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Visualizing The Beef-Margin Bloodbath Behind Tyson CEO's Exit
Visualizing The Beef-Margin Bloodbath Behind Tyson CEO's Exit
Tyson Foods CEO Donnie King is stepping down after five years at the helm of the nation's largest meatpacker, with the stock having languished under his tenure as the company battled some of the worst cattle-market conditions in a generation.
Jeff Schomburger, a long-time Tyson board member, will become president and CEO on October 4. King, a 43-year Tyson veteran, will remain on the board and help with the transition beginning in July.
"The board and I are confident in Jeff Schomburger's ability...
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Apr 8, 2026 / Tyler Durden
The Great Retreat: Beijing's Digital Currency Ambitions Are Faltering
The Great Retreat: Beijing's Digital Currency Ambitions Are Faltering
Authored by James Gorrie via The Epoch Times (emphasis ours),
For years, the Chinese Communist Party (CCP) has positioned the digital yuan (e-CNY) as the ultimate weapon of financial totalitarianism. It was intended to be the crowning achievement of the surveillance state. With a programmable, traceable digital currency, Beijing thought it would finally break the back of private payment giants like Alipay and WeChat Pay.
Signage of the Chinese digital currency is seen near a coffee store in the New Actuation Fintech Center...
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Feb 24, 2026 / Dave DeCamp
Israeli Opposition Leader Backs ‘Biblical Borders’ for Israel After Huckabee Controversy
Israeli opposition leader and former Prime Minister Yair Lapid backed the idea of Israel’s “biblical borders” when asked about the US Ambassador to Israel Mike Huckabee’s belief that Israel had the divine right to take over all the land between the Nile and Euphrates rivers. “I support anything that will allow the Jews a large, […]
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Apr 21, 2026 / Tyler Durden
NewMexit: Secession In The Southwest?
NewMexit: Secession In The Southwest?
Authored by Stephen Anderson via The Mises Institute,
Lea and Roosevelt counties in the US state of New Mexico (NM) in 2026 are seeking to secede and join the state of Texas.
“There was a state representative or two from New Mexico who were expressing frustration with the government in Santa Fe,” Texas State Representative Carl Tepper said.
“They have expressed an interest in being annexed by Texas, . . .”
Their action is referred to as “NewMexit.”
Ludwig von Mises wrote many times that a group of people in a sovereign...
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