Business

Unilever to Spin Off Ben & Jerry’s and Cut 7,500 Jobs

The consumer goods giant said the moves would make for a “simpler, more focused company” as consumers trade down to cheaper brands amid high inflation.The consumer goods giant said the moves would make for a “simpler, more focused company” as consumers trade down to cheaper brands amid high inflation. Ice Cream and Frozen Desserts, Mergers, Acquisitions […]

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Investors Shrug off Nvidia’s ‘A.I. Woodstock’

The chipmaker unveiled a new high-speed processor at its developer conference to power an “industrial revolution,” but its sky-high valuation is coming under scrutiny.The chipmaker unveiled a new high-speed processor at its developer conference to power an “industrial revolution,” but its sky-high valuation is coming under scrutiny. internal-storyline-no, Artificial Intelligence, Computer Chips, Novo Nordisk A/S, NVIDIA

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Hong Kong Security Law Could Damage City’s Image as Financial Hub

Some firms have already moved staff out of the city since the Chinese government took a heavier hand in 2020.Some firms have already moved staff out of the city since the Chinese government took a heavier hand in 2020. Hong Kong, Foreign Investments, Law and Legislation, Politics and Government, International Relations, Banking and Financial Institutions, Government

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Biden’s Climate Law Has Created a Growing Market for Green Tax Credits

New Treasury Department data shows companies have registered 45,500 projects for possible sale on a new tax-credit marketplace.New Treasury Department data shows companies have registered 45,500 projects for possible sale on a new tax-credit marketplace. Tax Credits, Deductions and Exemptions, Wind Power, Alternative and Renewable Energy, Law and Legislation, Global Warming, United States Economy, Corporate Taxes,

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Biden’s Climate Law Has Created a Growing Market for Green Tax Credits

New Treasury Department data shows companies have registered 45,500 projects for possible sale on a new tax-credit marketplace.New Treasury Department data shows companies have registered 45,500 projects for possible sale on a new tax-credit marketplace. Tax Credits, Deductions and Exemptions, Wind Power, Alternative and Renewable Energy, Law and Legislation, Global Warming, United States Economy, Corporate Taxes,

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Fed Meets Amid Worries That Inflation Progress Might Stall

Inflation had been moderating steadily, but it is now hovering around 3 percent. Will lowering it fully to normal levels prove difficult?Inflation had been moderating steadily, but it is now hovering around 3 percent. Will lowering it fully to normal levels prove difficult? United States Economy, Interest Rates, Inflation (Economics), Quantitative Easing, Federal Reserve System, Powell,

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Email ‘Mistake’ on Inflation Data Prompts Questions on What Is Shared

Traders are closely watching once-obscure economic data, prompting more scrutiny of how widely the government distributes the information.Traders are closely watching once-obscure economic data, prompting more scrutiny of how widely the government distributes the information. United States Economy, Inflation (Economics), Prices (Fares, Fees and Rates), E-Mail, Consumer Price Index, Bureau of Labor Statistics, Statistics, Real Estate

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China Evergrande Founder Accused of Exaggerating Revenue by $78 Billion

China’s securities regulator fined the developer’s founder, Hui Ka Yan, and banned him from participating in the country’s financial markets for life.China’s securities regulator fined the developer’s founder, Hui Ka Yan, and banned him from participating in the country’s financial markets for life. Real Estate (Commercial), Securities and Commodities Violations, Regulation and Deregulation of Industry, Fines

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Japan Raises Interest Rates for First Time in 17 Years

Higher inflation and rising wages suggest that the country’s economy can grow without such aggressive stimulus from the central bank.Higher inflation and rising wages suggest that the country’s economy can grow without such aggressive stimulus from the central bank. Banking and Financial Institutions, Government Bonds, Wages and Salaries, Stocks and Bonds, Interest Rates, Economic Conditions and

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United Airlines Planes Have Seen 8 Incidents in 2 Weeks. What’s Going On?

While no one was injured, most of the mishaps required emergency landings or diversions. One safety expert said the incidents were not the result of “systemic problems.”While no one was injured, most of the mishaps required emergency landings or diversions. One safety expert said the incidents were not the result of “systemic problems.” Kirby, Scott (1967-

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