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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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Jun 10, 2026 / Tyler Durden
New Arizona Law Targets Demand Behind Prostitution, Sex Trafficking
New Arizona Law Targets Demand Behind Prostitution, Sex Trafficking
Authored by Allan Stein via The Epoch Times,
Arizona has enacted a law that increases penalties for people who buy or attempt to buy sex, and directs new funding to services for victims of sex trafficking.
Under the law, paying, agreeing to pay, or offering to pay for sexual conduct is now a felony offense and carries mandatory jail time. Offenders must also pay a $200 assessment, with all proceeds dedicated to programs that assist trafficking survivors.
A first offense can result in up...
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Jun 17, 2026 / Dave DeCamp
Ben Gvir Says Israel Cannot Stop Destroying Houses in Southern Lebanon
Israeli Minister of National Security Itamar Ben Gvir said on Wednesday that Israel cannot stop destroying homes in southern Lebanon despite the US-Iran Memorandum of Understanding that calls for an end to Israel’s war in the country. “Israel cannot stop the demolition of houses in southern Lebanon. We simply cannot stop, that’s all,” Ben Gvir […]
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Jun 1, 2026 / Tyler Durden
US Moves To Further Restrict China's Access To Advanced AI Chips
US Moves To Further Restrict China's Access To Advanced AI Chips
Authored by Evgenia Filiaminova via The Epoch Times,
The U.S. Department of Commerce has issued new guidance to prevent Chinese companies from obtaining advanced U.S. artificial intelligence (AI) chips, such as Nvidia’s most sophisticated Blackwell processors, through overseas subsidiaries.
The May 31 guidance clarifies that export licenses are required for entities headquartered in China or Macau, regardless of where their affiliates are located.
The U.S. Commerce Department’s Bureau of Industry and Security (BIS) said that licensing requirements for advanced computing items destined...
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