News

Tyson Spends $70M on New Arkansas Hatchery

The broiler chicken industry is worth a staggering $31.5 billion USD, and this represents significant investment opportunities for big businesses. One such name in the field is Tyson Foods, which has 139,000 employees and earned around $3.55 billion USD from its poultry industry activities overall. Fittingly with such significant income, the brand has been looking […]

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Lamar Jackson seeks trade from Ravens

Contract negotiations between quarterback Lamar Jackson and the Baltimore Ravens have been rocky. In the latest chapter, Jackson has requested a trade from the team. The timing of Jackson’s announcement coincided with coach John Harbaugh speaking to reporters at the NFL’s yearly meeting. Harbaugh remained optimistic about Jackson and indicated the Ravens’ offense is still […]

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White Claw Enters the Premium Vodka Industry, Here’s Why

When it comes to alcoholic beverages, the premium vodka industry is big business in many cases. However, the wider industry as a whole doesn’t entirely share the same fate. In line with this, certain areas of the industry have seen a slump in recent times. Such seems to have been the case for White Claw, […]

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U.S. Treasury Assures Bank Deposit Protection

U.S. Treasury Secretary Janet Yellen assured that the banking system is stabilizing after the bank runs that led to the failure of Silicon Valley Bank and the closing of Signature Bank by regulators. Yellen added that additional measures may be needed to protect depositors’ funds if the country’s smaller banks are infected by the financial […]

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First Republic Banks’ Collapse Drags Other Regional Banks Down

First Republic Bank shares closed Friday with a loss of nearly 33%, despite $30 billion in financial support offered by 11 other major banks over the next 120 days to prevent the regional bank’s collapse. Investor distrust has continued to deepen following the failure of Silicon Valley Bank. The market is concerned that the capital […]

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Mass Layoffs as Tyson Foods Closes Two Chicken Plants

Tyson Foods is one of the biggest food manufacturers globally. The firm even has a total market share of approximately 20% for US chicken, pork, and beef. In line with this, it’s actually the second-largest worldwide producer! However, since the company’s plants are so vast, any closures can significantly impact the local economies – and […]

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U.S. to Impose Inflation Penalties on Drugs

The White House announced on Wednesday that it would apply inflation penalties to the first batch of 27 drugs. Reuters reported that the move seeks to reduce costs for Medicare beneficiaries by between $2 and $390 per average dose. During his speech in Las Vegas Wednesday afternoon, President Joe Biden said his administration is making […]

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Trevor Bauer Inks Deal with Yokohama DeNA BayStars

Free-agent starting pitcher Trevor Bauer agreed to a one-year deal worth $4 million with the Yokohama DeNA BayStars of NPB in Japan, as reported by Japan’s Sakei Sports. Bauer was previously suspended by MLB for 324 games for domestic violence and sexual assault. Last December, Bauer’s suspension was reduced by 130 games by MLB commissioner […]

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Numbers Show Younger Adults Becoming More Prone to Colorectal Cancer

Cancer is undoubtedly one of the most significant challenges of our modern society. Annually, around 230,000 new cases are diagnosed in Canada alone, and a further two million in the United States. And, though the standard of treatment is improving, this doesn’t mean the entire situation is necessarily positive. Overall, the statistics appear to show […]

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Meta Platfform explores creating a new decentralized social network.

The new project of Mark Zuckerberg’s company seeks to become an alternative to Twitter. Meta Platforms Inc, the owner of Facebook, announced this week that it plans to soon launch a new standalone decentralized social network, which will allow sharing text updates just like Twitter, Moneycontrol.com reported. A company spokesperson quoted by the Indian business […]

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