Latest news with #JBS
The Hindu
6 days ago
- Climate
- The Hindu
Sudden downpour causes traffic jams across Hyderabad, IT Corridor on July 18
Sudden rains brought commuters on their knees on Friday evening, with the arterial roads connecting Hyderabad and the IT Corridor in Cyberabad experiencing bumper-to-bumper traffic and jams. Hyderabad Traffic Police issued multiple advisories on social media platform X, urging commuters to avoid travelling unless necessary and warning of a 'high lightning risk.' 'Due to heavy rainfall and waterlogging, vehicular movement is slow from JBS, Kharkhana, McDonald's, RTA Trimulgherry towards Alwal Junction,' the department tweeted around 4 p.m. Delays were also reported on routes leading from PVNR, Attapur and Narsingi to Lakdikapul and Banjara Hills, prompting police to suggest alternate routes. Traffic bottlenecks were particularly severe near Chilkalguda, Indira Park, Chatrinaka and Langer Houz, where roads were inundated. Overflowing drains were also reported at MBNR X Roads, Karbala Maidan and the underpass near Alugaddabavi. Waterlogging around New Market Metro Station and other arterial stretches slowed traffic to a crawl, leading to widespread delays during the evening rush. 'It usually takes me about 20 minutes to get from Trimulgherry to Secunderabad Clock Tower, but today it took almost an hour,' said M. Praveen, a commuter caught in the downpour. 'Traffic was at a snail's pace, and with water everywhere, it was a nightmare,' he said. In Cyberabad, scores of IT employees were left stranded as traffic delays mounted by the minute. Cars and pushcarts were seen submerged in knee-level water on the Gachibowli main road, also called the Preston Prime Mall road. Angry netizens called for better road infrastructure and timely repair works to avoid inundation. 'See this is how west Hyderabad looks after 2 hrs of continues rains,' said one of the X users. 'This particular section has been the same since past few years. They should build a big drain from here to Khajaguda lake nearby,' said another. Around 5.30 p.m., Google Maps showed a 45-minute delay on the Hitec City main road, a 43-minute delay on the PV Narsimha Rao Expressway, and a 22-minute delay on the Gachibowli–Miyapur road. The Hitec City road and Gachibowli road each saw delays of 18 minutes, while the Balanagar main road reported a 15-minute delay. Commuters on the Gachibowli flyover and the Kukatpally Housing Board (KPHB) to Hitec City road faced delays ranging between 13 to 15 minutes, with wait times only worsening as the evening progressed. Social media was flooded with complaints from frustrated commuters caught in the gridlock. 'We are stuck on the AMB flyover for over 30 minutes, please help,' posted Vaibhav Patel, tagging the Hyderabad Traffic Police on X. The six-lane third-level flyover, officially known as the P. Janardhan Reddy (PJR) flyover was inaugurated just three weeks ago, is already witnessing serious traffic snarls. At Kothaguda Junction, commuter Sunil K. raised concerns over the reckless behaviour of food delivery riders. 'It's horrible here with delivery bikes not caring for traffic signals and jumping them. They're driving all around. This needs to stop and traffic sense needs to be enforced,' he wrote. With more showers forecast in the coming days, officials have urged citizens to stay indoors unless travel is absolutely necessary.
