TotalEnergies to Buy Stake in U.S. Wind and Solar Company

The French energy company said it would buy a 50% stake in Clearway Energy Group in a deal worth about $2.4 billion, the latest move by an oil major to expand in wind and solar power.

 
Pfizer to Sell Vaccines, Drugs at Low Prices to Poorer Countries

The arrangement means that some of the drugs that carry list prices of tens of thousands of dollars a year in the U.S. would be substantially less for the low-income countries to buy, according to Pfizer.

 
CVS Will Stop Filling Controlled-Substance Prescriptions for Cerebral, Done

The pharmacy chain will stop filling prescriptions for controlled substances ordered by clinicians working for Cerebral and Done starting Thursday, a move that will impact thousands of patients.

 
Marks & Spencer Posts Profit But Warns on Outlook

UPDATED: Marks & Spencer delivered a pretax profit of GBP392 million for fiscal 2022 but cautioned that earnings growth this year will be harmed by its Russia exit and rising cost pressures on consumers.

 
NetEase, Kuaishou Could Feel China's Pandemic Pains This Quarter

Chinese tech companies NetEase Inc. and Kuaishou Technology beat expectations with their latest earnings, but the painful impact of a resurgent pandemic in the world's second largest economy is likely to begin showing in the current quarter, analysts say.

 
Glossier Founder Emily Weiss to Step Aside as CEO

Kyle Leahy, who joined the beauty brand in November as chief commercial officer, will take over as CEO immediately, while founder Emily Weiss will stay on as executive chairwoman.

 
McDonald's Poised to Retain Both Seats in Proxy Fight With Icahn

Activist investor Carl Icahn had challenged the fast-food chain over its suppliers' treatment of animals.

 
Wendy's Largest Shareholder Explores Burger-Chain Deal

Trian Fund Management said it is weighing possible transactions to acquire control of the company.

 
Starbucks to Sell Juice Brand as Coffee Chain Focuses On Its Stores

Interim CEO Howard Schultz directs investment to the company's cafes and baristas as Bolthouse agrees to acquire the Evolution Fresh line of juices.

 
Intuit Shares Gain as Earnings and Outlook Top Street Estimates

The tax and accounting software company's strong results come amid economic pressures that are weighing on the company's many small business customers.

(END) Dow Jones Newswires

May 25, 2022 07:15 ET (11:15 GMT)

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