US Dollar Rises as Fed Rate Outlook Stays Hawkish, Euro Slips and Yen Near 40-Year Low 
Gold Price Holds Above $4,000 as Fed Rate Hike Expectations and U.S. Jobs Data Weigh on Market 
Oil Prices Slip as Iran Talks and Strong Supply Outlook Ease Market Concerns 
US Stock Futures Hold Steady Ahead of June Jobs Report as Fed Rate Outlook Remains in Focus 
Anthropic Restores Claude Fable 5 and Mythos 5 After U.S. Lifts AI Export Controls 
Trump Reports $1.4 Billion in Crypto Income as Digital Assets Become Top Wealth Source 
Lockheed Martin Emerges as Frontrunner to Acquire Ultra Maritime in $3.5 Billion Defense Deal 
Moody’s Says Peru’s President-Elect Keiko Fujimori Could Boost Investor Confidence 
Kawasaki Heavy Shares Slide on Report of ¥200 Billion Capital Raise Plan 
SoftBank’s LY Corp, Bain Raise Kakaku.com Bid to ¥670 Billion, Intensifying Takeover Battle 
Oil Prices Slip as Oversupply Concerns and U.S.-Iran Talks Shape Market Outlook 
TetherMax Rebranding Highlights Official Exchange Partnerships as Foundation of Trust 
Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes 
U.S. Dollar Drops as Weak Jobs Data Boosts Fed Pause Bets, Yen Jumps on Intervention Talk 
Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round 
Northern Star Appoints New CEO as Activist Elliott Pushes for Leadership Overhaul 
Gold Price Today: Bullion Heads for First Weekly Gain as Weak U.S. Jobs Data Eases Rate Hike Fears 
Ben & Jerry's, the popular ice cream brand, has brought its parent company, Unilever, to court in an attempt to stop the sale of its business in Israel. The British consumer goods company headquartered in London previously revealed it sold its ice cream biz to a local company, Avi Zinger.
Now it appears that Ben & Jerry's did not agree with the decision, so it is trying to cancel the sale deal. Unilever has made a deal with Avi Zinger so that the sale of Ben & Jerry's ice cream products can continue in the West Bank. Avi Zinger will serve as Unilver's distribution partner, but the ice cream maker filed a complaint regarding this deal.
CNN Business reported that Ben & Jerry's filed a lawsuit against Unilever on Tuesday, July 5, at the US District Court in New York. In its complaint, it is seeking an injunction against its parent company to protect its own brand and social integrity that it has spent many years building.
The ice cream company has been operating in Israel since 1987, but it encountered some issues recently after selling its products in West Bank settlements which Israel considers illegal under international law. The pressure from the issue has led the company to announce that it will no longer sell or bring its ice cream to the area.
The decision set off a conflict with American Quality Products (AQP), Ben & Jerry's longtime distributor in Israel, which sued the ice cream maker and Unilever in March. AQP stated that the companies were "unlawfully terminating its 34-year business relationship in order to boycott Israel."
Unilever is trying to soothe the situation and end the controversies by announcing last week that it sold Ben & Jerry's Israeli business to AQP. The amount of the deal remained unknown up to this day.
With the sale, Ben & Jerry's will be marketed in the Israel and West Bank region under its Hebrew and Arabic names. In the court filing, the ice cream company revealed that the sale came as a big surprise to its board, and its chairman was left stunned after hearing the news. The board then decided to sue Unilever for its actions after five board directors voted to authorize the lawsuit.
As per CNBC, a judge denied Ben & Jerry's application for a temporary restraining order but commanded Unilever to show cause by July 14. It should explain why the court should not issue a preliminary injunction. Meanwhile, Unilever said in a statement that the deal is already closed.
