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☆ Boots, Backpack and a Ubiquitous App
▼ + stars: | 2024-03-31 | by ( Nikita Richardson | ) www.nytimes.com time to read: 1 min

Whatever you imagined, that hiker is probably using the app AllTrails. Even people who don’t know what a CamelBak is or who have no idea what the term “out-and-back” means. In the world of AllTrails, a hiker of any skill level is still a hiker. Many of them find the app in the same way. “It’s a free app, so we were like, ‘We’ll download it and see what happens.’ We never deleted it.”

Persons: ”, Jessica Wood Locations: Kansas City, Mo

☆ Easter desserts that everyone will love
▼ + stars: | 2024-03-29 | by ( Food Network Kitchen | ) edition.cnn.com time to read: +5 min

Matt Armendariz / Food NetworkGET THE RECIPEPeanut Butter and Chocolate EggsForget dying Easter eggs — try making homemade chocolate eggs instead. Kate Mathis / Food NetworkGET THE RECIPEBunny Butt Snickerdoodle CookiesTurn store-bought cookie dough into an adorable and subtly spiced Easter treat. Matt Armendariz / Food NetworkGET THE RECIPEChocolate Pastel Easter Cake with a Chocolate Vermicelli NestMoist chocolate cake is frosted with an easy, fluffy buttercream and topped with a chocolate nest for this festive Easter dessert. Matt Armendariz / Food NetworkGET THE RECIPERaspberry-Lemon Easter CakeThis adorable cake is sure to be a crowd-pleaser. Food NetworkGET THE RECIPEPavlova Eggs with Lemon CurdThis fun and beautiful Easter treat is deceptively easy to make.

Persons: Easter, Teri Lyn Fisher, Matt Armendariz, Renee Comet, Kate Mathis Organizations: Food

☆ 3 presidents, celebrity performances and protester interruptions at Biden campaign's $26M fundraiser
▼ + stars: | 2024-03-29 | by ( Mike Memoli | Megan Lebowitz | ) www.cnbc.com time to read: +6 min

Actor and comedian Mindy Kaling hosted the program, which ended at around 10 p.m., and late night host Stephen Colbert moderated a conversation with Biden, Clinton and Obama. Colbert acknowledged one protester and asked Biden about the U.S. role in ensuring a peaceful and prosperous future for both Israelis and Palestinians. Outside the New York venue Thursday, more than 100 pro-Palestinian protesters chanted slogans like "Biden, Biden, you're a liar," and waved Palestinian flags and signs with anti-war messages. Biden and Trump are polling neck-and-neck, with 46% of voters supporting Trump and 45% supporting Biden, according to a March poll by CNBC. During Thursday's moderated discussion, Colbert asked Clinton what he would say to voters who do not feel like the economy is strong.

Persons: Joe Biden, Barack Obama, Bill Clinton, Stephen Colbert, Mindy Kaling, Biden, Clinton, Obama, Queen Latifah, Lizzo, Ben Platt, Cynthia Erivo, Lea Michele, Colbert, Donald Trump's, Mosaab Sadia, Kaling, Mr, Annie Leibovitz, Jill Biden, Hakeem Jeffries, Chuck Schumer, White, Julie Chavez Rodriguez, —, we're, John F, Trump, Mike Pence, George W, Bush, Kamala Harris, Humpty, Hillary Clinton Organizations: Radio City Music Hall, Democratic, Trump, GOP, New, Biden, Kennedy International Airport, NBC News, White House, Republican, Monday, CNBC Locations: New York, U.S, Gaza, York, Israel, D, Queens

☆ The world’s best dumplings
▼ + stars: | 2024-03-28 | by ( Julia Buckley | ) edition.cnn.com time to read: +17 min

The best way to sample these dumplings is from a street vendor carting a steamer on his bicycle. KartoffelknoedelCarbtastic kartoffelknoedel ExQuisine/Adobe StockFound across Germany, kartoffelknoedel, or potato dumplings, usually accompany meat dishes. Artit_Wongpradu/iStockphoto/Getty ImagesSome dumpling purists say that the Australian dim sim is merely a bastardized version of Chinese dumplings. Joshua Resnick/500px Plus/Getty ImagesFound on Chinese takeout menus in the United States, crab rangoon are deep-fried dumplings served as a side dish. Shish barakShish barak are lamb dumplings served with yoghurt.

