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Unilever to cut 7,500 jobs and split off arm that makes Ben & Jerry’s

Unilever on Tuesday said it may spin off the ice cream-unit that produces Ben & Jerry’s as the multinational consumer goods company said it expects to slash 7,500 jobs globally.

Bank of Japan ends negative-rate era, hikes rates for first time since 2007

Japan’s central bank raised interest rates for the first time in 17 years Tuesday, tightening its monetary policy amid stubborn inflation.

Online shoppers are feeling frustrated. Blame it on the ‘Amazon effect’?

A new survey says consumers find e-commerce sites often fail to meet expectations. Experts say that’s because shoppers have become accustomed to how Amazon gets things done to their liking.

Nvidia GTC: Highly anticipated Blackwell chip lineup is revealed, but stock dips

Nvidia Corp.’s most hyped debut yet — its long-awaited next chip — was revealed at its annual conference on Monday.

Kroger to sell its specialty pharmacy business

Supermarket chain Kroger Co. on Monday agreed to sell its specialty pharmacy business, saying it would be better off as a standalone segment.

Here are 3 reasons the stock market looks overdue for a 10% slide, according to one longtime strategist

U.S. stocks look vulnerable to a correction in the coming weeks and months, says veteran strategist

U.S. economy is still sunny, but storm clouds might be moving in

The U.S. economy entered 2024 on a hot streak, but the persistence of high inflation has raised fresh questions about whether growth will suffer a big chill.

Will an Apple-Google AI partnership get past regulators?

Any deal, especially one involving AI, will capture the attention of federal and state lawmakers, the Biden administration, consumer-privacy advocates and government regulators.

AI brings existential crisis for Apple, Salesforce and tech’s old guard: Partner or perish

Apple’s move to license Google’s Gemini for some new AI features on its iOS operating system underscores the urgency of partnering with a generative-AI leader on the fast-moving technology.

Here’s the reality about the mutual funds and ETFs that beat the stock market in 2023

One good year doesn’t make a trend.

Shares of Weight Watchers parent extend their bounce ahead of Oprah TV special

WW’s stock has been under pressure, but one analyst thinks an upcoming Oprah Winfrey TV special could highlight promise of the company’s clinical business.

Odds of a June rate cut by Fed slip below 50%, according to this gauge

In the run-up to Wednesday’s policy update by the Federal Reserve, traders in overnight index swaps gravitated toward a less-than-50% likelihood that policy makers will deliver their first interest-rate cut in June.
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