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Articles related to "foods"


I spent 6 weeks in China — here are 5 things the country does infinitely better than the US

  • Whenever I talked to friends back home about visiting China for so long, their first question was often, "But didn't you get sick of eating Chinese food all the time?" Friends, if you understood how diverse Chinese cuisine is, you'd know that's a silly question.
  • Tencent and Alibaba's competing mobile payment apps — WeChat Pay and AliPay, respectively — are used by just about everyone in China, from fancy restaurants and high-end designer boutiques down to street vendors, taxi drivers, and even panhandlers.
  • Ninety-two percent of people in China's top cities said that they use WeChat Pay or AliPay as their primary payment method, according to a 2017 study by Penguin Intelligence.
  • While most people know about Chinese internet giants like Alibaba, Baidu, and Tencent, the hottest concept in Chinese tech and startups over the last several years is on-demand services.

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Tyson Foods CEO Tom Hayes is stepping down for personal reasons

  • Tyson Foods CEO Tom Hayes is stepping down for personal reasons, but the management transition does not affect its full-year guidance, the company said Monday.
  • Shares are little changed following the news.
  • Tom Hayes will be succeed by Noel White, formerly group president of Beef, Pork and International at Tyson Foods since September 30, the company said in a statement.
  • Meanwhile, Tyson reaffirmed its adjusted earnings-per-share guidance of $5.70 to $6.00 for fiscal year 2018.
  • And while the sudden CEO transition is a "surprise", it should not cause short-term strategic shifts, according to Jefferies analyst Akshay Jagdal.
  • Jagdale reiterated his $75 price target and "buy" rating for Tyson Foods.
  • Tyson Foods shares are down 21% this year.

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