Persons: ., Ravioli, –, chao shou, chao, bryndzové, Lisa Wiltse, dumpling, Edward Wong, there’s, Beata Zawrzel, Mayur, Lord Ganesha, Ganesh Chathurthi, Pelmeni, Dim sims, Peng, Kimchi, Jonathan Wong, manti, speck, you’ll, Deb Lindsey, Uszka, Gyoza, Joshua Resnick, Ihor, it’s, It’s, DiAnna Paulk, Paolo Bernardotti, Shish barak Shish barak, Julia Buckley Organizations: CNN, South China Morning, Adobe, Central Asia, Kazakhstan –, Turks, Adobe Stock, Corbis, China Morning, Getty, Turkish, Fascism, Washington Post Locations: . Cheng, South, Italy, Rome, Sichuan, Central, Turkey, China, Azerbaijan, Kazakhstan, Central Asia, Mongol, Slovakia, Slovakian, Indonesian, Bandung, Hong Kong, Eastern Europe, Maharashtra, Germany, Brazil, Siberia, European, Australia, North America, Europe, Tunisian, Argentina, empanadas, Mendoza, USA, Southern, United States, Central Asian, Korea, Alto Adige, Austrian Tyrol, Kathmandu, Poland, Tokyo, rangoon, Asia, Russia, Georgia, Japan, Pennsylvania, Piedmont, Afghanistan

Unlike Obama and Clinton before him, Biden is running against a candidate only a few years his junior. It was a twist on how Clinton answered a question about Dole's age during the second presidential debate in 1996. There is not much precedent for the event Biden's campaign is putting on Thursday. Obama, Biden and Clinton will inevitably go down memory lane during a discussion moderated by comedian Stephen Colbert. Aside from private conversations, Biden also often directs his top aides to follow up with Obama or Clinton on various topics of conversation.

Persons: Barack Obama, Joe Biden, Bill Clinton, Robert Byrd, George H.W . Bush, Bob Dole, John McCain, —, Biden, Obama, Clinton, Still, Dole, McCain, Seth Meyers, Donald Trump, Sen, Scott Reed, Reed, Mike Pence's, — McCain, Mark Salter, George W, Bush, Hillary Clinton, Salter, McCain's, Mindy Kaling, Jill Biden, Queen Latifah, Lizzo, Ben Platt, Cynthia Erivo, Lea Michele, Annie Leibovitz, Harris, Jeffrey Katzenberg, Rufus Gifford, Chris Korge, Condé, Anna Wintour, Julie Chavez Rodriguez, DJ D, Stephen Colbert, Jeff Zients, Anita Dunn, Steve Ricchetti, Bruce Reed, Jen O'Malley Dillon, Mike Donilon, Ricchetti Organizations: West Virginia State Capitol, NBC, NBC News, Democratic, Radio City Music Hall, Biden, Biden Victory Fund, DJ, Affordable, Trump, he's Locations: Charleston , West Virginia, New York, New Hampshire

☆ Inside the AI talent-hiring frenzy
▼ + stars: | 2024-03-27 | by ( Aaron Mok | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe fight to hire the best AI talent is heating up as companies large and small compete in the race to create the best products in the booming sector. Last week, Mustafa Suleyman, the cofounder of Google's DeepMind, left his startup Inflection AI to lead tech giant Microsoft's consumer AI division as CEO. "AI talents are some of the most highly compensated in today's job market," Alex Libre, the cofounder and principal recruiter of Einstellen Talent, a service that matches job candidates with generative AI startups, told BI. Related stories"There is undoubtedly a shortage in AI talent," Libre says.

Persons: —, Mustafa Suleyman, Google's DeepMind, Aravind Srinivas, pricey, Sam Altman's, OpenAI, Salesforce, J.T, O'Donnell, Alex Libre, He's, They're, Ray, Flavien, Coronini Organizations: Service, Meta, Business, Big Tech, Companies, Tech, Libre, Big, . Workers, Microsoft

☆ Industries from cars to coal to ice cream could be impacted by Baltimore bridge collapse
▼ + stars: | 2024-03-27 | by ( Kelsey Vlamis | Dominick Reuter | ) www.businessinsider.com time to read: +6 min

The Francis Scott Key Bridge collapse has blocked shipments in and out of the Port of Baltimore. The port is a key shipping point for cars, construction and farm equipment, and coal. The Port of Baltimore is the top US port for roll-on/roll-off cargo, like cars and construction machinery. halbergman/Getty ImagesCoal, gypsum, and sugarIn 2022, coal was among the top export commodities by weight moved through the Port of Baltimore. A research briefing from Oxford Economics said the bridge collapse will likely have a greater impact on the local Baltimore economy than on a national level.

