare, Elon Musk, Bill Ackman, Democratic Sen, Joe Manchin, Robert Hur, Hur Organizations: Democratic, U.S, Londonderry High School, Tuesday, New, Democratic National Convention, Biden, Tesla, Republican, Department, Justice Locations: Londonderry , New Hampshire, U.S, Minn, America, American Samoa, New Hampshire, South Carolina, lockstep

☆ AI chatbots are trying to join the race for president
▼ + stars: | 2024-01-22 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe creation of Dean.Bot was funded by the Super PAC We Deserve Better, WaPo reported. Delphi's account was suspended for violating the political rules late Friday, just a day after WaPo wrote about the creation of Dean.Bot. Despite OpenAI's new rules, Dean.Bot won't be the last AI creation we see this election season. The outlet reported that several lawmakers, including Sen. Amy Klobuchar and Sen. Susan Collins, have also introduced congressional proposals to address AI use in advertisements.

Persons: —, OpenAI, Dean Phillips, Dean.Bot, Phillips, shouldn't, Joe Biden, Biden, WaPo, he'd, Sen, Amy Klobuchar, Susan Collins Organizations: Service, Minnesota, Washington Post, Business, Democratic, Super, Delphi, OpenAI Locations: Minnesota

It's a constant source of frustration for the Minnesota congressman challenging President Joe Biden for the Democratic nomination. Sure, Phillips is on the ballot in New Hampshire, which holds its primary Tuesday. Biden won't debate Phillips, which is standard behavior for incumbent presidents with primary opponents. And the Biden campaign declined to weigh in on Phillips’ candidacy – also standard for incumbents not facing serious threats from challenges within their own parties. Democratic activists are mounting a write-in campaign for Biden.

Persons: Dean Phillips, It's, Joe Biden, Phillips, Biden –, Donald Trump –, –, Biden, It's Biden, irks Phillips, Donald Trump, Jim Demers, – Phillips, it's, doesn't, He's, Democrats –, Marianne Williamson, Elon Musk, Bill Ackman Organizations: Democratic, North Carolina Democrats, Democratic National Committee isn't, Biden, Trump, Democrats, GOP, CNN, New Hampshire Democratic, Medicare, Republicans, Democratic Party, People, American Research Group, New Hampshire –, University of New, Twitter, Cabinet Locations: Minnesota, Florida, New Hampshire, Granite State, –, Mexico, United States, Israel, South Carolina, University of New Hampshire

MINNEAPOLIS (AP) — Democratic Rep. Dean Phillips, who is running for president and challenging Joe Biden in the primary, announced Friday he will not seek reelection to Congress in 2024. Before Phillips won the seat as a Democrat in 2018, the area had a history of electing Republicans to the U.S. House. In October, Phillips became the first elected Democrat to challenge Biden for the nomination. Phillips is one of the wealthiest members of Congress and heir to his stepfather’s Phillips Distilling Company empire, which holds major vodka and schnapps brands. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on under-covered issues.

Persons: Dean Phillips, Joe Biden, Phillips, Biden, Tim Walz —, Ken Martin, Biden’s, ” Martin, Martin, Anna Mathews, Joe Biden’s, Talenti, Pauline Phillips, “, Abby, ” ___ Trisha Ahmed, @TrishaAhmed15 Organizations: — Democratic, Trump, Minnesota Gov, Biden, Minnesota Democrats, Democratic National Committee, reelecting, Republican Party of Minnesota, Associated Press, GOP, Congressional District, Republicans, U.S . House, America Statehouse News Initiative, America Locations: MINNEAPOLIS, Minnesota, Minnesota's, Minneapolis

Rep. Dean Phillips, D-Minn., is launching a new ad for his presidential campaign by saying it's time for President Joe Biden to "hand the torch" to the next generation. "I celebrate Joe Biden. I love Joe Biden," Phillips later says in the ad. Biden's campaign, its affiliate groups and the pro-Biden super PAC Future Forward USA have already spent nearly $40 million million on ads, according to AdImpact. While in New Hampshire, Phillips was asked if Biden would lose to former President Donald Trump if the election were held that day.

Persons: Dean Phillips, Joe Biden, Phillips, Kristen Welker, Biden, Talenti Gelato, Donald Trump Organizations: NBC News, Press, Biden Locations: New Hampshire

☆ Democratic Rep. Dean Phillips launches a White House bid, challenging Biden
▼ + stars: | 2023-10-27 | by ( Megan Lebowitz | ) www.cnbc.com time to read: +3 min

Rep. Dean Phillips, D-Minn., walks down the House steps after the last votes of the week in the Capitol on Thursday, April 20, 2023. After months of hinting, Rep. Dean Phillips announced Thursday that he would challenge President Joe Biden for the Democratic nomination for president. The move comes as Biden faces stagnant approval ratings amid voter concerns about the economy and the president's age, though the White House has been dismissive toward a possible Phillips presidential run in the past. Phillips flipped his current congressional seat blue when he was elected in 2018 by defeating incumbent Erik Paulsen 55.7% to 44.3%. Ron Harris, a member of the Democratic National Committee, jumped into the race earlier this month for the congressional seat currently held by Phillips.

Persons: Dean Phillips, Joe Biden, Phillips, Biden's, Karine Jean, Pierre, Erik Paulsen, Ron Harris, @JoeBiden, Harris Organizations: Democratic, Minnesota Democrat, CBS News, NBC, Press, Biden, White, Democratic National Committee Locations: Minnesota

CONCORD, N.H. (AP) — For months, Dean Phillips has been calling for a Democratic primary challenge to President Joe Biden. Asked by CBS News in an interview posted late Thursday if he was running for president, Phillips responded: “I am. I have to.”“I think President Biden has done a spectacular job for our country,” he said. New Hampshire has refused to comply, citing state laws saying its primary must go first, and plans a primary before South Carolina’s. “To do well in the New Hampshire primary, you have to have a message.”There are no primary debates scheduled, according to the DNC.

