U.S. retailers limited purchases of infant formula because of a supply shortage … some on Wall Street think Beyond Meat might need more cash as losses mount. The CEO disagrees … and luxury brands are keeping VIPs in Shanghai well supplied during lockdown, even if they don’t want to talk about it
Ukrainian forces destroyed parts of a Russian armoured column as it tried to cross a river in the Donbas region, video from Ukraine's military showed on Friday, as the Ukrainian defence minister predicted many weeks of grinding fighting ahead.
- TechnologyMusk says $44 bln Twitter deal on hold over fake account data
Elon Musk tweeted on Friday that his $44-billion cash deal for Twitter Inc was "temporarily on hold" while he waits for the social media company to provide data on the proportion of its fake accounts.
- European MarketsWall Street Week Ahead: Signs of market bottom elude investors after steep selloff, article with image
Investors look for clues on how far a brutal slide in U.S. stocks could run, with some signs suggesting the tumble isn’t over.
- Retail & ConsumerExclusive: Maker of Walmart, Amazon store-brand baby formulas sees shortages through rest of 2022
Perrigo expects shortages and heightened demand to last for the "balance of the year," Chief Executive Murray Kessler told Reuters in an interview.
Talking Points
- Healthcare & PharmaceuticalsSwitzerland authorizes Moderna's COVID vaccine for 6-11 year olds, article with image
Two years into the COVID pandemic, the U.S. is grieving a once unthinkable death toll