Persons: Francis Scott Key, —, Dali, Daraius Irani, Anirban Basu, Ford, Basu, Domino, Sugar, Irani Organizations: Service, Industry, Regional Economic Studies, Towson University, Sage Policy, General Motors, Caterpillar, Port, Baltimore Refinery, Oxford Economics Locations: Port of Baltimore, Port, Baltimore, Patapsco, India, West Virginia

☆ What the Baltimore bridge collapse means for the US economy
▼ + stars: | 2024-03-27 | by ( George Glover | Pete Syme | ) www.businessinsider.com time to read: +5 min

Read previewThe collapse of the Francis Scott Key Bridge on Tuesday is a reminder that the economy remains vulnerable to sudden supply-chain shocks, experts say. Here's how the catastrophe could affect the economy, trade, and the city of Baltimore. "This event will have greater economic implications for the Baltimore economy than nationally," Oxford Economics' chief US economist Ryan Sweet said on Tuesday in a research note. The container ship Dali collided with a key bridge in Baltimore on Tuesday. The port of Baltimore is the busiest for "roll-on/roll-off" cargo, which includes cars, light trucks, and agricultural and construction equipment.

Persons: —, Francis Scott Key, Dali, Ryan Sweet, Michael A, McCoy, Sweet, Michael Tamvakis, Tamvakis, Ioannis Moutzouris, Moutzouris Organizations: Service, Business, Maersk, Oxford Economics, Washington Post, Getty, JPMorgan, International Monetary Fund, City , University, London's Bayes Business, Maxar, University of London Locations: Baltimore, Norfolk, New York, New Jersey, Suez

☆ I miss being a single mom sometimes. I wish I'd enjoyed that time more before I remarried.
▼ + stars: | 2024-03-27 | by ( Ashley Archambault | ) www.businessinsider.com time to read: +3 min

Until my son was seven, I was a single mom. As a teacher, I once had a student say they had "mad respect" for me when they found out that I was a single mom, and that's because the majority of people realize that being a single mom isn't easy. But now that I have that and I've been remarried for a couple of years, I actually miss my life as a single mom. If I could go back to my single mom days, I would appreciate the time more. For that, I wouldn't trade having been a single mom for anything.

Persons: I've, it's

☆ The Dali, the ship that brought down the Baltimore bridge, ran into a problem with its propulsion system months before the crash
▼ + stars: | 2024-03-27 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

The ship that struck a key bridge on Tuesday was reported to have an issue with its propulsion in June. The Dali lost propulsion on Tuesday, but it's unclear if this was related to the June issue. AdvertisementThe 984-foot container vessel that lost power and crashed into the Francis Scott Key Bridge on Tuesday had issues with its propulsion system just months before, records show. AdvertisementClay Diamond, the executive director of the American Pilots' Association, told The Washington Post that the Dali lost power at around 1:20 a.m., around eight minutes before the crash. AdvertisementThe Francis Scott Key Bridge was Baltimore's biggest bridge, and the loss of such critical infrastructure will likely cause supply chain issues across multiple industries.

Persons: Dali, —, Francis Scott Key, Wes Moore, it's, Clay Diamond, Diamond, We've, BI's Dominic Reuter, BI's Erin Snodgrass Organizations: Service, Port Authority, Synergy Marine, American Pilots ' Association, Washington Post, USA, REUTERS Authorities, Business, Maryland Transport Authority, Port, Maersk Locations: Singapore, Patapsco, Baltimore, Maryland, Asia Pacific, San Antonio, Chile, Harford County, Antwerp, Port, Port of Baltimore, Danish, Copenhagen

☆ McDonald's to sell Krispy Kreme doughnuts nationwide by the end of 2026
▼ + stars: | 2024-03-26 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

In this photo, Krispy Kreme doughnuts are shown in Daly City, California, on May 12, 2022. McDonald's is planning to sell Krispy Kreme doughnuts at its restaurants nationwide by the end of 2026, the chains announced Tuesday. For the duration of the agreement, McDonald's will be the exclusive fast-food partner for Krispy Kreme in the U.S. For McDonald's, the addition of Krispy Kreme doughnuts helps bolster its bakery and breakfast offerings. Shares of Krispy Kreme have fallen 20% over the past year, dragging its market value down to $2.11 billion.

