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"Lot Of Questions On Structure:" Goldman Reacts To Old Bay Maker's Bid For Unilever Food Unit
"Lot Of Questions On Structure:" Goldman Reacts To Old Bay Maker's Bid For Unilever Food Unit
Bloomberg reported earlier this week that Unilever Plc was in early talks to sell its food business - a move that would end its competition with major packaged-food rivals, including Nestlé, PepsiCo, and Kraft Heinz.
By Friday morning, Unilever stated in a press release that, despite "media speculation regarding a potential transaction involving its Foods business," it had, in fact, received an "inbound offer" for the unit from Hunt Valley, Maryland-based McCormick & Company.
"Unilever confirms...
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Apr 4, 2026 / Carlos Boix
The Myth that Won't Die: "War is Good for the Economy"
One of the legacies of Keynesian thought is the belief that war is “good for the economy.” While war may help enable employment, nonetheless, its overall legacy is destructive, and even the jobs war “creates” are economically undesirable.
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Feb 25, 2026 / Tyler Durden
"Regime Must Be Relegated To Dustbin Of History": Florida Congressman Erupts After Cuba Attacks U.S. Speedboat
"Regime Must Be Relegated To Dustbin Of History": Florida Congressman Erupts After Cuba Attacks U.S. Speedboat
Update (1605ET):
Florida Republican Rep. Carlos Gimenez blasted the Cuban regime shortly after news hit the wires that Cuban border guards aboard a vessel had fired on and killed four people and injured six on a U.S.-linked speedboat off Cuba's north coast. The Cuban Embassy in the U.S. did not specify the exact timing of the incident in its X post.
"The dictatorship in Cuba has just attacked a boat from Florida & murdered those on...
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Apr 10, 2026 / Tyler Durden
Core CPI Prints Cooler Than Expected Despite Biggest Jump In Energy Prices Since 2005
Core CPI Prints Cooler Than Expected Despite Biggest Jump In Energy Prices Since 2005
While PCE showed some signs of higher energy prices leaking into inflation prints, it was still February data. As we previewed, today's CPI data is for March and will bear the full brunt of the Iran War's impact on energy costs after Core CPI fell to its lowest in four years in February.
The headline CPI soared 0.9% MoM (as expected) and while it was a big MoM jump, Consumer Prices rose 3.3% YoY (up from +2.4%...
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