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Corporate/Industrial News
Tyson Foods Earnings: Stock Falls After Meat Company Reports $417 Million Loss
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Drug Shortages Are a Boon to One Industry: Compounding Pharmacies
Hospitals increasingly rely on a sector that can start making drugs without FDA approval—and investment is pouring in. Source link
Tesla Finance Chief Zachary Kirkhorn Has Stepped Down
The EV maker appointed Vaibhav Taneja as chief financial officer, succeeding Kirkhorn. Source link
Fanatics Intensifies Trading Card Fight With Lawsuit Against Rival
The legal action comes shortly after sports collectible company Panini had filed an antitrust lawsuit challenging Fanatics’ takeover of the industry. Source link
Fast-Food Customers Are Giving Up on Dining In
McDonald’s and Burger King want big investments in eating areas, prompting pushback from franchisees. Source link
Wind Industry Hits Rough Seas
More than $30 billion in spending is delayed as crisis hits the renewable-energy sector that governments view as key. Source link
Campbell Soup to Acquire Maker of Rao's for $2.7 Billion
Campbell said the deal for Sovos Brands is expected to close in December. Source link
The U.S. Has a Beef With Europe—Over Cheese
Feta, Gorgonzola and Parmesan must be made in certain countries to be sold in the EU under those names. U.S. producers want change. Source link
Yellow Files for Bankruptcy After Shutting Down
The bankruptcy follows years of struggles as it tried to address the debt it accumulated through a series of mergers and a $700 million federal
The Era of Ultracheap Stuff Is Under Threat
Factories across Asia are struggling to attract young workers. That’s bad news for Western consumers accustomed to inexpensive goods made in the region. Source link