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The Latest Breaking News from Tyson

Tyson closes 4 US chicken plants

The company expects a total charge of $300 million to $400 million from these closures

Salon

Tyson axes “no antibiotics ever” label

The multinational food corporation says the antibiotics it will use "are not important to the treatment of humans"

Salon

Animal rights group says chickens were abused, but Tyson Foods cut ties with the farm on its own

An animal rights group says a Virginia farm that raised chickens for Tyson Foods mistreated the animals

The Independent UK

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Meat prices are falling and that's not good for Tyson Foods

Tyson Foods' stock closed down 16.4% Monday after the company cut its sales forecast.

Axios

Firm that hired kids to clean meat plants keeps losing work

The slaughterhouse cleaning company that was found to be employing more than 100 children to help sanitize dangerous razor-sharp cutting equipment has continued to lose contracts with the major meat producers since the investigation became public last fall

The Independent UK

Judge extends agreement date for Oklahoma poultry lawsuit

A federal judge is giving Oklahoma and nearly a dozen poultry companies, including the world’s largest poultry producer, Tyson Foods, 90 more days to reach agreement on plans to clean the Illinois River watershed polluted by chicken litter

The Independent UK

Tyson will close poultry plants in Virginia and Arkansas that employ more than 1,600

Tyson Foods said it plans to close its processing, broiler and hatching operations in Glen Allen, Va., and a plant in Van Buren, Ark., in an effort to streamline its U.S. poultry business.

WEKU

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Arkansas Tyson workers sue over lack of COVID protections

Thirty-four Tyson Foods employees, former employees and family members have filed a lawsuit against the company

The Independent UK

Tyson, others, lose Oklahoma lawsuit over poultry pollution

The world's largest poultry producer is among nearly a dozen poultry companies that face a March 17th deadline to reach agreement with the state of Oklahoma on how to clean a polluted watershed

The Independent UK

Fake Meat Was Supposed to Save the World. It Became Just Another Fad

Beyond Meat and Impossible Foods wanted to upend the world’s $1 trillion meat industry. But plant-based meat is turning out to be a flop.

Businessweek

E-Bike Company Heybike Unveils The Tyson Folding Electric Bicycle

Electric bike maker Heybike is set to showcase its newest innovation at CES 2023, the Tyson. It features a sleek frame made of one-piece magnesium alloy.

InsideEVs

Methane emissions from 15 meat and dairy companies rival those of the EU

Combined emissions from 15 companies equate to more than 80% of EU’s entire methane footprint, study finds

The Guardian - US

WA reaches $10M settlement with Tyson Foods in chicken price fixing

Tyson Foods, the nation's largest chicken producer, will pay Washington $10.5 million to settle a lawsuit that accused it of a long-running scheme to fix prices and rig contracts in coordination with its major competitors.

Tribune News Service

Tyson Foods will move about 500 corporate employees in Chicago and suburbs to Arkansas headquarters

Meat processor Tyson Foods will move about 500 corporate employees based in its Chicago office and Downers Grove, Illinois, innovation center to its Springdale, Arkansas, world headquarters, the company said in a news release Wednesday.

Chicago Tribune

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Chicago Sun-Times

Tyson moving 500 Chicago, Downers Grove employees to Arkansas HQ

“There are no layoffs associated with this announcement,” a Tyson spokesman said. “We will be offering relocation assistance and severance will be determined on an individual basis for those who choose not to relocate.”

Axios

What history suggests about Twitter vs. Musk's outcome

The Tesla CEO could be forced to acquire Twitter, even if he doesn't want it anymore.

Benzinga

Tyson Foods (TSN) Q3 Earnings And Revenues Surpass Estimates

Tyson Foods (NYSE: TSN) came out with quarterly earnings of $1.94 per share, beating the Zacks Consensus Estimate of $1.91 per share. This compares to earnings of $2.70 per share a year ago. These figures are adjusted for non-recurring items.

Tribune News Service

Twitter assembles legal team to sue Musk over dropped takeover

Twitter Inc. has hired merger law heavyweight Wachtell, Lipton, Rosen & Katz LLP as it races to sue Elon Musk for moving to dump his $44 billion takeover of the company, according to people familiar with the matter.

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Reason

Short Circuit: A Roundup of Recent Federal Court Decisions

Retaliatory investigations, reckless investigating, and a consultant's duty.

Benzinga

Cannabis Movers & Shakers: Chair Of Marijuana Regulatory Body Takes Job At Law Firm With Cannabis Practice, Tyson 2.0 & Curaleaf

Mike Tyson's Cannabis Brand Tyson 2.0 Hires Alc-Bev Industry Veteran As CMO

Benzinga

EXCLUSIVE: Mike Tyson's Cannabis Brand Tyson 2.0 Appoints Alc-Bev Industry Veteran As Chief Marketing Officer

Mike Tyson’s cannabis brand, Tyson 2.0, appointed Jackie (Northacker) Guarini as chief marketing officer to lead the company’s marketing strategy.

Tribune News Service

Meatpackers ignored COVID-19 spread to keep operating, House report says

The nation’s biggest meatpackers ignored warnings that COVID-19 was spreading through their plants, hyped claims of impending shortages and helped draft a Trump administration order to keep the facilities running during the early days of the pandemic, a congressional investigation found.

The Guardian - US

Trump officials and meat industry blocked life-saving Covid controls, investigation finds

Congressional investigation reveals the lengths meat industry went to downplay risks to workers and lobby receptive Trump officials

Tribune News Service

Tyson says high meat prices not yet hitting consumer demand

Meat demand is still going strong despite soaring inflation, according to second-quarter results from Tyson Foods Inc.

StockNews.com

3 Consumer Defensive Stocks to Buy on the Dip: Tyson, Diageo, and Mondelez

The Russian-Ukraine conflict and rising inflation have led to heightened volatility and are raising the possibility of an economic downturn. Consumer defensive stocks are typically known to hold up well in such a tough market environment. Given this backdrop, it could be wise to buy the dip in consumer defensive…

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