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Tyson Foods beats profit estimates on cost control efforts, sales slip

Tyson Foods surpassed Wall Street expectations for second-quarter profit on Monday, as it begins to reap the benefits of shutting some chicken processing plants to reduce costs.

Spirit Airlines forecasts weak Q2 revenue on slow growth in domestic demand

Spirit Airlines forecast weak second-quarter revenue on Monday due to sluggish improvement in domestic demand and grounding of dozens of its aircraft.

US utility Allete goes private in $6.2 bln deal

Allete said on Monday a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners would acquire the U.S. utility for $6.2 billion, including debt.

Colombia's Ecopetrol exploring participation in offshore wind auction

Colombia's majority state-owned energy company Ecopetrol is analyzing its potential direct participation in the Andean country's first-ever offshore wind auction, the company said in a statement to Reuters.

Loews reports higher profit on strong returns on investment income

Loews Corp on Monday reported a near 22% jump in first-quarter profit compared with the previous year, helped by higher premiums and strong returns on its investments.

Futures tread higher after big gains on Friday

U.S. stock index futures edged higher on Monday, pointing to more gains on Wall Street after a jobs data-led rally in the previous session, as traders priced in a higher chance of the Federal Reserve cutting interest rates this year.

Massachusetts top court to hear challenges to gig worker ballot measures

The top Massachusetts court on Monday is set to consider whether the state's voters will get to decide two ballot proposals in November that would redefine the relationship between app-based companies like Uber Technologies and Lyft and their drivers - one backed by industry and the other by labor.

Denny's faces proxy vote over pig gestation crate pledge

An upcoming shareholder vote at Denny’s Corp could pressure the company to set targets for reducing its use of pork from suppliers that keep pregnant pigs in tight confinement, called gestation crates.

Warren Buffett's successor Greg Abel seen preserving Berkshire's culture

When Greg Abel succeeds Warren Buffett at the helm of Berkshire Hathaway , he is expected to preserve the culture at the behemoth even if he does not match the star power of his legendary boss.

Warren Buffett's fans plot their own course for when he leaves

Warren Buffett, the 93-year-old billionaire chief of Berkshire Hathaway, mulled his future in telling shareholders on Saturday that if he were lucky, he would have another six or seven years but added that "it could end tomorrow."

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