Europe
The Guardian

‘It ain’t the same’: inside the bitter battle to free Ben & Jerry’s

Ben Cohen says there are ‘millions of people who support Ben and Jerry’s and support its social mission’. Composite: The Guardian/Getty ImagesView image in fullscreenBen Cohen says there are ‘millions of people who support Ben and Jerry’s and support its social mission’. Composite: The Guardian/Getty ImagesBusiness‘It ain’t the same’: inside the bitter battle to free Ben & Jerry’sBen Cohen says his ice-cream company has been silenced by corporate ownership – and a boycott of Magnum brands could force a sale Ben & Jerry’s ice-cream in the tub is still great, but the brand’s newest chocolate-covered ice-cream bar on a stick? “It ain’t the same,” Ben Cohen, the company co-founder, told the Guardian. Sure, the chocolate coating is still thick enough, but the ice cream itself is “kinda fluffy”, Cohen said – an insult in the ice-cream world that suggests extra air was added to cut costs. The criticism is surprising coming from Cohen, who opened his eponymous ice-cream shop in Burlington, Vermont, with childhood friend, Jerry Greenfield, in 1978. But it’s perhaps an apt metaphor of how he feels amid a simmering fight to take back Ben & Jerry’s from a parent company he says has silenced the brand’s trademark activism. For Cohen, 75, the battle is legal and existential. Ben & Jerry’s social and economic value was protected for decades, he says, by an independent board with final say on the brand’s voice, values and ice-cream quality. But that independence has all but disappeared, Cohen said. In November 2024, Ben & Jerry’s board sued parent company Unilever, claiming it was blocked from voicing support for Gaza, and accusing Unilever of breaching their agreement. The lawsuit is still making its way through federal court. In September 2025, after Unilever said it would spin off its ice-cream brands into the Magnum Ice Cream Company, Cohen started his campaign to “Free Ben & Jerry’s” – asking Magnum to sell the brand so it can be independently owned and operated. Social activism is a core part of why people buy Ben & Jerry’s, Cohen says. “What consumers want above all is authenticity and attitude,” he said. Ben & Jerry’s could be valued at $1bn or more, Cohen estimates, but says Magnum won’t give him or potential investors numbers that could help value it more accurately. Magnum has insisted Ben & Jerry’s is not up for sale, so Cohen is amping up his campaign. In recent weeks, Cohen has started calling for a boycott of Magnum’s other brands, including Yasso, Breyers, Talenti and Klondike, with the idea that tanking the company’s overall sales will pressure it to sell back the company. “We didn’t want it to have to come to this,” he said of the boycott, but Magnum is “destroying a brand” that stands for values its customers believe in. What Cohen is trying to do – force an $11bn conglomerate into divesting a star brand – is highly unusual, and unlikely to succeed, some industry and management experts predict.

‘It ain’t the same’: inside the bitter battle to free Ben & Jerry’s
North America
CNBC Finance

JetBlue overhauls fare options, from basic first to flexible economy. Here's what to know

JetBlue Airways is overhauling its fare options as it gears up to launch its domestic first-class seats and, yes, there is a restrictive basic option at the front of the plane. Travelers flying on JetBlue will start by choosing how much legroom they want and how premium they want their seat to be. The airline will have an economy section, or "Main," a section with extra legroom seats that it calls "Even More," which also come with earlier boarding and priority airport screening, and a domestic first class that it's named BlueFirst, which it's slated to debut later this year. From there, customers will have the following options for each class: With the new groupings, JetBlue is getting rid of the "Core" fares it sells now and putting economy class options in a "Main" category. JetBlue's lie-flat Mint business class, which is used on longer-haul flights like cross-country trips and flights to European destinations including Paris, London and Milan, will only have the Standard and Flex option. JetBlue stopped short of offering a basic lie-flat business option that competitors United Airlines and Delta Air Lines launched this year. Those airlines have made similar moves to break up premium economy by offering different fares even at the front of the cabin. United this month said that on some aircraft it will charge a premium for a blocked middle seat. JetBlue hasn't yet provided a date for its BlueFirst seats, but the changes come as airlines are racing to capitalize on high demand for pricier seats from consumers seeking extra comfort and perks on board. JetBlue is set to report results on Tuesday. Get this delivered to your inbox, and more info about our products and services. Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis.

