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A boy eats ice cream during the Children's Day celebration in Bangkok, Thailand in January. Photo: Chaiwat Subprasom/SOPA Images/LightRocket via Getty Images

Multinational corporate giant Unilever pledged this week that it will stop advertising food and drinks to children under 12 through traditional media, and kids younger than 13 on social media by the end of the year.

What they're saying: Citing the World Health Organization's alarm bell on childhood obesity, Unilever says that ice cream brand Wall's will not exceed 110 calories or contain more than 12g of sugar per portion.

Between the lines: For Unilever to cut kids' sugar intake to 12g per ice cream serving size, artificial sweeteners may be added, the director of marketing initiatives for the nonprofit Rudd Center for Food Policy and Obesity told the Washington Post.

“Their bottom line is profit, not public health. Without policies that put some rules around marketing to children across all companies, it’s hard to believe one company is going to sacrifice its profits to effectively reduce consumption of unhealthy foods. Policies would be good in that sense because they level the playing field.”
— Fran Fleming-Milici told the Post in an interview

Go deeper: Study: 49% of American adults projected to be obese by 2030

Go deeper

UNC race conscious admissions process upheld by judge

Students walk through the campus of the University of North Carolina at Chapel Hill on Aug. 18, 2020 in Chapel Hill, North Carolina. Photo: Melissa Sue Gerrits/Getty Images

The University of North Carolina at Chapel Hill can continue its race conscious admissions process, a federal judge ruled on Monday.

Why it matters: The case could end up in the Supreme Court after the conservative nonprofit Students for Fair Admissions (SFFA) vowed to appeal the judge's ruling that UNC didn't discriminate against against white and Asian American applicants in its policy that it said was designed to increase diversity.

SEC debunks conspiracy theories about meme stock mania

Photo: Alessia Pierdomenico/Bloomberg via Getty Images

The SEC issued its long-awaited report on the meme stock mania, which downplayed the narrative that a "short squeeze" was the primary driver behind GameStop's historic stock moves — and shot down conspiracy theories about the event.

Why it matters: The postmortem was highly anticipated, largely because of what it could hint about what the regulator thinks should be done in wake of the saga. But the report stopped short of specific policy recommendations.

3 hours ago - Politics & Policy

Breaking Biden's diplomatic logjam

Expand chart
Data: Center for Presidential Transition via Congress.gov; Chart: Will Chase/Axios

The logjam for reviewing and confirming President Biden's ambassadorial picks is finally starting to break.

Why it matters: Biden is far behind his predecessors in the rate at which his ambassadorial picks have been confirmed. The Senate Foreign Relations Committee will hold a series of high-profile hearings and votes this week to finally begin chipping away at the backlog.

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