Persons: McDonald's, Krispy, Josh Charlesworth, Krispy Kreme, Charlesworth, Kreme, Nordisk's Ozempic Organizations: U.S, McDonald's, CNBC, Nordisk's Locations: Daly City , California, U.S, Louisville, Lexington , Kentucky

☆ Why Palm Oil Is Still a Big Problem
▼ + stars: | 2024-03-26 | by ( Manuela Andreoni | ) www.nytimes.com time to read: +1 min

Palm oil — the ubiquitous ingredient for all things spreadable, from toothpaste to ice cream — is now the commodity consumed by Americans that contributes most to the loss of tropical forests. Researchers looked at import data and deforestation rates and found that palm oil bought by Americans may have caused 103,000 acres of deforestation, mostly in Indonesia. I want to focus on palm oil today because we’ve known about this problem for a long time. Palm oil is environmentally destructive, grown on vast plantations after rainforests have been flattened and burned. And after years of hard-won progress, the deforestation associated with palm oil production in Indonesia is ticking up again.

Organizations: Global Witness Locations: Brazil, Australia, Indonesia, That’s, New York City

☆ I tried 30 of Trader Joe's seasonal spring products, and there are only a few I wouldn't buy again
▼ + stars: | 2024-03-25 | by ( Savanna Swain-Wilson | ) www.businessinsider.com time to read: +44 min

AdvertisementOther candy makers should take notes because Trader Joe's clearly knows what it's doing when it comes to chocolate. I fell in love with the lemon-and-ricotta ravioli's tasty fillingThis lemon-and-ricotta option is my new favorite Trader Joe's ravioli. These blueberry-and-lemon hand pies are the perfect pastry for the spring seasonThe blueberry-and-lemon hand pies from Trader Joe's look homemade. Trader Joe's Portuguese custard tarts totally lived up to the hypeTrader Joe's Portuguese custard tarts blew me away. If someone told me Trader Joe's lemon sheet cake came from a fancy bakery, I wouldn't question it for a second.

Persons: —, I've, Wilson, Joe's, they're, Savanna, I'm, seitan, pico, gallo, there's, Joe's didn't, Parmesan, Almond, Wilson I'm, graham, They'd, Meyer, munch, Wilson I've, Ina Garten, They're, madeleines, Florentine, Joe, Wilson It's, frosting, pasteis, nata, I'd, pretzels, Joe's dulce, dulce de Organizations: Service, Business, Wilson Locations: Savanna, Eastern Europe, Parmesan, Portugal

☆ I lost 150 pounds on the paleo diet. Now I do CrossFit competitions.
▼ + stars: | 2024-03-25 | by ( Jane Ridley | ) www.businessinsider.com time to read: +4 min

She did the paleo diet and took a part-time cleaning job at the gym to cover her fees. She lost 150 pounds and takes part in CrossFit competitions. I've lost 150 pounds, my dress size has decreased from a 20 to a two, and I participate in CrossFit tournaments. Card enjoyed vacation before she started exercise and the Paleo diet. I follow the paleo diet that's popular with high-profile people like LeBron James and Peter Thiel.

Persons: Barbara Card, —, I'd, I've, Card, Cameron, I'm, LeBron James, Peter Thiel Organizations: Service, Barbara, Business

☆ MrBeast says he sleeps in an office-bedroom so he can be closer to work — take a look
▼ + stars: | 2024-03-23 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Howie Mandel Does Stuff"Sometimes when my girlfriend's in town, I'll go to a house. Howie Mandel Does Stuff"If you want to make everyone happy, don't be a leader. It's unclear if Donaldson may have taken inspiration from Musk in his decision to sleep at the office.

Persons: MrBeast, —, Jimmy Donaldson, Donaldson, Howie Mandel, wouldn't, He's, Tom Brady, Justin Timberlake, Steve Jobs, it's, Jobs, Nick Saban, Elon Musk, Musk Organizations: Service, Records, Apple Locations: Los Angeles, Alabama, San Francisco

☆ Climate crisis: You don’t have to admit there’s one to be fighting climate change
▼ + stars: | 2024-03-23 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +16 min

The climate crisis ends up touching on all of those issues, as CNN’s chief climate correspondent Bill Weir told me. Removing politics from climate changeWOLF: It’s interesting to hear you say that about Texas, because the governor and the Republican-dominated legislature there would seemingly be opposed to doing anything specifically because of climate change. Joe Biden has tried to make the argument that addressing climate change should be an economic boom. It seems clear that we’re going to burst through the 2-degree tipping point that had been previously suggested as the tipping point for climate change. What that means for marine ecosystems and coral reefs, which are the cradles of life in the oceans, and what it means for the power of storms as we head into hurricane season has scientists really, really worried.

