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Lawrence Journal World in Lawrence, Kansas

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Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Jun 07, 2018

Page

9

Tariffs Hit Pork Sector Threaten Tyson and Costco

The Trump tariffs on steel and aluminum trigger Mexican retaliation targeting 1.42 billion dollars in U S pork and other foods, with Tyson Foods and JBS USA Holdings likely to bear the financial pain. Costco and Wrigley face exposure as processed foods and private label products fall under new duties, per Panjiva S P Global Market Intelligence. Mexico aims to pressure Washington while the broader U S agricultural sector bears about 2.62 billion in retaliatory losses across pork cheese and other consumer goods.

Trump Tyson Foods U.S Mexico JBS USA Holdings Chris Rogers Panjiva S&p Wrigley Costco Washington Rogers American Steel Alu Canada U.S. Meat Export Federation Tyson Thomas Hayes Springdale Ark Hayes Issaquah Wash

UPS Teamsters authorize strike as bargaining continues

The Teamsters representing UPS workers voted to authorize a strike if talks fail to yield a new contract before the master agreement expires July 31. More than 90 percent supported the move, while UPS said a strike is not imminent and negotiations continue over wages benefits and work conditions.

UPS Teamsters Glenn Zaccara UPS Freight Denis Taylor Teamsters Package Division Cochairman Teamsters National Taylor Zaccara Ratifi Cation

Understanding Aggressive and Conservative Investment Portfolios

Aggressive investors take on more risk for higher potential returns, while conservative investors seek lower volatility and accept smaller gains. Stock allocations rise with aggressiveness. bonds and cash anchor conservative and near retirement. Market performance varies, but over decades stocks often outperform bonds and cash. Russell SSE OINDEX closes at 1675.95 with a 0.7% move and 9.2% YTD.

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