Tyson Foods sales hit by slowing demand, to shut four more US chicken plants

(Reuters) -Tyson Foods missed Wall Street expectations for third-quarter revenue and profit on Monday, hurt by falling chicken and pork prices as well as slowing demand for its beef products.

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07-08-2023

More big corporate settlements coming, says departing U.S. Justice Dept official

As Kenneth Polite steps down this month as the head of the U.S. Department of Justice's Criminal Division, he will leave behind a flurry of major corporate settlements that he told Reuters in an exit interview will hit federal court dockets soon.

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07-08-2023

Tyson Foods to shut four more US chicken plants

Tyson Foods said on Monday it is closing four more U.S. chicken plants in its latest effort to cut costs.

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07-08-2023

Marketmind: Wall St set for rebound after worst week since March

A look at the day ahead in U.S. and global markets by Samuel Indyk

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07-08-2023

Analysis-Yuan loses core support as firms leave China

Since China opened to foreign investment in 1978 under Deng Xiaoping, global firms have ploughed in hundreds of billions of dollars to buy and build factories for market access and cheap labour, bolstering the Chinese currency.

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07-08-2023

Spirit Airlines to ground seven aircraft due to Pratt & Whitney's new engine problem -CEO

Spirit Airlines will have to ground seven Airbus' A320neo jets after the Labor Day holiday in September through the end of the year due to a snag with RTX's Pratt & Whitney engines, Chief Executive Officer Ted Christie said on Thursday.

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03-08-2023

Cheniere tops earnings estimates despite weaker LNG prices

HOUSTON (Reuters) -Top U.S. liquefied natural gas exporter Cheniere Energy Inc on Thursday reported second-quarter earnings that topped Wall Street forecasts, and raised its full-year profit outlook.

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03-08-2023

Cheniere quarterly revenue tumbles on lower LNG prices

(Reuters) -Cheniere Energy Inc on Thursday reported a slump in quarterly revenue as the top U.S. liquefied natural gas (LNG) exporter was hammered by lower prices for the commodity.

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03-08-2023

USA Today-publisher Gannett raises profit targets as ad demand rebounds

USA Today-publisher Gannett Co boosted its annual earnings expectations on Thursday, as advertising demand recovers from post-pandemic lows.

newspaper

03-08-2023