Hormel Foods is cutting 250 corporate and sales jobs as part of a restructuring. The owner of such brands as Planters, Skippy ...

Austin-based Hormel Foods will be eliminate 250 jobs as a part of corporate restructuring. The Fortune 500 company announced ...

Hormel Foods is set to report its fourth-quarter results soon, and analysts expect a single-digit earnings decline.

Elon Musk’s AI company compelled its employees to submit their own biometric data to train its “Ani” female chatbot, ...

Half of the cheap-and-tasty paradigm that makes junk food so appealing is collapsing: Many of those guilty-pleasure treats ...

The company said it no expects sales for the fiscal fourth quarter will be toward the top end of its earlier guidance of between $3.15 million and $3.25 billion, but earnings per share on an adjusted ...

The corporate restructuring at the Austin-based Spam-maker follows heavy inflation and a dim earnings outlook.

Hormel Foods warned that earnings in the latest quarter were squeezed by price pressures, bird flu and a fire that damaged its Arkansas peanut butter production facility.

Hormel said it now expects sales for the fiscal fourth quarter will be toward the top end of its earlier guidance of between $3.15 million and $3.25 billion, but earnings per share on an adjusted ...

Most of those affected were so-called “AI tutors,” staff who refine the large language models that power xAI’s flagship ...

Also in this week’s food and ag roundup, food volumes fall, more on Minnesota’s soybean situation and why Halloween spending ...

Elon Musk's xAI is facing serious allegations regarding the treatment of its employees' biometric data. A Wall Street Journal ...