Persons: Bill Weir, ”, Weir, You’re, WEIR, don’t, Syd Kitson, It’s, Hurricane Ian, CNN WEIR, Hurricane Maria, they’ve, it’s, It’ll, Joe Biden, Donald Trump, Matt Yglesias, WOLF, I’ve, we’ve, We’ve, Kena Betancur, they’re, There’s Organizations: CNN, NFL, Hurricane, Babcock, Buffalo, UN, Republican, Act, Citi Bikes, Getty, Greyhound Locations: Hope, Massachusetts, Salisbury , Massachusetts, New Hampshire, Florida, America, , Florida, Puerto Rico, Buffalo, Puerto Rican, Niagara Falls, Texas, Alaska, United States, Portland , Maine, Portland , Oregon, Central America, Charleston, South Carolina, New York City, Dallas, Chicago, New York, AFP

☆ A chef opened a tiny dessert spot in Tokyo that sells shaved ice for $18 a bowl. I know it's a massive markup, and I'd still pay for it again.
▼ + stars: | 2024-03-23 | by ( Tammy Kwan | ) www.businessinsider.com time to read: +6 min

The shaved ice features unique textures, temperatures, and toppings. AdvertisementA few other customers ordered just before I did, so I patiently waited for my shaved ice to be prepared. But then, I started to taste the thinly shaved ice with the sweet red beans, fresh cream, and milk syrup. I would definitely come back againI have eaten my fair share of shaved ice around the world. In addition to kakigōri in Japan, I'm a fan of bingsu (milk-based Korean shaved ice) in Korea and ice kachang (shaved ice with mixed toppings) in Singapore.

Persons: —, Azuki, Miho Horio, Horio, Kouri, Tammy Kwan Azuki, Miho's, Tammy Kwan, would've, I'm Organizations: Service, Business Locations: Tokyo, Niseko, Yoyogi, Shibuya, Japan, Kouri, Korea, Singapore

Shop at Amazon Shop at DreoTyphur Sous Vide Station If you’ve been wanting to venture into the benefits of cooking with Sous Vide, Typhur’s Sous Vide Station incorporates all functions of sous vide cooking into one unit, with a built-in tank, scheduling functions, and step-by-step cooking instructions on a large LCD display. Shop at Amazon Shop at TramontinaAdvertisementSustainability and alternative materialsEco-friendly materials are at the forefront of home and kitchen design. Shop at Amazon Shop at UmbraFull Circle Grate Expectations Stainless Steel Coarse Grater with Food Catcher Full Circle should be on your radar for eco-friendly cleaning tools and hydration solutions. From earth tones and pastels to vibrant collections, you can coordinate your kitchen in monochrome hues, prints, and textures. Shop at Amazon Shop at Walmart Shop at TargetLuma Nugget Countertop Ice Maker We've been searching for a more affordable nugget ice maker, and this small appliance from Luma might be the one.

Persons: It's, Dreo ChefMaker Combi Fryer, you’ve, Zyliss, Joe Derochowski, Dyson, Brabantia Organizations: Business, Shop, kraft, Cork, Walmart, Everest

☆ Ben & Jerry’s is set to be spun off from Unilever. Here’s how the company’s founding duo built an ice cream empire from an old gas station.
▼ + stars: | 2024-03-22 | by ( Joey Hadden | Alex Bitter | ) www.businessinsider.com time to read: +1 min

Unilever said Tuesday that it will spin off its ice cream brands, including Ben & Jerry's. It's the latest change for Ben & Jerry's, which was founded by two childhood friends from Long Island. Here's the story of Ben & Jerry's, from a gas station in Vermont to global distribution. While many companies keep away from social issues, Ben & Jerry's has made weighing in part of its strategy. Now, Unilever is reportedly planning to spin off Ben & Jerry's, plus other ice cream brands, such as Magnum.