JetBlue overhauls fare options, from basic first to flexible economy. Here's what to know
Europe
BBC Business

AI firms must answer for rogue bots, says boss of hacked company

Image source, GettyByJoe TidyCyber correspondent, BBC World ServicePublished9 hours agoThe boss of one of the companies recently hacked by out-of-control artificial intelligence (AI) says bot makers must be accountable for cyber attacks carried out by their creations. Clement Delangue's company Hugging Face was breached by a rogue OpenAI bot that broke out of a test environment and autonomously attacked his firm earlier this month. Hugging Face had to rebuild around a third of its IT network after the unprecedented incident. He told CNN his company - which is a small start-up - will not be taking legal action against OpenAI, but added that these types of hacks are illegal and should remain so. "Everyone has to remember that a cyber-attack is a crime and it is illegal," he said. Delangue said he hoped legal frameworks would ensure the companies that make mistakes leading to the hacks are "accountable." He added that he didn't want cyber attacks on other companies to become "normalised". His remarks come after Anthrophic, the maker of the chat bot Claude, also admitted that its bot had attacked three companies in similar circumstances in recent months. Anthropic revealed on Friday that it only realised its bot had escaped the containment system and hacked the organisations after doing a review prompted by the recent OpenAI incident. In both cases neither of the artificial intelligence giants knew that their models had roamed the internet attacking companies until long after the attacks had been carried out. The AI models were being tested on their hacking skills and carried out the attacks by breaking out of seemingly secure "sandboxes" to search the internet for ways to complete the tasks set by researchers. The unprecedented incidents have sparked fierce debates in the cyber-security and legal world about who, if anybody, should be held liable for attacks by out-of-control AI agents.

AI firms must answer for rogue bots, says boss of hacked company
Europe
The Guardian

Washington Post’s opinion editor resigns after just one year in role

The Washington Post building sign in February 2026 during a rally outside the newspaper's offices following sweeping layoffs. Photograph: Mehmet Eser/Sopa Images/ShutterstockView image in fullscreenThe Washington Post building sign in February 2026 during a rally outside the newspaper's offices following sweeping layoffs. Photograph: Mehmet Eser/Sopa Images/ShutterstockWashington PostWashington Post’s opinion editor resigns after just one year in roleAdam O’Neal did not give reason for his departure at end of August in another major shakeup at US publication The Washington Post had realized a state of relative calm in the five months since the paper was turned upside down in February, when nearly half the newsroom was laid off and its unpopular publisher, Will Lewis, abruptly resigned. But on Friday, staffers were shocked to find out that Adam O’Neal, a millennial hired last year to lead its opinion section, was already leaving. In a memo to colleagues in the paper’s opinion section titled “A Remarkable Year”, O’Neal gave no reason for his departure, only saying that he had decided to leave and that 31 August would be his last day. Opinion staffers had been given no indication that O’Neal was on the verge of leaving the publication. “It has been a remarkable year, and I’m very proud of everything we’ve accomplished together,” he wrote in the memo obtained by the Guardian. “While this was not an easy decision, I am leaving proud of how far the opinion section has come and optimistic that its best days lie ahead.” In the memo, O’Neal nodded to the controversial decision last year by owner Jeff Bezos to reorient the paper’s opinion section to focus on championing free markets and personal liberties, a move that served to alienate many subscribers. “I joined The Post to lead the opinion section as it began a new chapter, and we have made dramatic changes over the past year. We quickly embraced our mission of championing free markets and personal liberties while simultaneously putting Post Opinions on a sustainable footing,” he wrote. “Our work has become more relevant, accessible and consequential. We regularly publish world-class journalism that finds the audience where it is. This includes agenda-setting columns; news-breaking op-eds; highly influential editorials; and social media content that reaches millions of new people.” Still, one of the section’s top priorities, the launch of a new video podcast called Make It Make Sense, drew backlash on social media for what seemed like warmed-over hot takes and did not draw a large viewership despite generous investment and support from the Post. Following O’Neal’s announcement, Jeff D’Onofrio, who took over as the interim publisher after Lewis departed, emailed the entire staff with the subject line “Thank You Adam.” “This past year, under the leadership of Adam O’Neal, Post Opinions has become more balanced in perspective, more financially sustainable and more accessible to readers than ever before,” he wrote. “I want to thank him for his leadership and hard work in reimagining the section.” Still, it’s extremely unusual for a top Post leader to depart so quickly, particularly one who served as the face of a dramatic reorientation of the section. O’Neal’s predecessor, the veteran journalist David Shipley, resigned after failing to convince Bezos to not move forward with his new mandate for the section, which made the work of many of its longtime writers no longer relevant. Many such writers were encouraged to take a buyout in the summer of 2025 and leave the publication.