Business Insider
7 days ago
- Business
- Business Insider
Analysts See Over 45% Upside in These 3 Dividend Stocks – 7/17/2025
Dividend-paying stocks are a great way to generate passive income and can be considered a safe bet in the current uncertain market situation. Furthermore, these stocks have the potential to generate notable capital gains. To assess these returns, investors can use TipRanks' Dividend Calculator, which helps estimate future income based on investment size. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Leveraging TipRanks' Best Dividend Stocks Screener, we have identified three stocks with Strong Buy ratings from analysts. These stocks also offer a dividend yield above 6%, and analysts see over 45% upside for each in the next 12 months. Here are this week's stocks: Viper Energy (VNOM) – This is a U.S.-based company that owns and buys mineral and royalty interests in oil and natural gas fields, mainly located in the Permian Basin. The stock has a dividend yield of 6.14% and a Smart Score of nine. In the last three months, all 13 Wall Street analysts covering VNOM stock have rated it a Strong Buy, with their 12-month consensus price target indicating an upside of about 48.04%. Upbound Group (UPBD) – Upbound Group helps people get furniture, electronics, and appliances through lease-to-own plans under brands like Rent-A-Center and Acima. The stock carries a dividend yield of 6.22% and a Smart Score of nine. Interestingly, four out of the five Wall Street analysts covering UPBD stock have rated it a Buy, with their 12-month consensus price target indicating an upside of about 45.7%. JBS (JBS) – JBS is a Brazil-based company that produces beef, poultry, and pork products and sells them in domestic and international markets. The stock carries a dividend yield of 29.81% and a Smart Score of 'Perfect 10.' In the last three months, all nine Wall Street analysts covering JBS stock have rated it a Strong Buy, with their 12-month consensus price target indicating an upside of about 59.61%. TipRanks Smart Dividends Newsletter delivers a weekly high-quality dividend stock recommendation, backed by detailed analysis and up-to-date market insights. A well-chosen dividend stock can enhance your income investment portfolio and potentially yield long-term returns. For a complete list of dividend stocks and their payout dates, check out the TipRanks Dividend Calendar.
Yahoo
15-07-2025
- Yahoo
Worker says she was pushed to falsify safety records and saw employees lose limbs at Trump-aligned meatpacking plant
A Colorado woman working for the world's largest meatpacking company – and major Trump supporter – claims supervisors pressured her to falsify safety records while workers were regularly losing fingers and limbs due to inadequate training. Salima Jandali, an aspiring police officer who speaks three languages and has a Bachelor's degree in political science and anthropology from the University of Northern Colorado, says her supervisor regularly denigrated her as a 'stupid Arab' and forced her and others to work without proper protective equipment. When Jandali, 31, complained to management about what she saw as dangerous shortcomings at the JBS USA beef processing plant in Greeley, roughly 50 miles north of Denver, her locker was vandalized, her Islamic prayer beads were thrown in the trash and she was forced out of her job. That's according to a federal lawsuit filed by Jandali, which describes her experience at JBS as 'a disturbing example of systematic workplace discrimination and retaliation against… a Muslim woman and Moroccan immigrant who refused to participate in her employer's illegal, dangerous, and exploitative practices.' Once she left, Jandali 'never wanted to look back,' she told The Independent. Jandali said she witnessed a newly arrived Burmese immigrant get his arm amputated by a processing-floor machine, saw others lose digits and that accidental stabbings with hooks and knives were commonplace. The company constantly said it was short-staffed, and cut corners on safety protocols to make up for it, according to Jandali. However, she went on, many of the new hires didn't speak English and JBS lacked any translation services to help them understand what they were being told to do. 'They didn't want to complete the classes for new employees, and the retaliation began when I started speaking out,' she said. 'I just want to show the world how corrupt they are, and hopefully this is going to raise awareness so people know the truth about what's going on in there.' Salima Jandali says she was harassed endlessly for speaking out over cut corners at JBS USA, which led to lost limbs and amputated digits for workers. (Provided) In a statement provided to The Independent, attorney Helen Oh, who is representing Jandali in the case, said, 'No employee should have to choose between their integrity and livelihood.' A JBS spokesperson did not respond to The Independent's requests for comment. Multinational food company JBS, which, via a subsidiary, was the single biggest donor to Donald Trump's 2025 inauguration, 'continually prioritized production over worker safety,' leading to horrific injuries in pursuit of maximum profit, Jandali's complaint alleges. In 2021, JBS was cited and fined by the Occupational Safety and Health Administration after a worker at its Greeley plant got stuck in a conveyor belt and his left arm was severed clean off – which Jandali watched happen. That same year, another worker in Greeley died when he fell into a vat of chemicals due to an improperly installed piece of machinery. In 2023, an employee at a JBS plant in Wisconsin lost two fingers while processing a cattle carcass, and in May, a worker at a JBS facility in Arizona died from blunt-force injuries after being crushed between a forklift and a front-end loader. On Monday, 20 workers at a JBS plant in Port Arthur, Texas were hospitalized after they were exposed to potentially toxic levels of carbon monoxide and methane gas. Beyond horrific workplace injuries, JBS has also been accused by employees of myriad other abuses, including human trafficking. In 2017, the Brazilian government levied a $3.2 billion fine against the multinational's parent company in a sprawling bribery