| | Tyson Foods profit falls as plant fires hurt production | | (Reuters) - Tyson Foods Inc , the No. 1 U.S. meat processor, reported a 21.3 percent slump in quarterly profit as a fire at two of its plants in the period disrupted chicken production, hurting sales volumes at the company's second-biggest business. |
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| | Buffett's 'carnival' draws shoppers and the sleep-deprived | | OMAHA, Neb. (Reuters) - Katie Ryerson and her father took a train from their hometown of Columbus, Ohio, to Omaha, Nebraska, for her first Berkshire Hathaway Inc shareholder meeting, a weekend the conglomerate's billionaire chief Warren Buffett calls "Woodstock for Capitalists." |
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| | Fed's goals largely met, U.S. rate hikes on track: Mester | | CHICAGO (Reuters) - The U.S. Federal Reserve has now met its employment goal and is nearing its inflation goal, despite some weak recent economic data, so it should continue raising interest rates, Cleveland Fed President Loretta Mester said on Monday. |
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| | Akzo Nobel rejects third takeover proposal from PPG | | AMSTERDAM (Reuters) - Dutch paint maker Akzo Nobel on Monday rejected a third takeover proposal from PPG Industries , leaving its larger U.S. rival to decide whether to make a formal bid without the support of Akzo's board, or throw in the towel. |
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| | Global stocks, euro fall as Macron win shifts focus to economy | | LONDON (Reuters) - European stocks and the euro pulled back on Monday from highs touched after pro-European centrist Emmanuel Macron's emphatic but well-flagged victory in France's presidential election as investors' focus shifted from politics to monetary policy. |
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| | Brimming U.S. oil storage tanks to feel OPEC cuts last | | NEW YORK (Reuters) - The energy industry scrutinizes U.S. oil stockpile data every week for evidence that OPEC supply cuts are ending a global crude glut, but growing domestic output means the world's largest oil consumer may be the last place to feel the cuts. |
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