Persons: Dean Phillips, Joe Biden, He's, Phillips, ”, Biden, Ray Buckley, “, Karine Jean, Pierre, ” Buckley, won’t, Donald Trump, “ we're, Democratic Sen, Eugene McCarthy, Lyndon Johnson, Massachusetts Sen, Ted Kennedy's, Jimmy Carter, Pat Buchanan's, George H.W, Bush, Carter, Steve Shurtleff, I’m, ” Shurtleff, “ It’s, Joe, Terry Shumaker, Shumaker, Marianne Williamson, Robert Kennedy Jr, Talenti, Pauline Phillips, Abby, Erik Paulsen, ” Phillips, ” It's, Nancy Pelosi, Pelosi, he's, Trump, Leslie Blanding, Blanding, ” ___ Weissert, Steve Peoples, Steve Karnowski Organizations: CONCORD, Democratic, New Hampshire statehouse, CBS News, New Hampshire Democrats, Democratic National Committee, White, Biden, Trump, CBS, Biden's, DNC, New Hampshire House, AP, Associated Press Locations: N.H, Minnesota, Concord, New Hampshire, ”, Hampshire, Vietnam, forgoing, Massachusetts, Carolina, Nevada, South Carolina’s, Minneapolis, U.S, Bow , New Hampshire, Washington, New York

☆ How America fell out of love with ice cream
▼ + stars: | 2023-07-16 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +9 min

Ice cream is “the ultimate comfort food.”Drinkers swapped a pint for a scoop, and for ice cream makers, Prohibition was a boon. “In fact they say that the ice cream business is bound to increase in volume from year to year as more people are using ice cream since the coming in of nation-wide prohibition and the going out of the saloon.”The interest in ice cream continued in World War II, buoyed by the government’s use of the frozen dessert to help boost morale. Margaret Bourke-White/The LIFE Picture Collection/Shutterstock“We built pop-up ice cream factories on the front lines, delivered individual ice cream cartons to foxholes and spent more than a million dollars on a floating ice cream barge that patrolled the Pacific delivering ice cream,” Siegel said. Scoops of Falooda ice cream are placed on top Blueberry Lavender ice cream at Pints of Joy in Sunnyvale, California. Today, she teaches aspiring ice cream entrepreneurs how to make ice cream.

Persons: Earl Leaf, Michael Ochs, Baskin Robbins, —, Matt Siegel, ” Siegel, Yuengling, ”, Margaret Bourke, “, Siegel, John Robbins, Robbins, Burt Baskin, Robbins ’, ” Robbins, Robbins “, Deepak Chopra, Marianne Williamson, Lucas Fuess, Richard B, Levine, Levine Roberts, Fuess, John Crawford, “ There’s, Circana, Aric Crabb, Talenti, Earl Grey, ” Crawford, Bryan Olin Dozier, Deborah Lee Organizations: New, New York CNN, US Department of Agriculture, Michael Ochs Archives, Food, Anheuser, Busch, Manufacturers, Cream, Baskin, New York Times, Rabobank, MediaNews, East Bay Times Locations: New York, NY, American, USS Maryland, Chicago , Illinois, Circana, Joy, Sunnyvale , California, Van Leeuwen, North Carolina

☆ Unilever to scoop up frozen yogurt brand Yasso
▼ + stars: | 2023-06-14 | by ( ) www.reuters.com time to read: 1 min

June 14 (Reuters) - Unilever (ULVR.L) said on Wednesday it is set to acquire frozen yogurt brand Yasso Holdings in North America, adding to its roster of premium ice-cream brands like Ben & Jerry's, Magnum, and Talenti. The consumer goods giant said its acquisition of Boulder, Colorado-based Yasso falls in line with its strategy to upscale the ice cream division and cater to rising demand for healthier snack options. Unilever did not disclose financial details related to the deal, which is set to close in the third quarter of 2023. Reporting by Rishabh Jaiswal in Bengaluru and Abigail Summerville in New York; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

Persons: Jerry's, Rishabh, Abigail Summerville, Maju Samuel Organizations: Unilever, Holdings, Ben, Thomson Locations: North America, Boulder , Colorado, Bengaluru, New York

The British company, which sells Cornettos cones and Talenti tubs, on Thursday reported a 0.2% dip in overall quarterly sales volumes, but a more than 4% decline in ice cream volumes. Its ice cream prices rose 10.5% in the quarter, driving turnover of 1.7 billion euros ($1.9 billion). About 60% of Unilever's ice cream business is "in-home" - bought from stores - while the rest is eaten in parlours and other venues. "Ice cream is the most discretionary category that we have across all of our categories," finance chief Graeme Pitkethly said. When consumers are under pressure, because ice cream is more discretionary, ice cream gets dropped from the basket."

"It's principally around the costs of labour, logistics and energy and what our suppliers see in their own production bases," finance chief Graeme Pitkethly said. On Thursday, Unilever said it had raised prices by 10.7% in the first quarter. "People are looking towards the second half of this year for some relief in costs - we'll see if that actually plays out," Richard Saldanha, a fund manager at Unilever and Nestle investor Aviva, said. "Clearly these companies are still displaying a pretty decent ability to push pricing ... Unilever is able to manage what is still a very elevated cost environment." Reporting by Richa Naidu Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

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