Washington Post’s opinion editor resigns after just one year in role
Europe
BBC Business

Anthropic says Claude AI hacked three firms during cyber tests

US technology firm Anthropic says its artificial intelligence (AI) models hacked into the systems of three other firms during a cybersecurity test due to an error that gave them access to the internet. It comes just days after rival OpenAI said that its models had breached the systems of other companies, including AI tools hub Hugging Face. The announcement prompted Anthropic to check whether its own models had carried out similar attacks. It says it uncovered three cases that have since been reported to the affected companies. Anthropic, which did not name the firms, urged other AI labs to perform similar reviews to better understand the risks of their models' capabilities. Anthropic said in a statement, external that it reviewed more than 140,000 tests to find evidence that Claude - its family of AI models - could access the internet from testing environments that were designed to be sealed off. The tests include so-called "capture-the-flag" evaluations in which Claude was tasked with obtaining information by breaching other systems - a common way that experts assess a model's hacking capabilities. A "misconfiguration" on systems run by Anthropic and its testing partner left the models with live internet access, allowing them to breach other systems, the San Francisco-based firm said. Anthropic said the earliest incidents date back to April and that it is "approaching the fixes as if the responsibility were ours alone." Neither Anthropic nor the firms that were breached had noticed the intrusions at the time. Anthropic said it could have reviewed its records more thoroughly and added that the findings gave the firm "cautious optimism" that such risks can be overcome with more investment and tighter measures. The incidents come as tech firms pour billions of dollars into developing AI agents that can independently perform tasks ranging from research and customer support to cybersecurity. A string of AI-driven cyberattacks has fuelled calls for tighter safeguards and oversight of the technology, over concerns about the risks posed by increasingly powerful autonomous systems.

Anthropic says Claude AI hacked three firms during cyber tests
Asia-Pacific
The Straits Times

Japan may have intervened in FX market by spending $46.9 billion to buy yen

Japan has struggled to prevent a decline in the yen, which pushes up import prices and stokes inflation. TOKYO – Japan may have spent as much as US$36.58 billion (S$46.9 billion) to buy yen in the latest action aimed at strengthening the local currency, central bank data indicated on Aug 3, continuing an effort to bring the yen’s value back from historic lows against the US dollar. The Bank of Japan’s (BOJ’s) projection for money market conditions for the following day points to a 11.4 trillion yen (S$93.2 billion) net fund outflow, compared with brokerage forecasts of 5.66 trillion yen to 6.70 trillion yen. Outsized outflows are typically interpreted as correlating with the size of any intervention. Japan and the US have conducted coordinated yen-buying intervention and will not hesitate to take further action, Japan’s Finance Ministry said on Aug 3, confirming rare bilateral action to halt the yen’s slide to 40-year lows. BOJ data on July 31 showed Japan may have sold as much as US$58.97 billion to shore up the yen after the Japanese currency rose sharply in New York on July 30. After paring gains, the yen leapt again late on Aug 3 in what traders suspected was further intervention. The BOJ held its policy interest rate at 1 per cent earlier in the day. A widening interest rate differential with the US, where the Federal Reserve has shifted to a more hawkish stance, has been a key factor in the dollar’s rise against the yen. Japan has struggled to prevent a decline in the yen, which pushes up import prices and stokes inflation, thereby reducing household spending power and pressuring Prime Minister Sanae Takaichi’s public approval rating. REUTERS