case that extended all the way up to then-President Michel Temer. The company settled one previous lawsuit for $5.5 million by Muslim workers at JBS' Greeley plant who said they were discriminated against for their religious beliefs. Jandali speaks three languages, has a college degree, and is hoping to become a police officer. She says conditions at JBS USA's Greeley, Colorado were so bad, she was left with depression, PTSD and worse (Getty Images) Jandali was born in Rabat, Morocco, and moved to the United States when she was a child. Fluent in English, Arabic and French, Jandali began working for JBS in August 2019, at the company's Greeley facility, conducting mandatory safety training for new hires and production employees working on the meat processing floor. In 2023, Jandali's supervisor began to hurl racial and religious slurs at her 'on a regular basis… often calling her a 'stupid Muslim' or 'stupid Arab,'' according to her complaint, which was filed June 11 in Colorado federal court. The harassment escalated as the year progressed, the complaint contends, describing 'repeated degradation and intimidation of Ms. Jandali by throwing away [her]... work boots and hard hat.' 'On at least 25 occasions, Ms. Jandali arrived [at] work to find her safety equipment strewn about, missing, or in the trash,' the complaint goes on. 'Without proper equipment, Ms. Jandali was prohibited from taking new hires to the processing floor pursuant to safety protocols,' the complaint states. Federal law requires production employees to complete 100 percent of their safety training prior to working on the processing floor, the complaint explains, Yet, it says, throughout Jandali's time at JBS, 'supervisors routinely put production employees to work on the floor when they had not completed all required safety training.' 'Many production employees were non-English speakers who needed interpreters to understand and complete the trainings,' the complaint states. 'While Ms. Jandali could translate and interpret for French and Arabic-speaking employees on her shift, this was highly insufficient to address the language needs for trainings across shifts.' Jandali said she witnessed a recent immigrant from Myanmar lose an arm while working with dangerous machinery on the processing floor. Now she's suing over what she claims were egregious safety violations, among a host of other serious complaints (AFP via Getty Images) Jandali raised the issue repeatedly, telling higher-ups that the practice was putting people in danger, the complaint continues. In response, Jandali was told that any problems were her fault, and that if she couldn't get everyone trained adequately, 'then this was not the job for her,' according to the complaint. The company's demands became more aggressive over time, and the pressure on Jandali intensified, the complaint alleges. In May 2024, she was instructed to falsify training records for employees who had not attended their assigned sessions, the complaint maintains. 'Ms. Jandali objected and explained that production employees were suffering serious injuries, including losing limbs, and safety protocols needed to be followed,' the complaint states, adding that '[h]er concerns were completely ignored.' Days later, Jandali reported the situation to upper-level managers, according to the complaint. Soon, it says, Jandali began to experience fierce blowback over her ongoing concerns. 'On May 28, 2024, Ms. Jandali arrived at work to find her workplace locker damaged, with the corner bent and unable to close properly,' the complaint alleges. 'She found her Tasbih (Islamic prayer beads) in the trash, along with her other personal belongings. Ms. Jandali was horrified, deeply hurt, and feared for her safety.' Jandali then went to HR to file a formal grievance but, despite their promises, the complaint claims she 'never received any follow up or resolution.' Jandali hopes to become a police officer, and said that once she left JBS, she 'never wanted to look back' (Provided) The conditions at JBS had been getting progressively worse for Jandali in other ways, as well. When her father needed heart surgery, Jandali requested family leave to help him, and was approved, the complaint states. However, while she was out, HR 'falsely' informed her that her paperwork had never been received and terminated her employment, it says. Following a grievance Jandali filed with the union, which included a paper trail proving her side of the story, she was reinstated, according to the complaint. Still, upon returning to work, Jandali found herself locked out of her company email and unable to access her online work drive, training materials and classrooms, the complaint states. Nearly six weeks later, the complaint says Jandali finally regained access to her email account, but found that 'all of her prior emails with years of accumulated training information [had been] deleted.' In June 2024, Jandali requested a three-month medical leave to deal with 'worsening depression, anxiety and [post-traumatic stress disorder] caused by JBS's retaliation and harassment,' the complaint states. Three weeks later, it says she got a call from HR demanding she return to work in seven days or else she would be fired. Jandali appealed, and state regulators forced JBS to keep her on the payroll. However, when she finally got back, the situation she continued to endure, on top of 'months of unaddressed harassment, retaliation and pressure to engage in illegal conduct,' was too much to take, the complaint states. On September 9, 2024, facing the exact same issues as before, Jandali resigned. Beyond her depression, anxiety and PTSD, Jandali's complaint says her time at JBS caused 'debilitating physical symptoms including insomnia, frequent nightmares, inability to concentrate and extreme fatigue,' the complaint states. 'These conditions have transformed her from a vibrant, active and outgoing person into someone who struggles with basic daily functioning and experiences profound emotional numbness.' Jandali is now seeking economic damages, including front pay and back pay, compensatory damages for emotional pain, suffering and mental anguish, as well as punitive damages, plus interest, attorneys' fees and court costs.
