Business

Ben & Jerry’s co-founder resigns, claiming parent company Unilever ‘silenced’ its campaigning

Jerry Greenfield, co-founder of the Ben & Jerry’s ice cream brand, has stepped down from the company he started 47 years ago citing a retreat from its campaigning spirit under parent company Unilever. Greenfield wrote in an open letter late Tuesday night — shared on X by his co-founder Ben Cohen — that he could

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Business

Crash victims’ families prepare to make what could be their final plea for Boeing’s prosecution

Families who lost loved ones in two crashes of Boeing 737 Max jetliners may get their last chance to demand the company face criminal prosecution Wednesday. That’s when a federal judge in Texas is set to hear arguments on a U.S. government motion to dismiss a felony charge against Boeing. U.S. prosecutors charged Boeing with

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Business

Amazon cracks down on Prime free shipping sharing

Amazon is eliminating a program that allows members of its Prime subscription program to share free shipping benefits with people outside their household. The company began notifying users in recent days that it plans to end the Prime Invitee Program on Oct. 1, according to a notice viewed by CNBC. “We are writing to inform

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Business

Kraft Heinz to split into two companies

Kraft Heinz will split into two companies, reversing much of the blockbuster $46 billion merger from a decade ago that created one of the biggest food companies in the world. The first of the two new companies, which are not yet named, will primarily include shelf-stable meals and will be home to brands such as

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Business

Rhode Island’s ‘Taylor Swift Tax’ on vacation homes of the wealthy is spreading to other states

A new push by states to tax the real estate of the wealthy has sparked a backlash among brokers and potential buyers, who say the taxes punish the most important local spenders. From tax hikes on pricey second homes in Rhode Island and Montana to Cape Cod’s proposed transfer tax on homes over $2 million

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Business

U.S. judge orders Google to share search data with competitors

Alphabet’s Google must share data with rivals to open up competition in online search, a judge in Washington ruled on Tuesday, while rejecting prosecutors’ bid to make the internet giant sell off its popular Chrome browser and Android operating system. Google CEO Sundar Pichai expressed concerns at trial in the case in April that the

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Business

Spirit Airlines files for Chapter 11 bankruptcy protection for the second time in a year

Spirit Airlines on Friday filed for bankruptcy protection, just months after the budget carrier failed to secure better financial footing when it came out of Chapter 11 protection in March. The Dania Beach, Florida-based airline said under this bankruptcy, it will reduce its network and shrink its fleet, cuts that it said will reduce costs

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Business

Retail panic: What the end of the ‘de minimis’ exemption means for brands across the globe

The de minimis exemption, an obscure trade law provision that has simultaneously fueled and eroded businesses across the globe, officially came to an end on Friday following an executive order by President Donald Trump. For nearly a decade, shipments valued under $800 were allowed to enter the country virtually duty free and with less oversight.

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Business

Cracker Barrel rebrand: Why companies retreat when faced with consumer criticism

It’s been a busy week for Cracker Barrel Old Country Store’s marketing team. The restaurant chain announced a rebrand and new logo last week, faced widespread criticism from social media users, including President Donald Trump, and proceeded to walk back its plan to change the logo. In that span of time, the company lost and

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Business

Trump accused Fed Governor Lisa Cook of mortgage fraud. That can be hard to prove, experts say

The Trump administration’s latest allegations of mortgage fraud have raised questions about a long-standing housing issue known as owner-occupancy mortgage fraud. But that type of fraud can be difficult to prove, experts say. President Donald Trump announced in a Truth Social post on Monday night that he was removing Federal Reserve Governor Lisa Cook. He

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