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    TYSON FOODS INC

    Climate change poses a child labour ‘threat multiplier’

    At least 160 million children, or one in 10, are part of the global workforce—and climate change is a “threat multiplier,” according to recent research published by the International Labour Organization.

    Rising livestock emissions undermine world’s climate fight

    The climate footprint of the food industry accounts for nearly a third of global greenhouses gases. Livestock releases potent methane and makes up 14.5% of worldwide emissions.

    Tyson Foods to recall around 30,000 pounds of dinosaur-shaped nuggets; Here’s why

    FSIS urges anyone with a bag of the recalled "Fun Nuggets" to either dispose of them or return them to their place of purchase. They caution against consuming the product.

    US stock market: Dow Jones, S&P 500 regain ground as US inflation report nears

    U.S. stocks have sharply rallied in 2023, with the benchmark S&P 500 rising 17.7% this year, fueled by optimism around artificial intelligence and hopes of a soft landing for the world's largest economy.

    Recession? Corporate America’s earnings say it’s already arrived

    The profits of S&P 500 companies are estimated to have dropped 3.7% on average compared to a year ago, indicating the second straight quarter of earnings declines for US corporate America. Bearish earnings forecasts suggest the pinch from higher interest rates and wilting consumer demand will extend into Q3 2023, backtracking on earlier predictions of an earnings recovery by that time. A slowing economy is having a toll on profit margins, which according to consensus forecasts will not recover before the final quarter of 2023. Corporate share purchases, a big source of support on Wall Street, are waning.

    US stock market: S&P 500, Dow end mixed ahead of inflation data

    U.S. stocks lacked direction and struggled on Monday, with Catalent and Tyson Foods posting poor earnings. On Friday, the U.S. jobs data allayed fears of a labor market shortfall, driving stocks upwards. Investors’ attention will now be on Wednesday’s consumer price index data to assess whether the Federal Reserve’s tight monetary policy is keeping inflation under control.

    The Economic Times
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