The Citizen
14-07-2025
- Business
- The Citizen
Going from corporate world to academia is beneficial
Drotskie firmly believes that in the current complex economic landscape, an MBA qualification is most relevant. Prof Adri Drotskie, acting dean and academic director of the Johannesburg Business School (JBS) at the University of Johannesburg (UJ), disproves the old adage that 'those who can, do; those who can't, teach…' Before moving to academia, she had a successful career with some of the biggest brands in South Africa, something she says helps her 'bring business into the classroom'. The classroom and education have always been her passion. Drotskie's career started in education as she studied through an education bursary. Her bachelor's degree was in investment management, so finance was a big interest of hers. She then accepted a position in Transnet's finance department, where she was exposed to marketing, and she decided to do an honours degree. She ended up in the strategy department, 'where I found my niche and passion'. Addicted to lifelong learning, Drotskie subsequently obtained an MCom in Business Management and an MPhil in Future Studies. From Transnet, she moved to Absa, where she continued working in strategy and later served as general manager in strategic marketing. 'However, I always wanted to go back to education and started lecturing on the MCom programme at UJ. I completed my PhD and moved to UJ permanently. 'I was offered the position of MBA director at Henley Business School, where I served for five years, after which UJ lured me back, where I have been the past five years, initially as director of the School of Management and currently as academic director of JBS. 'Whereas most people start in academia and then enter the corporate world, I did it the other way round. I see it as a big benefit in the fields I specialise in, to bring business into the classroom. 'I also believe that you take on opportunities that come your way and experiment as best you can with new opportunities along the way.' ALSO READ: Consumer Commission warns South Africans after revealing rogue companies Positioning JBS among the best She realises that taking UJ into the upper ranks of successful business schools is a daunting task, given the track record of more established business schools in the country. But she firmly believes the direction in which the seven-year-old JBS is heading will set it apart. Business schools are mainly ranked based on their accreditation status, and JBS is now applying for its first accreditations, she said. 'You need to go through a cycle of offering programmes and achievements before you can apply for accreditations. 'Our MBA specialises in digital transformation, and this very important driver or disruptor is entrenched in all the curricula of the modules. 'Business leaders need to be equipped with an innovative and global mindset, utilising future technologies and digital transformation for societal impact. 'We are also the only school that offers a fully online MBA.' JBS also has students from the public sector and entrepreneurs with their own businesses on the programme. 'We work with adult education and with people who are already in a workspace. We need to equip them with skills to grow in their businesses.' Embracing AI and preparing for the future She considers artificial intelligence (AI), or any of the future technologies, useful enablers, and therefore, business schools need to utilise AI in the way they teach and deliver programmes, as well as show its impact on all spheres of business, as we do at JBS through digital transformation. 'We should rather work with AI than against it. Students all use AI to do their assignments. We need to work with them to show them what AI's contribution can be to their own thinking and learning.' This, and many other topical issues, were discussed at the recent AMBA/BGA Conference for Deans and Directors of Business Schools in Germany, attended by 430 people from 58 countries. 'Most of the presentations and discussions were about the challenges that business schools have to deal with in 2025 and beyond. 'Main trends were the global geopolitical situation – mainly the changes in the US and their impact on higher education and the UK's challenges post-Brexit; the economic uncertainty; the role of AI in teaching and assessments; changing the way we teach to Gen Z in future; jobs of the future and what to teach leaders of the future.' Drotskie firmly believes that in the current complex economic landscape, an MBA qualification is most relevant. 'Given the complexity of the current worldwide economic landscape, it offers people working in the economy the competencies of critical thinking, problem-solving and design thinking. 'An MBA provides a leader or manager with a broad range of skills and knowledge across all the dimensions of business. It also gives them a world view as the focus is international or global.' 'Financial uncertainty is a global challenge that business schools currently face. A few years ago, companies paid for MBA studies, sponsoring students, but that is no longer the case. Universities now need to find bursaries and grants to assist students financially,' Drotskie said. NOW READ: South Africans are living longer and need to plan for longer retirement – here's how
