Tyson Foods to increase virus testing in US meat plants

Coronavirus causing huge losses for food truck owner Yankee Doodle Dandy’s food truck founder Josh Gatewood outlines to FOX Business how his business is adapting and surviving during the coronavirus outbreak in New York City. Tyson Foods says it plans to administer thousands of coronavirus tests per week at its U.S. facilities under an expanded effort to protect workers and keep […]

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Tyson employee says HR told him, 'Come to work, you're safe'

Hong Kong (CNN Business)China has suspended poultry imports from a Tyson Foods plant in the United States because of concerns about an outbreak of coronavirus at the facility. The country’s General Administration of Customs on Sunday said that Tyson confirmed a “cluster of Covid-19 infections among employees recently” at the plant, which it identified only by a registration number. Asked […]

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Tyson Foods says cooperating with DoJ in chicken price-fixing probe

(Reuters) – Tyson Foods Inc said on Wednesday it was cooperating with the U.S. Department of Justice on a price-fixing investigation in the poultry industry, under a program that could protect the meat processor from criminal prosecution. Tyson, which was served with a subpoena in April 2019, said the formal grant under the DoJ’s corporate leniency program would mean neither […]

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Tyson Foods says coronavirus will continue to limit U.S. meat supply

(Reuters) – Tyson Foods Inc expects to continue idling meat plants and slowing production because of the new coronavirus, the company said on Monday, signaling more disruptions to the U.S. food supply. Tyson reported lower-than-expected earnings and revenue for the quarter ended on March 28, before meat processors began shutting plants as the respiratory illness spread through slaughterhouses. Shares of […]

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Tyson Foods to indefinitely suspend operations at largest pork plant

Tyson Foods to suspend Waterloo, Iowa, pork processing plant Tyson Foods as well as other major food producers are shutting down processing plants due to coronavirus breaking out among workers. FOX Business’ Susan Li with more. Tyson Foods Inc plans to indefinitely suspend operations at its largest pork plant in the United States to contain the rapid spread of the […]

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Tyson Foods reports 2 employee coronavirus deaths

Coronavirus financial assistance for farmers to be released ‘very soon’: US agriculture secretary U.S. Agriculture Secretary Sonny Perdue discusses financial relief for farmers amid coronavirus and keeping the food supply chain up and running. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below Tyson Foods said two employees died of coronavirus after […]

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U.S. pork prices rise as fatal pig disease hits Asia: Tyson Foods CEO

CHICAGO (Reuters) – U.S. pork prices have increased in recent weeks as a fatal pig disease in Asia is reducing global meat supplies, the chief executive of Tyson Foods Inc said on Tuesday, after the company posted lower-than-expected quarterly earnings. The price increase is probably the first time the United States has been significantly affected by African swine fever (ASF), […]

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Bernard Tyson, CEO of Kaiser Permanente, passes away ‘unexpectedly’ in his sleep at age 60

Kaiser Permanente CEO Bernard J. Tyson. (Photo: Kaiser Permanente) Bernard J. Tyson, the chairman and CEO of the health plan provider Kaiser Permanente, passed away in his sleep on Sunday. One day earlier, Tyson spoke at a tech gathering in Oakland, California, called AfroTech where he appeared to be in good spirits, sharing photos on Twitter. The health care executive was 60 years old. […]

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Tyson cuts profit forecast, says slaughterhouse fire among challenges

(Reuters) – U.S. meat processor Tyson Foods Inc (TSN.N) on Tuesday lowered its 2019 adjusted earnings forecast citing short-term challenges due to commodity market volatility, slower-than-expected operational improvements in the chicken segment, and the impact of a recent fire at its slaughterhouse in Holcomb. Tyson now expects to earn an adjusted profit between $5.30 and $5.70 per share, from a […]

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Tyson Foods CEO Tom Hayes departs for “personal reasons”

Only two years after taking the helm at Tyson Foods, Tom Hayes is stepping down as president and CEO of the meat producer, with longtime company insider Noel White tapped to replace him. Hayes will depart at the end of September for “personal reasons,” according to the maker of Ball Park hotdogs and Jimmy Dean sausages. The company did not […]

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