The Brazilian company’s reorganization plan that has been years in the making received the votes it needed from minority shareholders at a meeting in Sao Paulo, JBS said in a filing.
May 23, 2025Search
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Pershing Square Buys Amazon Stake After 31% Stock Price Drop
Bill Ackman’s Pershing Square Capital Management built a new stake in Amazon, noting that the investor acquired shares at an “extremely attractive” price.
May 23, 2025JBS Vote Spurs SEC Probe Request From Rand Paul
Shareholders in Brazil’s JBS, which has beef, chicken and pork operations stretching from Colorado to New Zealand, will meet on May 23 to vote on the plan to sell shares in New York.
May 19, 2025Walmart Says It Will Raise Prices Due to Tariff Costs
Walmart’s first-quarter profit slipped and it said it must raise prices due to higher costs from tariffs implemented by President Donald Trump.
May 15, 2025ADM Profit Shrinks to Lowest Since 2020
Archer-Daniels-Midland’s earnings shrunk to the lowest level since the pandemic as a difficult crop trading market is complicated by mounting trade and biofuel policy uncertainty.
May 6, 2025Mondelez Says Wary US Shoppers Are Cutting Back on Snacks
Mondelez International posted slower-than-expected sales growth as worries about inflation and the economy push consumers to prioritize essentials over cookies, crackers and sweets.
April 30, 2025Amazon Denies Tariff Label Plans After White House Criticism
Amazon said April 29 it never planned to widely display the cost of President Donald Trump’s tariffs on products after the White House blasted the reported move.
April 29, 2025UPS Plans 20,000 Job Cuts This Year in Pullback From Amazon
UPS expects to cut 20,000 jobs this year and close dozens of facilities as it dramatically reduces shipments for e-commerce giant Amazon.
April 29, 2025Trump’s Tariffs Set to Unleash Supply Chain Jolt on Economy
Since the U.S. raised levies on China to 145% in early April, cargo shipments have plummeted. That drastic reduction in goods hasn’t been felt by many Americans yet, but that’s about to change.
April 28, 2025Walmart Amps Up Discounts to Lure Cost-Conscious Customers
Walmart Inc. is doubling down on discounts, a move to drum up demand and grow market share in the face of macroeconomic uncertainty.
April 24, 2025