Persons: Jerry's, Ben, —, George Floyd, Ben Cohen, Jerry Greenfield Organizations: Unilever, Ben, Service Locations: Long, Vermont

☆ 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

☆ Stocks making the biggest moves premarket: Nvidia, Unilever, Coinbase and more
▼ + stars: | 2024-03-19 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Here are the companies making headlines on Wall Street ahead of the opening bell. Several Wall Street analysts hiked their price target for Nvidia after the event. Disney — Shares declined less than 1% following news that filmmaker George Lucas is backing Disney CEO Bob Iger in the company's proxy fight with activist investor Nelson Peltz. Super Micro Computer — The tech stock tumbled more than 10% after a filing showed a new stock offering of two million shares. The company's full-year revenue guidance was also near the low end of Wall Street expectations.

Persons: Jerry's, bitcoin, George Lucas, Bob Iger, Nelson Peltz, Lucas, Goldman Sachs, DLocal Organizations: Nvidia, Unilever, Disney —, CNBC, Tencent Locations: San Jose , California

☆ The bright side of divorce, according to experts
▼ + stars: | 2024-03-19 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +7 min

Divorce rates have been steadily trending downward in the United States, according to recent data, but marriages ending are still a common, disruptive experience. Most people probably don’t head into marriage anticipating divorce — but for those who find themselves in one, there are ways to encourage compassion for one another and ultimately build something stronger, experts said. Grieving the lossA divorce can be amicable yet still marked by loss and grief, said Rebecca Hendrix, a marriage and family therapist in New York. Support can come from a therapist, a religious leader, friends, a divorce support group, or even books and media that make you feel less alone, she added. Divorce may motivate some reflection on ways you want to make changes or even launch the first call you ever make to a therapist, Hendrix said.

Persons: Amy Mazur, ”, Mazur, Rebecca Hendrix, ” Hendrix, Marissa Nelson, Hendrix, “, ‘, ” Mazur, Nelson Organizations: CNN, Washington Locations: Brooklyn , New York, United States, New York, DC

☆ Unilever to split off its ice cream unit including Ben & Jerry’s
▼ + stars: | 2024-03-19 | by ( Karen Gilchrist | ) www.cnbc.com time to read: 1 min

A family enjoys the visitor attractions at Ben & Jerrys factory in Waterbury, Vermont on June 24, 2021. Consumer goods giant Unilever said Tuesday that it is separating its ice cream unit, which includes Ben & Jerry's and Magnum, as part of a restructuring plan that will impact 7,500 jobs. "The proposed changes are expected to impact around 7,500 predominantly office-based roles globally, with total restructuring costs now anticipated to be around 1.2% of Group turnover for the next three years (up from the around 1% of Group turnover previously communicated)," a statement said. This is breaking news story, please check back later for more.

Persons: Jerrys, Jerry's Organizations: Consumer, Unilever Locations: Waterbury , Vermont

LONDON (AP) — 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. London-based Unilever said its ice cream business, which also includes Magnum bars, has “distinct characteristics” from its other brands and would benefit from separate ownership to increase growth. The British consumer goods company with 128,000 employees also said it is launching a “productivity program” that is expected to lead to a reduction of about 7,500 mostly office-based jobs worldwide. The company behind Hellman’s mayonnaise, Axe fragrances and Cif household cleaners said it is targeting underlying sales growth of mid-single digits after spinning off the ice cream business. It saw sales volume drop 3.6% in 2022 after jacking up prices 13.3% on average across its brands that year.

Persons: Hein Schumacher, ”, Richard Hunter Organizations: — Unilever, Unilever, London Stock Exchange Locations: London

☆ Unilever: Ben & Jerry’s and Magnum will form the core of an $8 billion ice cream company
▼ + stars: | 2024-03-19 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —The world’s biggest ice cream business is about to go it alone. The newly minted firm will boast five of the 10 best-selling ice cream brands worldwide, namely Magnum, Ben & Jerry’s, Breyers, Walls and Cornetto. “The future growth of Unilever and ice cream is best served by separating the business,” Unilever CEO Hein Schumacher told journalists. Philippe Wojazer/ReutersThe origins of Unilever’s ice cream business can be traced back to the summer of 1913, when Thomas Wall started selling ice cream from his family butcher shop in London. But its ice cream sales took a hit last year as cash-strapped consumers cut back on non-essential spending.

Persons: Jerry’s, “, Hein Schumacher, ” Schumacher, Miko Carte, Philippe Wojazer, Thomas Wall, Matt Britzman, Hargreaves, ”, —, Schumacher Organizations: London CNN, Unilever, ” Employees, Schumacher Locations: Saint, France, London, €

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