Wall Street rallies as Fed minutes meet expectations - Reuters.com

Wall Street closed higher Wednesday, boosted after minutes from the Federal Reserve's latest monetary policy meeting showed policymakers unanimously felt the U.S. economy was very strong as they grappled with reining in inflation without triggering a recessio…
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Baby formula crisis: Products from closed plant won't hit shelves until at least mid-July, Abbott says - Fox Business

Baby formula from Abbott Nutrition's shuttered manufacturing facility will not hit shelves until mid-July, an official says.
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Twitter will pay $150 million in privacy settlement - The Verge

The FTC and DOJ have settled with Twitter over an incident where Twitter “inadvertently” used phone numbers and email addresses provided for security to target ads.
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Nvidia shares sink on weak Q2 guidance - CNBC Television

CNBC's Kristina Partsinevelos, joins 'Closing Bell: Overtime' to report Nvidia's shares taking a hit after hours on weak Q2 guidance. With Ritholtz's Josh Br...
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SEC Proposes More Disclosure Requirements for ESG Funds - The Wall Street Journal

Agency votes to float plans to give investors more information on environmental, social and corporate-governance vehicles
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Snowflake stock falls as executives forecast a narrower margin than expected - CNBC

Snowflake maintained its full-year projections, show that it continues to expect revenue growth to slow from its days as a newly minted public company.
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Coca-Cola Is Discontinuing This Drink By The End of The Year — Eat This Not That - Eat This, Not That

Coca-Cola just announced it is phasing out one of its three ready-to-drink-tea brands called HONEST Tea bu the end of the year.
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Apple VP tries to persuade employees against unionizing in leaked video - Engadget

The vice-president of people and retail shared her thoughts with the company’s entire retail workforce..
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Big Tech is pouring millions into the wrong climate solution at Davos - The Verge

At Davos, Alphabet, Microsoft, and Salesforce announced a new $500 million commitment to removing carbon dioxide from the atmosphere. But that climate solution is no silver bullet for Big Tech’s pollution.
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Don’t believe the hype: The economy isn’t headed toward a recession, and the Fed isn’t ‘behind the curve’ on interest rates - MarketWatch

The stock and bond markets may be tumbling, but the economy has been holding up exceptionally well since its emergence from the pandemic shock
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McDonald's shareholders to vote on proxy fight with Carl Icahn over animal welfare practices - CNBC

McDonald's shareholders meeting on Thursday morning will mark the climax of a proxy fight waged by activist investor Carl Icahn.
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Krispy Kreme offers free doughnuts for graduates in class of 2022 - USA TODAY

Graduating high school and college seniors can get a free "Senior Day Dozen' from Krispy Kreme on Wednesday. The special dozen is on sale all week.
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Twitter investors meet amid turmoil over Elon Musk takeover bid - The Guardian

While the Musk takeover referendum is not on the agenda yet, shareholders will vote on five management-opposed proposals
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These U.S. companies are still doing business in Russia - CBS News

Starbucks and McDonald's are leaving, but other food chains and American companies are "digging in," Yale professor says.
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Tesla, GM supplier Glencore pleads guilty to $1.1bn penalty for FCPA violations - Teslarati

Tesla and General Motors material supplier Glencore and Glencore Ltd. pled guilty to several violations to the Foreign Corrupt Practices Act in relation to bribery and commodity and price manipulation. Glencore agreed to pay over $1.1 billion in fines to “res…
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CVS Will No Longer Fill Controlled Substances Prescriptions from Certain Telehealth Companies - Gizmodo

The pharmacy chain said they are not filling any more prescriptions from Cerebral or Done Health as of tomorrow.
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