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Search resuls for: "Patrick Thomas"


14 mentions found


☆ Popeyes, Wingstop, Others Step Up Chicken Offerings as Poultry Prices Drop
  + stars: | 2022-11-28 | by ( Heather Haddon | Patrick Thomas | ) www.wsj.com   time to read: 1 min
Restaurants that have struggled for months with escalating costs are getting a break from chicken. Prices for chicken breasts in the U.S. have plunged about 70% since the first week of June, according to market-research firm Urner Barry. Wings and tenders have gotten cheaper, too, as poultry companies have increased production while demand from restaurants and supermarkets has remained flat, said chicken industry analysts and executives.
☆ Cargill Names Brian Sikes as Chief Executive
  + stars: | 2022-11-21 | by ( Patrick Thomas | ) www.wsj.com   time to read: 1 min
Brian Sikes is set to become the 10th CEO in Cargill’s 157-year history. Agriculture giant Cargill Inc. said its Chief Operating Officer Brian Sikes will take over as chief executive of the Minnesota-based company at the start of 2023. Cargill’s current CEO, David MacLennan , will on Jan. 1 take over the role of executive chair of Cargill’s board ahead of the company’s customary retirement age of 65; Mr. MacLennan is 63. Mr. Sikes, 54 years old and a 31-year company veteran, will become the 10th CEO in Cargill’s 157-year history.
☆ Tyson Foods CFO Apologizes Again for Behavior as Company Profit Is Pressured
  + stars: | 2022-11-14 | by ( Patrick Thomas | ) www.wsj.com   time to read: 1 min
Tyson Foods Inc. Chief Financial Officer John R. Tyson on Monday apologized again after his arrest last week, and the company said its board was launching a review of the incident. Mr. Tyson, the 32-year-old son of the meat giant’s chairman, was arrested on Nov. 6 for criminal trespass and public intoxication, according to a Fayetteville Police Department report. He was found asleep in the wrong Fayetteville, Ark., home, according to the police report.
☆ Farmers Find New Short Corn a Tall Order
  + stars: | 2022-11-08 | by ( Patrick Thomas | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/farmers-find-new-short-corn-a-tall-order-11667921316
☆ Tyson Foods CFO Arrested After Authorities Say He Fell Asleep in Wrong Home
  + stars: | 2022-11-07 | by ( Patrick Thomas | ) www.wsj.com   time to read: 1 min
John R. Tyson was promoted to chief financial officer for the $24 billion meat company in September. John R. Tyson , Tyson Foods Inc.’s chief financial officer and son of the meat giant’s chairman, was arrested over the weekend after authorities said he fell asleep in the wrong house. Mr. Tyson, 32 years old, was found asleep in a woman’s bed at her home in Fayetteville, Ark., on Sunday morning, according to a preliminary arrest report filed by the Fayetteville Police Department. He was arrested for criminal trespass and public intoxication, according to the report, and booked at the Washington County Detention Center. He was released Sunday evening.
☆ Tyson Foods CFO Arrested After Authorities Say He Fell Asleep in Wrong House
  + stars: | 2022-11-07 | by ( Patrick Thomas | ) www.wsj.com   time to read: 1 min
John R. Tyson , Tyson Foods Inc.’s chief financial officer and son of the meat giant’s chairman, was arrested over the weekend after authorities said he fell asleep in the wrong house. Mr. Tyson, 32 years old, was found asleep in a woman’s bed at her home in Fayetteville, Ark., on Sunday morning, according to a preliminary arrest report filed by the Fayetteville Police Department. He was arrested for criminal trespass and public intoxication, according to the report, and booked at the Washington County Detention Center. He was released Sunday evening.
☆ Farm Groups Rally Against SEC Proposal to Report Climate Data
  + stars: | 2022-10-29 | by ( Kristina Peterson | Patrick Thomas | ) www.wsj.com   time to read: 1 min
Agriculture companies and farm groups have said the cost of generating emissions estimates would drive up food prices. WASHINGTON—Big agricultural groups say a proposal from the Securities and Exchange Commission requiring companies to report their carbon footprint could drive small farmers out of business. Skeptics say it is more likely to be a boon for the consulting business.
