7 articles
JBS co-owner Joesley Batista lobbied Trump to cut beef tariffs, prompting an agreement to ease taxes and lower ground beef prices by 25%. WSJ confirmed the meeting, though Reuters could not verify the
Brazil's JBS offered $28.49 per share to acquire remaining stakes in U.S. poultry producer Pilgrim's Pride, seeking full control. The proposal follows recent protein production investments and comes a
Brazilian meatpacker JBS plans to appoint Wesley Batista Filho as its new CEO, replacing Gilberto Tomazoni, according to a report by newspaper O Globo.
JBS agreed to a joint venture with Indonesia's sovereign wealth fund PT Danantara, committing $2.5 billion to protein production across Southeast Asia and Oceania. The deal includes Australian and New
JBS reported a 56% drop in Q1 net profit driven by North American operational challenges, including high livestock costs and strikes. Strong Brazilian beef sales partially offset losses as global dema
Brazilian prosecutors filed civil actions against JBS and Cargill for sourcing supplies from vendors linked to slavery-like labor. The probe covers over 30 companies, tracing $9.6 billion in operation
JBS ratified a two-year agreement with nearly 3,800 striking Colorado workers, securing a 33% wage increase and eliminating PPE costs. This resolves a month-long strike amidst record beef prices drive
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