Unilever In "Advanced Discussions" To Sell Food Unit To Old Bay Maker

Conference Board Confidence Unexpectedly Jumped Amid War In March Despite war (and rising gas prices) now on respondents' minds (the survey period for preliminary results was March 1 to 24), it is perhaps surprising that The Conference Board's Consumer Confidence rose more than expected in March (from 91.0 to 91.8), considerably better than the 87.9 expected. Even more intriguing, the Present Situation rose from 120.0 to 123.3 (118 exp) while Expectations fell from 72.0 to 70.9 (68.4 exp) Source: Bloomberg Among demographic groups, confidence on a six-month moving average basis continued to moderate...

Trump Administration Set To Receive $10 Billion Fee From TikTok U.S. Deal The Trump administration is poised to receive roughly $10 billion in payments from investors involved in the recently completed transaction to take control of TikTok’s U.S. operations, delivering an unusual financial windfall tied to the government’s role in keeping the popular social-media platform active in the United States. ByteDance is the Chinese parent of TikTok. John G Mabanglo/EPA/Shutterstock The payments are part of the arrangement under which a consortium of admin-aligned investors took control of TikTok’s American business from its...

Cory Booker Blasts Party, Says Democrats 'Failed This Moment', And Calls For New Leaders Sen. Cory Booker (D-N.J.) appeared on NBC's Meet the Press Sunday morning and delivered a scathing rebuke of his own party, saying it has “failed this moment.”  Booker was on the show to promote his new book, and host Kristen Welker read a passage from it in which he argues that political coalitions can’t succeed if they exclude people based on “purity tests” or demand total agreement on every issue.  In his book, he wrote, “We cannot cancel...