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
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
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 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 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 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
Inflation is coming for Thanksgiving dinner. Turkey’s supplies have been stretched this year after an outbreak of avian flu devastated flocks in the spring and threatens to reappear in the fall, meat industry executives said. Reduced flocks have lifted turkey prices to record highs, analysts said, and price tags for the feast are likely to … Read more
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
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Text size Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights of the economic data calendar. On Monday, Tyson Foods , BioNTech , AIG, and Take-Two Interactive Software will report. Coin base Global, Norwegian Cruise Line Holdings , Sysco , and Ralph Lauren … Read more