10 Stories

Jessica Alba's Company May Have a $1B Buyer

Unilever is in talks to acquire Honest Co.

(Newser) - Big whispers in both the celebrity and business realms: Unilever is considering the acquisition of Jessica Alba's Honest Co. for more than $1 billion, sources tell the Wall Street Journal . Those sources say discussions regarding a deal are happening; the Journal notes that the amount being discussed is "... More »

FDA Lays Down the Law on Mayonnaise

Agency says Hampton Creek brand has to contain eggs to be considered mayonnaise

(Newser) - Unilever, maker of Hellmann's mayonnaise, has been fighting for some time against a "fraudulent" brand it says is encroaching on its own sales. Unilever dropped the suit in December , but the FDA has given the company a sort of win all the same. The agency has declared that... More »

Ben & Jerry's Backs Occupy Wall Street

Technically, that means the movement has corporate support

(Newser) - First the Marines came to support Occupy Wall Street, then the labor unions . Next up: corporations? Ben & Jerry’s has posted a statement of support on its website —and though you may think of it as a hippie-flavored ice cream company, it’s actually a subsidiary of the... More »

Stephen Colbert: How to Exploit the Ladies ... for Cash

Just follow Unilever's deodorant example

(Newser) - Stephen Colbert has certainly tackled women's issues on his show , but until last night, he had yet to address "the most pressing women's issue of all: how to make some cash off of them." Fortunately, Unilever is already on the job with the brilliant marketing of its "... More »

Salmonella Tests Spark Skippy Recall in 16 States

Reduced Fat Creamy and Super Chunk called back in 16 states

(Newser) - Next time you get a hankering for a peanut butter and jelly sandwich, check the label first. Two varieties of Skippy Peanut Butter Spread are being recalled in 16 states, after company tests indicated that they might contain salmonella, WalletPop reports. No one has actually gotten sick yet, but Unilever... More »

Slim-Fast Recalls Ready-to-Drink Shakes

Canned products may be contaminated with bacteria

(Newser) - Put down the Slim-Fast, folks; it might make you sick. Unilever is issuing a voluntary nationwide recall of all Slim-Fast canned, ready-to-drink products—regardless of flavor, "best by" date, lot code, or UPC number. The company fears the product may be contaminated with Bacilus cereus bacteria, which can cause... More »

'India's Enron' Imperils Booming Industry

$1B scandal threatens India's role as major outsourcing center for top companies

(Newser) - A $1 billion accounting fraud at Satyam is being described as India's Enron, and it could have a major impact on how Fortune 500 companies use Indian companies for outsourcing critical computer and IT functions, reports the Financial Times. The CEO of Satyam, India’s fourth-largest IT services company, resigned... More »

Tainted Tea Pulled in Hong Kong

Latest product recalled for melamine traces

(Newser) - Lipton Milk Tea is the latest product to be recalled in the melamine scare that started with tainted infant formula in China. Unilever is recalling the tea brand from stores in Hong Kong and Macau after finding traces of the industrial chemical in it, CNN reports. Company officials described the... More »

Mugabe OKs Nationalizing Foreign Companies

Pre-election ploy also affects firms owned by white Zimbabweans

(Newser) - With 3 weeks to go before the presidential election, Robert Mugabe has signed legislation allowing the government of Zimbabwe to take over foreign- and white-owned businesses, the Financial Times reports. With his ex-finance minister mounting a strong challenge, the incumbent is returning to a tested strategy—his party used land... More »

3 Stars Means It's Healthy, Right?

Experts fear that new health ratings systems may befuddle shoppers

(Newser) - Stars, numbers, and letter grades are coming to grocery stores near you, the New York Times reports—but experts fear that these health ratings may befuddle shoppers with conflicting information. Consumer advocates are studying three new food ranking systems, while the FDA, approached by a nutrition group, is soliciting ideas... More »

10 Stories