Tyson Foods CFO arrested after authorities say he fell asleep in the wrong home

Tyson Foods CFO arrested after authorities say he fell asleep in the wrong home

John R. Tyson, Tyson Foods Inc.’s TSN -0.07% chief financial officer and son of the meat giant’s chairman, was arrested over the weekend after authorities said he fell asleep in the wrong house. Mr. Tyson, 32 years old, was found asleep in a woman’s bed at her home in Fayetteville, Ark., on Sunday morning, according … Read more

Mexico threatens a trade war with the US and Canada

Mexico threatens a trade war with the US and Canada

Relations between the United States and Mexico are on the rocks again, but it is not because of a fast-talking American politician who insults the neighbors. (That was Donald Trump, in case you forgot.) The latest confrontation is a looming commercial conflict sparked by Mexican President Andrés Manuel López Obrador, aka AMLO. Last month, Mexico’s … Read more

Hershey Raises Guidance After Third-Quarter Sales Rise 13%

Hershey Raises Guidance After Third-Quarter Sales Rise 13%

Hershey co. HSY -1.32% raised its guidance for the year after reporting a 13% rise in third-quarter sales on higher-than-expected demand for its snacks and sweets despite rising prices. The maker of Reese’s peanut butter cups and Twizzlers candy said Friday that higher prices helped it offset higher supply chain costs and advertising spending, the … Read more

Elon Musk says Twitter has had a massive drop in revenue

Elon Musk says Twitter has had a massive drop in revenue

Twitter Inc. has suffered “a massive drop in revenue” due to advertisers cutting back on use of the social media platform, new owner Elon Musk said Friday, as the company began sweeping layoffs just over a week after the billionaire took over . Musk, in a tweet Friday, blamed the cut in advertising on “activist … Read more

General Mills, Audi and Pfizer join the growing list of companies pausing Twitter ads

General Mills, Audi and Pfizer join the growing list of companies pausing Twitter ads

Some advertisers are concerned that Mr. Musk may scale back content moderation, which they worry will lead to an increase in objectionable content on the platform. Others are temporarily halting their ads because of the uncertainty in the company as top executives leave and Mr. Musk is considering a number of changes, some of the … Read more

General Mills, Audi and Pfizer join the growing list of companies pausing Twitter ads

General Mills, Audi and Pfizer join the growing list of companies pausing Twitter ads

Some advertisers are concerned that Mr. Musk may scale back content moderation, which they worry will lead to an increase in objectionable content on the platform. Others are temporarily halting their ads because of the uncertainty in the company as top executives leave and Mr. Musk is considering a number of changes, some of the … Read more

Kellogg says supermarket buyers bear higher prices

Kellogg says supermarket buyers bear higher prices

Kellogg co. K -8.32% said consumers are accepting higher prices for supermarket items such as breakfast cereals and snacks, although executives warned that inflation has yet to ease. The Battle Creek, Mich.-based company said it is monitoring household budgets as inflation has hit its highest level in four decades. While consumers are dialing back some … Read more

Mondelez International raises outlook despite lower profits

Mondelez International raises outlook despite lower profits

Mondelez International Inc. MDLZ 0.63% raised its full-year outlook as consumers continue to absorb higher prices for their snacks, although extra costs took a bite out of the bottom line in the third quarter. The Chicago-based maker of Oreo cookies and Triscuit cookies said sales rose 8.1% to $7.76 billion in the latest quarter, driven … Read more

Small-Cap stocks have rarely been so depressed. 7 to buy now.

Small-Cap stocks have rarely been so depressed.  7 to buy now.

Longtime investor Nicholas F. Galluccio has seen his fair share of market turmoil, but one thing has remained constant for nearly four decades: a focus on finding small stocks with big prospects. Galluccio is a portfolio manager at Teton Advisors (ticker: TETAA), a $1.6 billion asset manager specializing in small and microcap stocks. He joined … Read more

The Ministry of Justice is investigating how poultry companies pay farmers

The Ministry of Justice is investigating how poultry companies pay farmers

The Department of Justice is investigating how poultry companies pay their chicken farmers, the latest move by the government to crack down on an industry payment system that has been criticized by some farmers. Pilgrim’s pride corp. PPC 2.92% the second-largest U.S. poultry processor by sales volume, said in a regulatory filing Thursday that it … Read more