Ben and Jerry's Done with Ice Cream? & Dell Says Work Remote, No Promotion
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Mar 20, 2024
Unilever is exiting the ice cream business, leaving fans wondering what’s next. The Bank of Japan has hiked interest rates for the first time in 17 years, hinting at a stronger economy. In a surprising twist, Dell's new remote work policy limits promotion opportunities, stirring up workplace tension. Meanwhile, Trump's financial woes deepen as he faces a hefty court ruling. Interestingly, research suggests a recession might actually benefit public health. Finally, baseball fans in South Korea are gearing up for an exciting MLB season opener!
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insights INSIGHT
Japan's Economy and End of Negative Rates
Japan's first rate hike since 2007 signals its return to economic growth after decades of stagnation.
This marks the end of negative interest rates globally, a policy used after the Great Recession.
insights INSIGHT
Unilever and Ben & Jerry's Split
Unilever is cutting ties with Ben & Jerry's after a 24-year run, focusing on higher-margin businesses.
The ice cream division, while generating billions in revenue, has lower profit margins than personal care.
question_answer ANECDOTE
Ice Cream Business Challenges
Unilever CEO Hein Schumacher highlighted the challenges of the ice cream business, citing the complex cold supply chain as problematic.
Ice cream sales are also sensitive to temperature fluctuations, with record heat sometimes leading consumers to prefer cold drinks.
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Episode 283: Neal and Toby chat about Unilever cutting ties with its 100+ year ice cream business. Then, the Bank of Japan has finally come back to the positive as it hikes up interest rates for the first time in 17 years. Next, Trump has been ordered to pay $464 million from his civil fraud case, but will he find anyone willing to help pay his bond? Also, why Dell tells its remote employees that promotions are off the table. Meanwhile, a new study shows that a recession could actually help people AND the planet live longer. Finally, South Korean baseball fans are buzzin’ for the upcoming MLB season opener in Seoul.
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