Tuesday, January 7, 2020

Cargill sees 61% increase in 2Q profits after shifting business to offset disruptions -

While Cargill Inc. continues to grapple with ongoing trade uncertainties that are hitting its North America growers particularly hard, the company is large enough it has been able to adjust its global commodities to minimize the impact to its bottom line.

The Minnetonka-based company’s size and geographic reach, along with the sale of two of its businesses, resulted in a plump profit of $1.19 billion, up 61% from a year ago, for Cargill’s fiscal 2020 second quarter, ended Nov. 30.

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Publisher: Star Tribune
Twitter: @StarTribune
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Other things to check out:

Mold forces closure of 10-business retail outlet in Grand Haven - mlive.com

GRAND HAVEN, MI – High water levels have claimed another casualty, with mold forcing the closure of a retail development housing 10 businesses in the heart of Grand Haven.

The city-owned Chinook Pier establishment will not reopen this summer season, and probably not in 2021 either, said Grand Haven City Administrator Pat McGinnis.

At least one business, and perhaps several others, are expected to relocate temporarily to the old Grand Trunk depot building, formerly where the historical museum was located, near the city's waterfront stadium.

Publisher: mlive
Date: 2020-01-07T20:16:29.290Z
Author: https www facebook com lynn moore 16
Twitter: @mlive
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Hunter Biden custody judge slams firm for 'frivolous' filings | Fox Business

Trump 2020 campaign senior adviser Corey Lewandowski says the mainstream media tends to ignore scandals or questions surrounding Democratic presidential candidate Joe Biden.

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Casey had twice requested to be named an “intervener” in the paternity battle  over a child Hunter  Biden  shares with Lunden Roberts, who met the scandal-plagued businessman at a Washington, D.C., strip club where she worked. While a DNA test confirmed Biden is the baby's father, the parents are at odds over issues such as child support.

Publisher: Fox Business
Date: 2020-01-07
Twitter: @FoxBusiness
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The Best Business Strategy For Surviving A Recession? Not What You'd Think.

For the past decade, the United States has enjoyed the longest economic expansion in American history.  One thing's for sure, though – it's not going to last.

It's been a while since the U.S. had a recession, so it's worth reminding everyone that these downturns are a normal part of the economic cycle.  Expansions lead into contractions which then lead into more expansions, and so on.  The next downturn is coming, even if no one (not even the most brilliant CEO) can predict exactly when.

Publisher: Forbes
Date: 2020-01-07
Author: Jon Picoult
Twitter: @forbes
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This may worth something:

Award Winning Mustard Made Right in the Finger Lakes

A family-owned business in Canandaigua has perfected the levels of heat and sweet in more than 20 flavors of handcrafted mustard. 

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Pat Coggi and his wife Emma own Mustard Seed 'N' More along with longtime family business, Lafayette Motel & Restaurant .

"We bought the business 15 months ago and we changed the label and we went back to the name Mustard Seed 'N' More (formerly Maggie's) so we are trying to get out there to a lot of specialty food shops and wineries," said Coggi.

Date: HTML5 Flash
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Impossible Foods debuts plant-based pork | Fox Business

Impossible Foods CEO and founder Pat Brown discusses the popularity of the Impossible Burger and his company's new plant-based foods.

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Impossible Foods Inc. is debuting a plant-based pork alternative. (Patrick T. Fallon/Bloomberg via Getty Images).

"Overall our goal has always been to completely replace animals as a food technology by figuring out how to create meat products that do a better job serving consumer needs," Impossible Foods CEO Pat Brown told FOX Business. "We want to focus on making a product that delivers all the sensory pleasures that people want from pork that has a better nutritional profile."

Publisher: Fox Business
Date: 2020-01-06
Twitter: @FoxBusiness
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Broadcom unloads Symantec security business to Accenture for undisclosed sum | FierceTelecom

Two months after closing its deal to buy Symantec's enterprise security business for $10.7 billion, Broadcom announced Tuesday it was selling it to Accenture for an undisclosed sum.

Accenture said the deal would make its Accenture Security unit a leading managed services provider by enhancing its ability to help companies "rapidly anticipate, detect and respond to cyber threats."

Accenture is picking up Symantec's cyber security portfolio, which includes threat monitoring and analysis via a global network of security operation centers (SOCs), real time adversary and industry-specific threat intelligence and incident response services.

Publisher: FierceTelecom
Date: 2020-01-07T12:19:40-0500
Author: Mike Robuck
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Why Apple's Wearables Business Likely Crushed It (Again) in Q1 | The Motley

But investors shouldn't overlook Apple's smallest but fastest-growing segment, referred to as "wearables, home, and accessories." The segment, which includes sales of wearables devices like Apple Watch, AirPods, and Beats-branded earphones, as well as Apple's HomePod and other accessories, is seeing explosive growth. Better yet, the segment likely kept up this strong growth in the tech giant's important holiday quarter.

Apple's AirPods Pro. Image source: Apple.https://www.apple.com/newsroom/2019/10/apple-reveals-new-airpods-pro-available-october-30/

Publisher: _____
Date: 2020-01-07T10:45:00-05:00
Author: Daniel Sparks
Twitter: @themotleyfool
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