Wall Street’s China Ambitions Get Jolt From US Hong Kong Warning
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Wall Street’s China Ambitions Get Jolt From US Hong Kong Warning

President Joe Biden has a message for Wall Street: Beware in Hong Kong. And with that, a question suddenly confronts C-suites across Manhattan. If the White House wants banks to reconsider their presence in Hong Kong because China is tightening its grip on the territory’s legal and financial systems, what does that mean for their…

Smithfield Foods stops slaughtering pigs at U.S. hometown plant
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Smithfield Foods stops slaughtering pigs at U.S. hometown plant

In the meantime, pork shoulder butts that were routinely selling for $1.29 – $1.69 per pound last year in the Midwest are currently selling for $2.59…if you can get it. We really shouldn’t let foreign interests have anything to do with our food supply process. REUTERS: Smithfield Foods, the world’s largest pork processor, has stopped…