Japan may have intervened in FX market by spending $46.9 billion to buy yen
Asia
The Hindu BusinessLine

Q1 Results Today Live: SBI, Titan and Hindalco post Q1 profit growth, Ola Electric & BEML Q1 loss narrowed y-o-y, Hitachi Energy, PFC, Oil India, Kaynes Tech, Ramco Cements, Afcons Infra, Lemon Tree, Cello to announce Q1 results

Two investors are working together with analyzing the stock data graphs in the paper and viewing the data on the laptop screen. istock photo for BL | Photo Credit: wutwhanfoto Q1 Results Today, 07th August 2026 Live Updates: Find all the latest Q1 results 2026 updates of Aarti Pharmalabs, Advait Energy Transitions, Amba Enterprises, Afcons Infrastructure, AG Ventures, Akshar Spintex, Alankit, Anuh Pharma, APM Industries, Aqylon Nexus, Archidply Industries, Arihant Superstructures, Arnold Holdings, Aro Granite Industries. BLS E-Services, a digital service provider firm, posted a profit after tax of Rs 18.6 crore during the June quarter. BLS E-Services provides a diverse range of services, including business correspondent (BC/rural banking outlets) services, and loan disbursement. Total income during the quarter under review stood at Rs 309.8 crore, registering a growth of 23.3 per cent, supported by steady business performance across all business verticals, the company said in a stock exchange filing. - PTI Inox Wind Ltd (IWL) on Friday reported a 34 per cent decline in consolidated net profit to Rs 64 crore in the June quarter mainly due to a dip in revenue from operations. The consolidated net profit was Rs 97 crore in the quarter ended June 30, 2025, an exchange filing showed. - PTI Interarch Building Solutions on Friday said its net profit stayed flat at Rs 28 crore in the April-June quarter of FY27 compared to a year ago. “Profit After Tax (PAT) or net profit stood flat at Rs 28 crore in Q1 FY27 versus Rs 28 crore in Q1 FY26,”, the company said in a statement. Revenue from operations increased by 20.7 per cent year-on-year to Rs 460 crore in Q1 FY27 from Rs 381 crore recorded in the first quarter of the previous fiscal. Ola Electric Mobility reported standalone net loss of Rs 5.63 crore in Q1FY27 as against Rs 55.80 crore loss in March 2026 quarter and Rs 10.56 crore in Q1FY26. • Profitability: Profit before Tax was ~2,429 crores at 11.7% margin, a 64% increase. Adjusting for theimpact of custom duty increase in gold for the quarter, the Profit Before Tax grew 37% compared toQ1FY26.

Q1 Results Today Live: SBI, Titan and Hindalco post Q1 profit growth, Ola Electric & BEML Q1 loss narrowed y-o-y, Hitachi Energy, PFC, Oil India, Kaynes Tech, Ramco Cements, Afcons Infra, Lemon Tree, Cello to announce Q1 results
Asia-Pacific
The Straits Times

How a US-Japan pact to hit yen speculators came together

For Japan, a weak yen has fanned import prices, creating cost-of-living headaches for successive governments. TOKYO – A joint US-Japanese effort to fight off speculative bets against a battered yen last week followed months of preparation by the two nations and a rare and public alignment of interests in Washington and Tokyo over exchange rates. While unilateral efforts by the Japanese authorities to stop sharp yen selling in the past have failed to provide a firm floor for the currency, US Treasury Secretary Scott Bessent’s verbal support for a stronger yen has given bureaucrats in Tokyo a new tool in their fight in 2026. For Japan, a weak yen has fanned import prices, creating cost-of-living headaches for successive governments, including Prime Minister Sanae Takaichi’s. For the US, a weak yen blunts the trade advantage from President Donald Trump’s flagship tariffs, while a related sell-off in Japanese government bonds could spill over to US Treasury yields. The shared currency anxiety has not only forged increasingly cosy bilateral conversations about exchange rates, historically a diplomatically thorny topic for the two economic powers, but also added new pressure for the Bank of Japan (BOJ) to persist with rate hikes. Japan’s Finance Minister Satsuki Katayama said she and US Treasury Secretary Scott Bessent have held talks about 10 times. US participation in yen-buying intervention was considered as early as January, when the New York Federal Reserve made rare rate checks to help Tokyo combat yen declines, said a Japanese government official with knowledge of the preparations. “Including online meetings, we’ve held talks about 10 times for discussions that included exchange rates,” Japanese Finance Minister Satsuki Katayama said on Aug 3, on how frequently she spoke with Bessent. “When he visited Japan in May, we talked 3½ hours, including over dinner,” Katayama said upon announcing Japan’s joint currency intervention with the US. The May talks followed Japan’s huge yen-buying intervention between late April and early May, which failed to reverse the yen’s downtrend. In a sign negotiations were intensifying, Katayama said after the May meeting that the two have been “coordinating very closely on foreign exchange and will continue to do so.”

