OMAHA, Neb. (AP) — A Wisconsin company that cleans hundreds of meatpacking plants nationwide is defending itself against allegations that it employed more than two dozen minors working overnight shifts cleaning massive saws, grinding machines and other dangerous processing equipment at three slaughterhouses. Labor Department officials said in court...
In a landmark ruling destined to save billions of animal and human lives, the Food and Drug Administration recently ruled that meat cultivated from animal cells is safe to eat. The ruling was granted to Upside Foods, funded by Bill Gates and Richard Branson, but also by meat industry giants Cargill and Tyson Foods.
Shares of NYSE:TSN opened at $67.14 on Friday. Tyson Foods, Inc. has a 52-week low of $62.94 and a 52-week high of $100.72. The company has a quick ratio of 0.77, a current ratio of 1.81 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $24.14 billion, a price-to-earnings ratio of 7.53 and a beta of 0.72. The company has a 50 day moving average of $67.01 and a two-hundred day moving average of $77.81.
Although the consultancy does not specify the growth in sales of each of the companies, or their market share, it estimates that the 40 largest mass consumption brands in the world, which also include L’Orèal and Kraff Heinz, generated more than a trillion dollars in sales during its last financial year.
Minneapolis Star Tribune
A federal judge has declined to dismiss an antitrust case against several turkey suppliers including Minnesota companies Cargill and Hormel Foods Corp. The lawsuit alleges that large turkey producers shared "competitively sensitive information" to limit the supply of turkeys and fix prices. U.S. District Judge Virginia Kendall issued her order...
Letters: Helping the homeless | Against racism | Extreme proposal | Misplaced praise | Cultivated meat
Submit your letter to the editor via this form. Read more Letters to the Editor. San Jose has a huge issue with homelessness, and San Jose lawmakers act as if they care, but almost never put the work in to fix anything. They seem to cause more issues than they fix.
When you sat down for Thanksgiving dinner this year with friends and relatives, did you know a group of four Katy High School FFA girls have become poultry experts through their FFA training received at Katy High School. In October they were named FFA Poultry National Champions in Indianapolis, Indiana.
The year is 2050. You’re prepping the house for another chaotic Thanksgiving with your kids, in-laws, aunts, uncles, cousins, and even a few friends. As you run through the recipe list for the big day, your heart jumps into your throat when it occurs to you: You forgot to buy the turkey.
Sometime during the pandemic, I found myself at the Apple store in Austin. I needed a replacement for my MacBook Air and a nice lady helping me suggested I add a $400 Apple watch to my purchase. “Why would I need a watch,” I asked. Little did I know then...
Photo: Dot Lane poses for a photo outside Koch Foods of Gadsden. (Courtesy of the Alabama Poultry and Egg Association) Koch Foods of Gadsden Purchasing Manager Dot Lane was recently awarded by Alabama Secretary of State John Merrill for her 55 years of dedicated service in the poultry industry. Since...
Crime in America has recently become a hot topic. It was a main talking point for the Republican Party during the 2022 midterm elections, and some recent reports suggest the topic is not out of left field. Last year, ABC News reported that 12 U.S. cities reached record levels of homicidal crimes. Philadelphia saw its highest number since the 1990s. There's the oft-reported pandemic murder spike, which saw a 30% jump in homicides. Photos of toothpaste and deodorant locked up behind glass cases at drug stores due to the surge in shoplifting have gone viral, reports CNN. And even if it's somehow all just a misunderstanding, people are clearly convinced that crime today is worse than it's been in decades. According to a Yahoo News/YouGov poll, 56% of Americans believe crime is the worst it's been in 30 years, even if the facts don't support that exact claim (via Yahoo!).
Eleven of the largest meat packers in the United States have been accused of wage-fixing in a new lawsuit filed in Colorado. Heinz-Kraft, one of the largest food-processing companies, is also accused in the lawsuit which is seeking class-action status. The suit accuses affiliates the companies of conspiring to drive...
The FDA in the United States has just approved lab-grown chicken. Once approved by the USDA, which will be soon, this chicken will be marketed in America. In Canada, few agribusiness groups take this science seriously. But they should. We knew it would happen sooner or later, but that time...