Hormel stops operations at supplier farm after video shows animal abuse
(Reuters) – Packaged foods maker Hormel Foods Corp said on Tuesday that it had suspended operations at one its pork suppliers in Oklahoma until it investigates claims that pigs were being abused at the farm.
Electronic Arts revenue rises 7.4 percent
(Reuters) – Video-game publisher Electronic Arts Inc reported a 7.4 percent rise in third-quarter revenue, helped by strong sales of first-person shooter games “Battlefield 1” and “Titanfall 2”.
Exxon boosts capital budget but takes $2 billion charge from XTO deal
HOUSTON (Reuters) – Exxon Mobil Corp boosted its 2017 capital budget on Tuesday on a bet that oil prices have stabilized, but posted its lowest quarterly profit since 1999 as it took a $2 billion charge against the value of natural gas reserves from i…
U.S. oil producer ConocoPhillips raises quarterly dividend
(Reuters) – ConocoPhillips , the largest U.S. independent oil producer, raised its quarterly dividend by 6 percent to 26.5 cents per share.
Insurer Aetna sees Obamacare changes ahead; no word on Humana
(Reuters) – Health insurer Aetna Inc said on Tuesday it lost more money than expected on the Obamacare individual insurance plans, one of the main pillars of the Affordable Care Act that President Donald Trump is working to “repeal and replace.”
Trump puts U.S. food, farm companies on edge over Mexico trade
CHICAGO (Reuters) – U.S. food producers and shippers are trying to speed up exports to Mexico and line up alternative markets as concerns rise that this lucrative business could be at risk if clashes over trade and immigration between the Trump adminis…
As Trump thunders, investors watch for rain
BOSTON (Reuters) – A dizzying stream of market-moving tweets and policy talk by President Donald Trump is finding a hopeful but anxious audience among professional investors looking to make stockpicking great again.
BlackRock U.S. ETF business tops $1 trillion in assets for first time
(Reuters) – BlackRock Inc’s exchange-traded fund unit, iShares, topped $1 trillion in assets in the United States for the first time, a spokeswoman said on Tuesday.
Deutsche Bank plans new bonus system for senior staff: Handelsblatt
FRANKFURT (Reuters) – Deutsche Bank is working on a new, more transparent bonus system for its top executives, German newspaper Handelsblatt reported on Tuesday, citing sources.
Valero says record biofuels compliance costs to continue in 2017
NEW YORK (Reuters) – Valero Energy Corp on Tuesday signaled that record high costs to comply with the U.S. renewable fuels program will continue this year, after the oil refiner was hit with a ballooning tab for the program in 2016.
