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Alibaba Discloses SEC Probe of Its Accounting Practices
BEIJING— Alibaba Group Holding Ltd. BABA -6.80 % disclosed the U.S. Securities and Exchange Commission is investigating its accounting practices.
Alibaba Faces US Accounting Inquiry  New York Times
US probes e-commerce giant Alibaba's accounting practices  The Seattle Times
Forbes  
New Whole Foods chain 365 faces tough mission
LOS ANGELES Whole Foods Market Inc's (WFM.O) 365 grocery chain offers lower prices and more technology than the company's namesake supermarkets, but experts say the fledgling brand must beat its many rivals without hijacking customers from its ...
Whole Foods opens its first millennial - inspired store  CBS News
First lower-priced Whole Foods opens Wednesday in Silver Lake. Here's ...  Los Angeles Times
A Climate Change Activist Could Be a Director on Exxon's Board
After a shareholder vote. Voters at Exxon Mobil's XOM 0.51% annual meeting on Wednesday approved a measure to let minority shareholders nominate outsiders for seats on the company's board, meaning a climate activist could eventually become a ...
Exxon investors clear path for climate expert on board, defeat other resolutions  FuelFix (blog)
FACTBOX-Climate change proposals for Exxon, Chevron shareholders  Reuters
Media|A Complicated Legal Battle Over Sumner Redstone's Mental Acuity
Sumner Redstone's daughter, Shari Redstone, center, leaving court in Los Angeles this month. Credit Kevork Djansezian/Reuters.
Sumner Redstone's refusal to cede control has left Viacom with an ...  MarketWatch
Embattled Viacom CEO Philippe Dauman Takes His Case to the Company's ...  Billboard
Widespread power outage hits downtown Seattle
SEATTLE -- An equipment failure has caused a large power outage in Seattle, Washington, Seattle's electric utility said on Twitter.
City Of Seattle Without Power After Substation Failure  CBS Local
Downtown Seattle power outage, May 25, 2016  BreakingNews.com
Dollar at two-month highs on rate view, Greek deal helps euro
LONDON The dollar hit a two-month high against a basket of currencies on Wednesday on expectations the Federal Reserve will raise rates in the near term, but it gave up gains against the euro on relief that there was progress in Greek bailout talks.
Dollar Edges Lower as Traders Look to Yellen's Speech  Wall Street Journal
Fed-fueled dollar rally stalls as traders wait for more clues  MarketWatch
How much a decent apartment costs you in every county
A decent two-bedroom rental today will cost you on average more than you could afford working full time on the local minimum wage everywhere in America - in every state, every county, every metropolitan area.
No Relief in Sight for Minimum-Wage Renters  Wall Street Journal (blog)
Average Atlanta apartments not affordable for many, report says  Atlanta Journal Constitution
Poll: Vast majority of ObamaCare customers satisfied with coverage
Nearly three-quarters of adults who received health insurance through ObamaCare say they are satisfied with their plans, according to a new survey.
If Obamacare Is Ailing, Let's Fix It  New York Times
Obamacare is helping millions get needed healthcare, new survey finds  Los Angeles Times
Shell to cut 2200 more jobs in face of weak oil prices
LONDON Royal Dutch Shell will cut a further 2,200 jobs, taking its target for layoffs to 12,500 by the end of the year, the Anglo-Dutch oil firm said on Wednesday, as it cuts deeper in the face of weak oil prices.
Shell is cutting another 2200 jobs  CNN
Shell to cut another 2200 jobs worldwide  FuelFix (blog)
Strong German business, consumer morale boost hopes for growth
BERLIN German business morale improved more than expected in May, reaching its highest level so far this year and suggesting Europe's biggest economy will extend its surprisingly strong start to 2016 into the next quarters.
German Business Ignores Brexit Fears as Confidence Improves  Bloomberg
German Business Confidence At 5-Month High  RTT News