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Tyson Foods will shut a meat plant in Kansas next year, eliminating 809 jobs, as the company seeks to slash costs amid a downturn in the beef industry.

The package is among the largest seen since 2022, when the Federal Reserve began lifting interest rates, ending the easy-money era.

Walmart Inc.’s corporate employee bonuses are set to surpass targets again this year as the company’s stock soars and sales outperform its retail rivals.

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.

The news follows PepsiCo's confirmation of the Chicago plant's full closure earlier in the week. Sales, delivery and warehouse functions will continue at the other three locations.

PepsiCo said the decision was difficult, but it described the 60-year-old building as a facility with “physical limitations.” The company said it would pay workers for the next 60 days

Top commercial drivers highlighted the trucking workforce’s role in promoting transportation safety and economic prosperity nationwide at an event near the U.S. Capitol.

Albertsons and Kroger insist a merger would help them lower prices and better compete with big rivals such as Walmart, Costco and Amazon.

Kroger Co. lifted its full-year sales guidance as the grocery-store operator benefits from consumers prioritizing spending on groceries and other essentials.

Prior to the past two years, the in-house market share had remained steady at the 67% level throughout the survey’s history, NPTC said.