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  • ‘We all quit’: Burger King sign goes viral as staff walks out
    Business
    MarketWatch

    ‘We all quit’: Burger King sign goes viral as staff walks out

    A photo of a sign outside a Lincoln, Neb., Burger King has gone viral. The sign, which reads “we all quit” and “sorry for the inconvenience,” was put up by disgruntled staff members trying to send a message to upper management. “They wanted to put up a sign to say, you know sorry there’s really not going to be anyone here,” former general manager Rachael Flores told a local ABC affiliate.

  • Ex-Lawyers Whose Fund Rose 53% This Year See Markets as ‘Frothy’
    Business
    Bloomberg

    Ex-Lawyers Whose Fund Rose 53% This Year See Markets as ‘Frothy’

    (Bloomberg) -- A duo of ex-corporate lawyers turned money managers in Canada are sounding the alarm on the rally seen across most asset classes after their fund outperformed most of its peers this year.LM Asset Management, a Vancouver-based, value-oriented fund, saw its sole fund return 53% in the first half of 2021, driven mainly by investments in commodity producers, such as Antero Resources Corp. By comparison, the HFRI Equity Hedge Fundamental Value Index, which aggregates money managers who

  • Smithfield Foods stops slaughtering pigs at U.S. hometown plant
    Business
    Reuters

    Smithfield Foods stops slaughtering pigs at U.S. hometown plant

    CHICAGO (Reuters) -Smithfield Foods, the world's largest pork processor, has stopped slaughtering pigs in the United States' so-called ham capital, where the company was founded 85 years ago. The end of slaughtering in Smithfield, Virginia, is the latest reconfiguration for the company's namesake plant and follows a months-long internal review of its East Coast operations, Smithfield Foods said in a statement. The company, owned by Hong Kong-listed WH Group, is shifting slaughtering to some of its 47 other U.S. facilities and spending $5 million to upgrade the Virginia plant to produce more packaged bacon, ham and other pork products, said Keira Lombardo, chief administrative officer.

  • Business
    U.S.News & World Report

    Are You Rich? How the Wealthy Are Defined

    The vast majority of Americans do not meet commonly held definitions of what it means to be rich in the U. Respondents to Schwab's 2021 Modern Wealth Survey said a net worth of $1.