Smithfield Foods bought by China's largest meat producer, Shuanghui, is facing regulatory and political scrutiny, reports CNBC's Michelle Caruso-Cabrera.
Japan's benchmark index skidded below the 14,000 mark to a one-month low on Thursday, weighed down by a strengthening yen and volatile Japanese government bond yields (JGBs). The session brought the benchmark's total losses to 14 percent since last Thursday's plunge.
A letter sent to NYC Mayor Michael Bloomberg contained ricin, and Rep. Michele Bachmann won't seek a 5th term in Congress, reports CNBC's Seema Mody.
China's Shaunghui International announced plans to buy pork producer Smithfield Foods for $4.7 billion. CNBC's Michelle Caruso-Cabrera and Eamon Javers; Peter Navarro, University of California; and Mayor Carter Williams of Smithfield, Virginia discuss.
China is buying America's biggest pork company Smithfield Foods for more than $4.5 billion, with CNBC's Michelle Caruso-Cabrera.
Smithfield Foods and Shuanghui International have voluntarily submitted their merger agreement to the Committee on Foreign Investments in the U.S., reports CNBC's Eamon Javers.
The world's largest hog farming and pork processing company has agreed to be acquired by China's largest meat processor, reports CNBC's Michelle Caruso-Cabrera.
Shares of the Virginia-based pork producer Smithfield Foods are soaring on the news that the company was being acquired by China's Shuanghui, reports CNBC's David Faber.
Stock index futures pointed to a weaker open for Wall Street on Wednesday as investors speculated that strong economic data could prompt the Federal Reserve to retreat from its stimulus program earlier than expected.