Business

New Jersey set to shed $182M Unilever assets over Ben & Jerry's boycott

A New Jersey state treasury official said on Wednesday it is set to divest $182 million in Unilever Plc (ULVR.L) stock and bonds held by its pension funds over the restriction of sales by the consumer giant's Ben & Jerry's ice cream brand in Israeli-occupied Palestinian territories.

Furniture manufacturers are reporting major shipping delays nationwide

Furniture sales have surged during the pandemic, leading to major backlogs at manufacturing facilities. This means consumers around the nation should expect delays on their orders. A manufacturer in Conover, North Carolina says their shipping times used to be 8 weeks, but now it's taking them 22 weeks to send orders to customers. Industry experts say supply chain shortages are also contributing to the backlog, creating the perfect storm in recent months.