Tyson, the largest American meat company by sales, said that it has invested around $70 million this year and will invest more than $500 million in 2022 as it automates many labor-intensive sections like deboning chicken products.
Author archives: The Epoch Times
Americans Plan to Spend More This Year’s Holiday Season Despite Rising Prices and Product Shortages: Survey
Based on data from the quarterly CNBC All-America Economic Survey, people are willing to spend $1,004 on average for buying gifts, an increase of about 13 percent from 2020 and the highest in three years.
US Regulators Authorize COVID-19 Vaccine Booster Doses for 16- and 17-Year-Olds
The decision drew immediate pushback, with experts noting that young, healthy people are at low risk of severe COVID-19 and at elevated risk of heart inflammation following vaccination.
Microsoft Seizes 42 Websites Used by China-Based Hacking Group to Carry Out Cyberattacks on US Organizations
In a news release, the technology corporation said that a federal court in Virginia had granted Microsoft’s Dec. 2 request to allow its Digital Crimes Unit to seize the U.S.-based websites.
Instagram Unveils Teen Safety Tools Ahead of CEO’s Senate Testimony on App’s Impact on Kids
Adam Mosseri, CEO of Instagram, said in a blog post that the company is rolling out new safety features aimed at the app’s youngest users, with a view to “keeping them safe” on the platform.
How Businesses Are Generating Recurring Revenue Streams
While in its simplest form, the concept of manufacturing may convey the thought of creating and selling a product, today’s connectivity has led to further opportunities. For manufacturers, that includes windows opening to new revenue streams.
Business Economists Expect Persistent Inflation: NABE Survey
A survey released on Dec. 6 by NABE shows that its panel of forecasters expects consumer prices to rise 6 percent in the final quarter of the year compared to the year-ago quarter.
Debt Collectors Can Now Text, Email, and Send Direct Messages to Borrowers on Social Media
New rules approved by the CFPB clarify how debt collectors can use email, text messages, social media, and other contemporary methods to communicate with consumers.
US Employers Added 210,000 Jobs in November, Less Than Half of Estimates
The Labor Department’s jobs report, released Dec. 3, shows that non-farm payroll employment rose by 210,000 in November after rising by a revised 546,000 in October.
Weekly Jobless Claims Rise Again After Touching 52-Year Low
The rebound in initial claims breaks an eight-week straight run of declines.