How a US-Japan pact to hit yen speculators came together
Asia
The Hindu BusinessLine

Top five States account for 54% of Jan Dhan beneficiaries; SBI leads in accounts

More than 54 per cent of India’s 58.7 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts are concentrated in five States, led by Uttar Pradesh with 10.43 crore accounts, according to a businessline analysis of data tabled in Parliament. Bihar, West Bengal, Madhya Pradesh and Rajasthan complete the top five. E More than half of India’s Pradhan Mantri Jan Dhan Yojana (PMJDY) beneficiaries are concentrated in just five states, Uttar Pradesh alone accounting for nearly 18 per cent of the country’s 58.7 crore accounts. Businessline analysis of a response to a starred question in the Lok Sabha reveals that Uttar Pradesh tops the list with 10.43 crore PMJDY accounts. It is followed by Bihar (6.98 crore), West Bengal (5.70 crore), Madhya Pradesh (4.73 crore), and Rajasthan (3.85 crore). Together, these five states account for about 54 per cent of all Jan Dhan beneficiaries. Experts said the concentration reflects both demographics and the scheme’s focus on expanding banking access in less financially included regions. “The top five states are the most populous, least banked and poorest. Hence, population and low baseline inclusion are the two key factors influencing PMJDY coverage,” said Vivek Iyer, Partner and Financial Services Risk Leader, Grant Thornton Bharat. Madan Sabnavis, Chief Economist, Bank of Baroda, said rising government welfare transfers have also contributed to higher balances and greater use of Jan Dhan accounts in these states. “As social welfare spending increases, these states would typically tend to have larger amounts in Jan Dhan accounts,” he said. The quality of PMJDY accounts has also improved over time. The average balance in Jan Dhan accounts rose nearly 10 per cent to ₹4,768 in 2025 from ₹4,352 a year earlier, while the share of zero-balance accounts has steadily declined. The data also highlights the overwhelming role of public sector banks in implementing the scheme. State Bank of India (SBI) alone manages 18.14 crore Jan Dhan accounts (30.9 per cent of the national total). Bank of Baroda (BOB) and Punjab National Bank (PNB) follow with 9.22 crore and 8.8 crore accounts, respectively. However, at the state level, the leading bank varies considerably. BOB has the largest share in Uttar Pradesh and Gujarat; PNB leads in Bihar and West Bengal; Canara Bank dominates Karnataka; while Indian Overseas Bank has the largest share in Tamil Nadu. Meanwhile, SBI accounts for more than half of all PMJDY accounts in Rajasthan. According to Iyer, three factors determine a bank’s dominance in a state: whether it is the designated lead bank, the reach of its regional rural bank network, and the size of its branch footprint. These factors have helped SBI maintain its lead, as it serves as the lead bank in multiple States and Union Territories and has the country’s largest branch network. Sabnavis noted that many public sector banks also retain historical strengths in particular regions, even as they have expanded nationwide. While PMJDY has significantly expanded access to banking, experts cautioned against treating the number of accounts as a complete measure of financial inclusion. “The number of accounts reflects access created, not account usage,” said Iyer, adding that metrics such as direct benefit transfer transactions, account balances, overdraft uptake and RuPay card activation provide a better indication of whether beneficiaries are actively using banking services.

Top five States account for 54% of Jan Dhan beneficiaries; SBI leads in accounts