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May 22nd
Shares of Brazilian meatpacker JBS plunged more than 30%, costing the company about $2 billion, after President Michel Temer accused its owners of insider trading as part of a bitter battle over the country’s corruption scandal.
May 22nd
Ford is replacing CEO Mark Fields with Jim Hackett, who heads its innovation unit. The company has been considering leadership changes amid dissatisfaction with the stock price and a drive to clarify strategy.

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