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Conagra Sales Rise, Profit Falls as Inflation Eases
The food manufacturer said shoppers continued to stomach rising food prices, boosting its margins and sales. Source link
Republican Attorneys General Warn Top U.S. Businesses Over 'Discrimination'
Citing the affirmative action ruling, top state law officials put Fortune 100 companies on notice for racial quotas, preferences Source link
China Hacking Was Undetectable for Some Who Had Less Expensive Microsoft Services
Biden administration officials are calling for changes to Microsoft’s cloud computing services after some victims of a recent Chinese cyber intrusion were unable to detect
Ripple Wins Early Dismissal of Some Claims in SEC Lawsuit
The cryptocurrency company won early dismissal of some regulatory allegations related to its sale of more than $1.4 billion worth of a digital token known
Disney's Iger Just Can't Let It Go
Extending the CEO’s tenure gives Disney time to address growing problems but adds to succession worries. Source link
Frito-Lay's Flaming Hot Sales
As consumers pull back, snack sales remain a source of strength for Pepsi and others. Source link
Delta Says Travel Boom Drove Record Revenue
The surge in flying shows no signs of slowing, with demand continuing into autumn, CEO Ed Bastian says. Source link
Exxon Mobil Buys Pipeline Operator, Making Big Bet on Carbon
Exxon Mobil is buying pipeline operator Denbury for almost $5 billion, a big bet by the oil giant on the business of transporting and storing
PepsiCo Sales, Earnings Rise on Snacks Spending
PepsiCo reported strong growth in sales and profit as consumers continued to shrug off price increases and spend on Doritos, Cheetos and other snacks. Source
ChatGPT Under Investigation by FTC
The agency is investigating whether OpenAI’s chatbot has harmed individuals by publishing false information about them. Source link