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DoJ Opens Criminal Probe Into Meatpacking Cartel As Food Stocks Slide
DoJ Opens Criminal Probe Into Meatpacking Cartel As Food Stocks Slide
Shares of Tyson Foods and Smithfield Foods fell in late-morning trading in New York after The Wall Street Journal reported that the Justice Department's antitrust division has opened a criminal probe into major meatpackers.
The report follows President Trump's push for an investigation into meatpackers as supermarket beef prices remain near record highs.
Criminal antitrust cases are typically brought for alleged price-fixing, collusion, or bid-rigging. While the DoJ previously disclosed an investigation into beef companies after Trump called for action, it...
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Arab States Voice Outrage Over New 'Illegal' Embassy Opening In Jerusalem
Arab States Voice Outrage Over New 'Illegal' Embassy Opening In Jerusalem
Via The Cradle
Fifteen Arab and Islamic countries condemned on Sunday the decision of the breakaway region of Somaliland to open an embassy in occupied Jerusalem. The foreign ministers of Egypt, Saudi Arabia, Qatar, Jordan, Turkiye, Pakistan, Indonesia, Djibouti, Somalia, Palestine, Oman, Sudan, Yemen, Lebanon, and Mauritania denounced the move in a joint statement on Sunday.
The countries condemned "in the strongest terms the illegal and unacceptable step taken by the so-called 'Somaliland' region in opening a purported 'embassy' in occupied Jerusalem," according...
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