JBS Profit Surges to Two-Year High on Booming Chicken Demand
JBS, the biggest global meat producer, is reaping the benefits of a world that’s eating more chicken, sending demand surging and helping the company post its best quarterly profit in two years.
Tyson, JBS Set for Earnings Spike From Poultry Rebound
Companies including Tyson Foods and JBS SA, which control a sizable chunk of global meat supplies, are set to report a spike in earnings for the quarter ended in June as a rebound in poultry profits counterbalances a downturn in their U.S. beef operations.
JBS Paid Hackers $11 Million After Hack Closed Plants
JBS USA said it paid $11 million in ransom to criminals responsible for the cyberattack that disrupted meat processing across North America and Australia, the latest high profile example of large corporations falling prey to extortion.
Meat Plant Shutdowns Spreading After Cyberattack on JBS
A cyberattack on JBS SA, the world’s largest meat producer, has forced the shutdown of some of the largest slaughterhouses globally, and there are signs that the closures are spreading.
June 1, 2021