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Hormel Foods has agreed to acquire Brakebush Brothers for about $1.06 billion, according to reports, marking a major expansion of the packaged-foods company’s chicken business. The deal underscores Hormel’s effort to deepen its presence in protein at a time when consumer demand and industry consolidation continue to reshape the meat sector.
Tesla has started delivering its long-awaited Semi electric trucks to an initial group of customers, nearly nine years after Elon Musk first unveiled the vehicle. The launch marks Tesla's push into commercial freight at a time when diesel costs remain elevated and demand for zero-emission trucking is gaining momentum, even as the company continues to face questions over production timing and scale.
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