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Heinz to Eliminate 600 North American Jobs

Heinz to Eliminate 600 North American Jobs

By Amanda Brodhagen, Farms.com

Ketchup-maker H.J. Heinz C. said it will be eliminating about 600 jobs in Canada and the United States. About 350 job losses are expected to take place at the company’s headquarters in Pittsburgh, where the company plans to stay. The company said it plans to retain about 800 jobs at its headquarters and 6,000 North American wide. Heinz was taken private this year by Warren Buffett’s Berkshire Hathaway Inc.
 


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Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.