Reposted from: https://www.nytimes.com/2025/06/25/world/americas/brazil-meatpacker-jbs-trump-nyse.html
Less than a decade ago, the world’s largest meatpacker was in trouble. The Brazilian brothers who ran it were behind bars, and their company, JBS, had been fined billions of dollars for bribing politicians in one of the biggest corruption cases in history.
Now, JBS, a Brazil-based company with operations around the globe and a huge slice of the U.S. meat market, has made a stunning comeback, even as it faces continuing court cases related to price-fixing, child labor and environmental crimes in the Amazon rain forest.
After years of attempts by JBS, U.S. regulators finally approved a public listing for the firm on the New York Stock Exchange, setting aside concerns about the company’s business and protests from American beef producers, environmental groups and politicians across the political divide.
Read the rest of the article on The New York Times’ website.
