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JBS Overcomes Backlash to Secure NYSE Debut

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, 2025

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, 2025

JBS 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, 2025

Walmart 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, 2025

ADM 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, 2025

Mondelez 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, 2025

Amazon 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, 2025

UPS 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, 2025

Trump’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, 2025

Walmart 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