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

Financial advisers are expressing caution about buying Twitter shares as Elon Musk finally moves ahead with his $44 billion offer and it’s time to give more legal and financial breaks to singles, a law professor says.

Financial advisers are expressing caution about buying Twitter shares as Elon Musk finally moves ahead with his $44 billion offer and it’s time to give more legal and financial breaks to singles, a law professor says.

Hello, MarketWatchers. Don’t miss these top stories. Fewer than 50% of American adults are now married. It’s time to give more legal and financial breaks to single people, says law professor. Fewer people choose to form traditional nuclear families. Read more Where’s the beef? Rancher sentenced to 11 years in prison for defrauding Tyson Foods … Read more

Tyson Foods closes offices in Chicago, South Dakota, relocates employees

Tyson Foods closes offices in Chicago, South Dakota, relocates employees

Tyson Foods Inc. TSN -0.97% is closing several of its corporate offices across the country as rising costs squeeze the meat giant’s bottom line after two years of soaring profits. Tyson said Wednesday it is closing offices in Chicago, Downers Grove, Ill., and Dakota Dunes, S.D., which currently house many of its prepared foods and … Read more

Tyson Overhauls Management as Meat Giant’s Profits Are Pressured

Tyson Overhauls Management as Meat Giant’s Profits Are Pressured

Tyson TSN 0.04% Foods Inc. is overhauling its executive ranks as the largest US meat supplier’s costs rise and some sales slow, pressuring the company’s bottom line after two years of soaring margins. The Arkansas company this week shifted executives into new roles heading finance, commercial operations and prepared foods, including appointing John R. Tyson, … Read more

Beyond Meat CEO arrested after allegedly biting man’s nose in fight

Beyond Meat CEO arrested after allegedly biting man’s nose in fight

Beyond Meat Inc.’s BIND -6.04% The chief operating officer was arrested in Arkansas over the weekend after a physical altercation in which he allegedly bit someone’s nose and threatened to kill him. Doug Ramsey, 53, of Fayetteville, Ark., was arrested Saturday night and charged with terroristic threats and third-degree assault, Arkansas’ Washington County show records … Read more

China buys the farm

China buys the farm

Workers sort fresh pork cuts at a processing plant in Zhengzhou, China, 24 November 2017. Photo: dominique patton/Reuters Alarms went off in Washington when the Fufeng Group, a Chinese agricultural company, bought 300 acres of land and set up a milling plant last spring in Grand Forks, ND. The facility is a 20-minute drive from … Read more

There is a carbon dioxide shortage and food and drink manufacturers are distorting

There is a carbon dioxide shortage and food and drink manufacturers are distorting

American food and beverage companies are racing to keep operations running amid a nationwide shortage of carbon dioxide. Companies including Tyson Foods Inc. TSN -1.64% and Kraft Heinz co. VARIOUS -0.50% has been looking for carbon dioxide as supply disruptions this summer exacerbated existing shortages, threatening the production of goods from cold meats to beer. … Read more

Your steak will be cheaper in the supermarket

Your steak will be cheaper in the supermarket

Beef is getting cheaper, bringing some economic relief to American consumers. Beef prices, typically among the most expensive purchases at grocery stores, are falling after more than a year of gains as consumer demand slows for some cuts. Supply is improving due to better staffing at meat plants, and supermarkets are offering more discounts on … Read more

Cargill, Continental Grain Talk Concessions with the Department of Justice on the Sanderson Chicken Deal

Cargill, Continental Grain Talk Concessions with the Department of Justice on the Sanderson Chicken Deal

The Ministry of Justice is discussing this Cargill and Continental Grain Co. potential concessions that could pave the way for companies to acquire poultry breeders Sanderson Farms according to people with knowledge of the case. Discussions with the government involve how farmers and plant workers are being paid, the people said. Cargill, an agricultural giant … Read more

Smithfield Foods, citing high operating costs in California, to close pork factory

Smithfield Foods, citing high operating costs in California, to close pork factory

Smithfield Foods Inc., the largest pork processing company in the United States by volume, is closing a 1,800-person factory in California and shrinking the size of its pork herd in the region, saying the cost of doing business in the state was not worth it. Smithfield, owned by Hong Kong-based pork conglomerate WH Group said … Read more