☆ Justice Department Probes How Poultry Companies Pay Farmers
  + stars: | 2022-10-27 | by ( Patrick Thomas | ) www.wsj.com   time to read: 1 min
The Justice Department is investigating how poultry companies pay their chicken farmers, the latest move by the government to clamp down on an industry payment system that has been criticized by some farmers. Pilgrim’s Pride Corp. the second-largest U.S. poultry processor by sales volume, said in a regulatory filing on Thursday that it learned earlier this month that the Justice Department had opened a civil probe into chicken-grower contracts and payment practices. The Colorado-based company said it would cooperate with the Justice Department.
☆ Grain Traders Reap Benefits of Global Food Crunch, High Demand
  + stars: | 2022-10-26 | by ( Patrick Thomas | ) www.wsj.com   time to read: 1 min
Bulk grain carriers are filled at the Bunge Oilseed processing plant in Emporia, Kan. Some of the world’s largest grain companies posted better-than-expected profits and raised their financial outlooks for the year, thriving off crop shortages and global volatility. Two of the largest farm giants that dominate global grain trading and processing, Archer Daniels Midland and Bunge said this week that despite fears about a recession, demand for their grain, biofuels and livestock feed is strong.
☆ 'Till' review: Danielle Deadwyler shines as Mamie Till Mobley after her son Emmett Till's death
  + stars: | 2022-10-14 | by ( Review Brian Lowry | ) edition.cnn.com   time to read: +3 min
CNN —Getting the delicate balance of the story mostly right, “Till” captures how Mamie Till Mobley turned the inconsolable grief over the murder of her son, Emmett, into resolve and activism. Anchored by Danielle Deadwyler’s towering performance, it’s a wrenching portrayal of reluctant heroism under the most horrific of parental circumstances. Danielle Deadwyler as Mamie Till Mobley. More than 65 years after his death, the Emmett Till Antilynching Act was signed into law earlier this year – a sign, as Chukwu notes in a director’s statement, of “present cultural and political realities” that echo through the film. “Till” clearly felt the weight of that legacy, and there’s a difficult-to-avoid aspect to the production that can’t entirely escape a movie-of-the-week feel.
☆ Supreme Court Hears Arguments on California’s Pig-Welfare Law
  + stars: | 2022-10-12 | by ( Jess Bravin | Patrick Thomas | ) www.wsj.com   time to read: 1 min
A ranch in California, where a state law aims to prevent the confinement of pregnant sows in gestation cages. WASHINGTON—The Supreme Court heard a pork-industry challenge to a California law setting animal-welfare standards for meat sold within the state, but Tuesday’s argument stretched beyond the farm to question a state’s power to enact legislation that affects production beyond its borders. The 2018 initiative, Proposition 12, aims to prevent the confined gestation cages that pig farms typically use to house sows whose offspring are taken for slaughter and sale. The initiative requires at least 24 square feet of space per pig—10 square feet more than the industry says most sows are provided elsewhere in the U.S.
☆ Tyson Overhauls Management as Meat Giant’s Profits Are Pressured
  + stars: | 2022-09-29 | by ( Patrick Thomas | ) www.wsj.com   time to read: 1 min
John R. Tyson, the 32-year-old great-grandson of the founder of Tyson Foods, has been appointed the company’s chief financial officer. Tyson Foods Inc. is overhauling its executive ranks as the largest U.S. meat supplier’s costs rise and some sales slow, pressuring the company’s bottom line after two years of soaring margins. The Arkansas company this week shifted executives into new roles heading finance, commercial operations and prepared foods, including appointing John R. Tyson , the 32-year-old great-grandson of the company’s founder, as chief financial officer.
☆ Food Supply Stays Tight as Disappointing U.S. Harvest Adds to Global Challenges
  + stars: | 2022-09-20 | by ( Patrick Thomas | ) www.wsj.com   time to read: 1 min
A lackluster U.S. harvest this year is setting back efforts to relieve a global food supply that has been constrained by Russia’s war in Ukraine, agriculture-industry executives said. Senior executives from companies such as Bayer Corteva Archer Daniels Midland and Bunge said worldwide crop supplies remain tight, and some said at least two more years of good harvests in North and South America are needed to ease the pressure. Persistent drought conditions in the U.S. and agricultural countries in South America, along with uncertainty over crop production in Ukraine, are making that harder, they said.
☆ Food & Services News
  + stars: | 2022-09-12 | by ( Alistair Macdonald | Karolina Jeznach | Rachel Wolfe | ) www.wsj.com   time to read: 1 min
TechThe grocery-delivery company is one of the few companies in Silicon Valley moving toward a public listing in what may be one of the slowest years for IPOs in decades.
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