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The real engine of innovation is trust

Every society in human history, regardless of geography, language, or economic system, has had to answer the same question: how do you build something with people whose commitment has to be earned? The answer is trust. It is what makes two strangers decide to do business, compels an employee to give more than what is…

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How Securities Lawyers Are Fighting Back

Investment fraud is one of the most financially devastating crimes a person can experience. Unlike a car accident or a workplace injury, the damage is not always immediately visible. Victims often spend months or even years watching their savings erode before realizing they have been defrauded, and by that time, recovering those losses can…

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US consumer confidence edges up despite $4 gas prices; inflation worries rise amid Iran war

US consumer confidence rose marginally in March even as fuel prices surged due to the Iran war, highlighting resilience in spending but growing concerns around inflation and economic outlook, according to AP.The Conference Board said its consumer confidence index increased to 91.8 in March from 91 in February, indicating a modest improvement despite rising cost…

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McCormick buys Unilever food business

McCormick will buy Unilever’s food business for a combination of cash and equity, in a deal that values the Unilever unit at nearly $45 billion, the two food companies announced. To purchase most of Unilever Foods’ portfolio, including Hellmann’s mayo and U.K. favorite Marmite, McCormick will pay $15.7 billion in cash. Unilever shareholders will own…

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Iran attacks Gulf, Israeli infrastructure and Trump considers a big strike to wipe out drinking water supplies

U.S. President Donald Trump on Monday threatened widespread destruction of Iran’s energy resources and other vital infrastructure, potentially including desalination plants that supply drinking water, if a deal to end the war is not reached “shortly.” Iran, meanwhile, struck a key water and electrical plant in Kuwait, and an oil refinery in Israel came under attack. A…

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