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    Trump returning to Texas for a high-stakes push to keep the state in Republican hands

    President Donald Trump will campaign in Texas to support Republican Ken Paxton in the upcoming midterm elections. This effort is aimed at maintaining Republican dominance in a state where Democrats have struggled for decades. Trump will be joined by Secretary of State Marco Rubio, showcasing a newly arrived Venezuelan oil tanker. Meanwhile, Democrat James Talarico seeks to capitalise on the political environment and Paxton’s challenges.

    Tyson Foods closes beef plants in Joslin, Illinois and Utah, lays off over 3,200 workers as historic US cattle shortage hits meat giant hard

    Tyson Foods is closing its beef plants in Joslin, Illinois, and Eagle Mountain, Utah, affecting more than 3,200 workers as a historic US cattle shortage squeezes the meat industry. The company is restructuring its beef operations amid record cattle prices and tight supplies. With these changes, the company will ramp back up a second shift at its Amarillo, Texas facility as cattle become available.

    Why Americans are leasing fewer cars

    Vehicle leasing has significantly declined in the United States recently. Automakers are now offering less attractive lease rates to buyers. This shift has contributed to a broader affordability crunch for car shoppers. The drop in leasing also reduced the supply of used vehicles. Consequently, prices for pre-owned cars have increased substantially.

    Fermi stock drops sharply after CEO and CFO departures

    U.S. power startup Fermi's shares plummeted 23% after CEO Toby Neugebauer and CFO Miles Everson abruptly departed. Short seller Fuzzy Panda Research alleged fraudulent transfers by Neugebauer and other executives. Despite leadership changes, the company reiterated its operational plan for "Project Matador," an AI-focused electricity generation site.

    Tyson Foods closing Lexington beef plant, cutting amarillo shift amid big losses

    Tyson Foods is closing its beef plant in Lexington, Nebraska, and cutting a shift in Amarillo, Texas. The company faces big losses as U.S. cattle numbers drop. Thousands of workers will be affected. Tyson plans to boost production at other plants. The closures may impact local communities and beef supply, keeping prices high for consumers.

    Monster storm across the US sparks threat of tornadoes and fire, killing at least five people

    A powerful storm system causing tornadoes, dust storms, and wildfires has moved across the U.S., resulting in deaths and significant damage. The extreme weather has affected millions, with high winds and blizzard conditions expected to continue in various regions. Several states have issued evacuations due to the ongoing threats.

    The Economic Times
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