Yahoo
10-07-2025
- Business
- Yahoo
Factbox-How a 50% US tariff rate could affect Brazilian exports
By Roberto Samora SAO PAULO (Reuters) -U.S. President Donald Trump said he plans to impose 50% tariffs on all products from Brazil starting August 1, which could have a sharp impact on South America's agricultural powerhouse. The U.S. is the second biggest destination for Brazil's exports behind China. Oil is Brazil's main export to the U.S., but the country is also an important market for Brazilian manufactured goods such as aircraft and machinery. COFFEE The U.S. has traditionally been the main destination for coffee from Brazil, the world's largest exporter. The U.S. accounts for 16.7% of all the coffee Brazil exports. Four trade sources told Reuters that U.S. coffee roasters would not be able to pay 50% more for the beans, while Brazilian exporters could not cut prices at the necessary level, which could lead roasters to source their beans elsewhere, while Brazil would likely divert cargos to Europe and Asia. BEEF The U.S. is the second largest market for Brazilian beef. Brazilian meatpacker Minerva said the tariffs would cut its net revenue by as much as 5% annually. Other major meatpackers, such as JBS and Marfrig, have a large part of their operations in the U.S., which would likely insulate them from a large impact. The tariffs could raise beef prices in the U.S. that are already at record highs. ORANGE JUICE Trump's new tariff could severely impact Brazil's orange juice industry, the world's largest producer, industry group CitrusBR warned on Friday. In the 2024/25 harvest, which ended on June 30, the U.S. accounted for 41.7% of Brazilian orange juice exports, making it a key market for the sector. CitrusBR said the tariff would be "unsustainable," as profit margins in the industry are too narrow to absorb the additional costs. Other importers would not be able to offset the decline in shipments to the U.S., the group added. OIL Exports to the United States accounted for approximately 13% of Brazil's total oil exports last year, government data compiled by commodities consultancy StoneX showed. The loss for Brazil from the tariff would be relatively "modest," according to BTG Pactual analysts, since the sector has greater commercial flexibility and logistical capacity to redirect shipments to other markets. The U.S. is also not expected to feel the pinch deeply, as Brazil supplied less than 3% of what the U.S. has consumed so far in 2025, according to StoneX. AIRCRAFT Brazil's Embraer, the world's third-largest aircraft manufacturer with a huge market in the U.S. for its executive planes and regional jetliners, would be one of the companies most affected by the tariffs. Brazilian aircraft exports to the U.S., particularly airplanes, represented around 63% of its total aircraft exports last year, according to analysts at BTG bank. TIMBER The U.S. accounts for more than 40% of the total timber exported by Brazil last year, according to BTG bank analysts. Forest products from Brazil would become less competitive in relation to other nations, such as Canada and Chile, said Cogo Inteligencia em Agronegocio, a consultancy. Suzano, a pulp giant with around 15% of its revenues in the U.S., could face difficulties in the short term, but the company benefits from having low costs, flexibility to reallocate volumes and global scale, according to a Citi report. MACHINERY, ENGINES AND ELECTRONICS The U.S. was the destination for around 60% of all exports from Brazil's engine, machinery and generator industry, according to a chart from BTG. The tariff will hurt motor maker WEG, said UBS BB analysts. The U.S. is also the main destination for Brazilian electronics, according to the Brazilian Electrical and Electronics Industry Association. (By Roberto Samora, with additional reporting by Luciana Magalhães, Rodrigo Viga Gaier and Marta Nogueira, writing by Fabio TeixeiraEditing by Pedro Fonseca and Deepa Babington) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
