Latest Tyson Foods Inc News

Tyson Foods CEO Banks leaving company; King named successor

Jun. 02, 2021 10:31 AM EDT

Tyson Foods President and CEO Dean Banks is leaving the poultry company for personal reasons, having served less than a year in the top post. Tyson named Banks as CEO in August, but he took officially took over the position from Noel White in October. The company said...

Former Emporia Tyson employee pleads guilty in fraud scheme

May. 18, 2021 11:10 AM EDT

EMPORIA, Kan. (AP) — A former Tyson Foods employee faces sentencing in July after admitting that he defrauded the company out of more than $416,000 while working at its Emporia plant. David John Ranger was plant maintenance manager at the Emporia plant when he used...

DoorDash, Dillard's rise; Disney, Poly fall

May. 14, 2021 16:56 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Walt Disney Co., down $4.64 to $173.70. The entertainment giant reported lower revenue on weakness in its theme park business, and subscriber additions at its video...

General Mills dives deeper into the pet business

May. 14, 2021 12:04 PM EDT

SILVER SPRING, Md. (AP) — General Mills is diving further into the red-hot pet food market, acquiring Tyson Foods' animal treat business for $1.2 billion in cash, the companies said Friday. Best known for Cheerios, Betty Crocker and Pillsbury, General Mills in 2018...

9,000 employees sick as COVID overwhelms Arkansas workplaces

May. 12, 2021 14:43 PM EDT

SPRINGDALE, Ark. (AP) — Poultry giant Tyson Foods Inc., the third-largest employer in Arkansas, reported 2,866 COVID-19 cases at its workplaces, nearly one-third of the state’s 9,065 sickened workers across all industries from May 19, 2020, to April 8, 2021, according to an...

Rising commodities costs hit Americans at home and on road

May. 12, 2021 14:00 PM EDT

NEW YORK (AP) — Rising prices for a variety of commodities are contributing to a jump in prices at the consumer level, with Americans paying more for meat, gasoline, items they keep in their homes and even the homes themselves. The government said Wednesday that...

Tyson raising pay to keep up as US chicken demand soars

May. 10, 2021 19:08 PM EDT

Tyson Foods says it’s raising wages to combat absenteeism and worker turnover at its plants as U.S. demand for chicken soars. The Springdale, Arkansas-based company, which processes 20% of U.S. beef, chicken and pork, said Monday that absentee rates are around 50%...

Today in History

May. 05, 2021 00:06 AM EDT

Today in History Today is Wednesday, May 5, the 125th day of 2021. There are 240 days left in the year. Today’s Highlight in History: On May 5, 1925, schoolteacher John T. Scopes was charged in Tennessee with violating a state...

Powerful Iowa companies got state testing help, records show

Apr. 27, 2021 13:39 PM EDT

IOWA CITY, Iowa (AP) — When Gov. Kim Reynolds’ administration arranged coronavirus testing at the office of the governor’s biggest campaign donors, it was the first time in weeks and last time ever the state would deploy a testing team to a private business, newly released records show....

Today in History

Apr. 22, 2021 00:06 AM EDT

Today in History Today is Thursday, April 22, the 112th day of 2021. There are 253 days left in the year. Today’s Highlight in History: On April 22, 2005, Zacarias Moussaoui (zak-uh-REE’-uhs moo-SOW’-ee) pleaded guilty in...