JBS S.A. — the Brazilian company that is the largest meat processing company in the world — has some key JBS USA food safety jobs to fill after being caught using child contractors for overnight sanitation services.
The jobs are open because federal Judge John M. Gerrard has signed a
Continue Reading JBS caught using child labor for food safety services; contractor called into federal court
JBS USA will hold its third quarter 2020 earnings conference call for the investment community this coming Friday, Nov. 13, 2020. There’s more than just the usual financial news to talk about. CEO Gilberto Tomazon has already told financial analysts that plans dating back to 2015 for an initial public
Continue Reading JBS, S.A. shareholders agree to sue Joesley and Wesley Batista
As it turned out, Manhattan bank accounts and real estate were critical assets in bribing high government officials in a meat scandal in Brazil. And for that, J&F Investments S.A. has to pay millions to the U.S. government to escape criminal charges in North American for bribing Brazilian politicians and
Continue Reading J&F pays for making those ‘Manhattan-style’ bribes to Brazilian officials
Wesley Batista, the former chief executive of JBS S.A. and his brother Jose, who was formerly JBS S.A. chairman, may now return to the management of J&F Investments SA, according to a ruling by Brazil’s Superior Court of Justice.
J&F Investments SA is the Batista family holding company that owns
Continue Reading With Brazil’s economy at pandemic risk, the Batista brothers are back
Two U.S. Senators want an interagency committee authorized to review certain transactions to conduct an open-ended review of Brazil’s JBS S.A., which owns Greeley, CO-based JBS USA.
Sens. Marco Rubio, R-FL, and Bob Menendez, D-NJ, have asked Secretary of Treasury Steven Mnuchin to use the Committee on Foreign Investment in
Continue Reading Rubio and Menendez call for foreign investment probe of JBS, SA
The controlling shareholder in Brazil’s JBS S.A., which in turn owns Greeley, CO-based JBS USA, is once again in federal custody in Brazil. Federal Police returned former JBS Chairman Joesley Batista to prison Friday morning, this time as part of their “Operation Carwash,” the 4-year old corruption probe involving the
Continue Reading Federal Police again arrest JBS shareholder Joesley Batista in Operation Carwash
New Mexico health officials report the state has 30 people with Salmonella Newport infections linked to ground beef. Although the officials didn’t name any companies, it is likely the illnesses are part of a multistate outbreak that is linked to beef from JBS Tolleson Inc.
The JBS operation in Tolleson,
Continue Reading 30 infected in New Mexico; likely part of nationwide Salmonella outbreak
Federal officials have begun releasing names of specific grocery stores and other businesses that received some of the 6.9 million pounds of recalled ground beef and non-intact beef products that are linked to a Salmonella Newport outbreak.
Public health officials have confirmed that 57 people across 16 states have been
Continue Reading FSIS posts partial list of retailers that sold beef linked to Salmonella outbreak
Stearns County Jail photo
Faye Slye, a 37-year old Cold Spring, MN, woman, was sentenced to 90 days in the Stearns County Jail after being convicted of two felony counts of causing damage to property in the first degree.
She also has to
Continue Reading Woman draws jail sentence for contaminating chicken in 2016
The Chinese symbol for crisis is made up of symbols for both danger and opportunity.
And the Brazilian meat packing giant JBS S.A. has certainly been in a crisis during most of 2017, but an investment banker with expertise in emerging markets says there is an opportunity now in JBS,
Continue Reading Exotix says JBS weathered the crisis; public offering possible
