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Stock impact report

Trump orders meat plants to stay open amid pandemic [Reuters]

Tyson Foods, Inc. (TSN) 
Last tyson foods, inc. earnings: 2/6 07:30 am Check Earnings Report
Company Research Source: Reuters
Trump orders U.S. meat-processing plants to stay open despite coronavirus fears WASHINGTON/CHICAGO (Reuters) - President Donald Trump on Tuesday ordered meat-processing plants to stay open to protect the food supply in the United States, despite concerns about coronavirus outbreaks, drawing a backlash from unions that said at-risk workers required more protection. With concerns about food shortages and supply chain disruptions, Trump issued an executive order using the Defense Production Act to mandate that the plants continue to function. The world’s biggest meat companies, including Smithfield Foods Inc, Cargill Inc, JBS USA [JBS.UL] and Tyson, have halted operations at about 20 slaughterhouses and processing plants in North America as workers fall ill, stoking global fears of a meat shortage. The order is designed in part to give companies legal cover with more liability protection in case employees catch the virus as a result of having to go to work. John H. Tyson, chairman of Tys Show less Read more
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