>>Coming Up Today
(New York, NY) -- The opening bell rings this morning after a lower close yesterday on Wall Street. At the closing bell, the Dow Jones Industrial Average fell 154 points to 44-247. The S&P 500 lost 18 points to 60-34. The Nasdaq dropped 49 points to 19-687. Investors today will be keeping a close eye out for key inflation data with the release of the consumer price index. Earnings results are also due from Macy's.
>>CVS Removes Executive's Photos From Website
(Woonsocket, RI) -- CVS Health has removed photos of its executives from its corporate website. It follows the murder last week of UnitedHealthcare CEO Brian Thompson. He was shot and killed on a New York City street last week. The Boston Globe reported a CVS spokesperson would not comment when asked if the company was taking other precautions to protect executives or if any individuals were threatened in the last year.
>>Instagram Rolls Out Trial Reels
(Menlo Park, CA) -- Instagram is offering a new feature called "trial reels." It gives creators a chance to test out their material on random users before sharing it with their followers. After being published for a full day, creators can then look at engagement data from the unknown audience. Instagram says creators tend to be nervous about going outside their boxes when posting content and the new feature gives them a chance to dip their toes into something different.
>>Judge Blocks Merger Of Kroger and Albertsons
(Portland, OR) -- A merger between grocery chains Kroger and Albertsons is being blocked. A judge sided with the FTC on Tuesday, which argued the merger would have eliminated head to head competition between the two chains. It also said it would have lead to higher prices for shoppers. The merger was set to be worth 25-billion-dollars. The judge's ruling essentially kills the merger.
>>GM Will No Longer Fund Cruise Robotaxi Development
(Detroit, MI) -- General Motors is giving up on its Cruise driverless taxi service. The automaker announced Tuesday that after spending ten-billion dollars on the program, the amount of time and money required to expand into the robotaxi market is too much. The company will now fold some of Cruise's employees into its technical teams. GM already owns about 90 percent of Cruise and said it expects to acquire outside shares by early next year.
>>Judge Rejects The Onion's Infowars Bid
(Houston, TX) -- A bankruptcy judge is rejecting The Onion's bid to buy Alex Jones' Infowars company. A federal bankruptcy judge late Tuesday threw out the satirical publication's bid, saying the offer and process were flawed. Jones, a conspiracy theorist, was ordered to sell off the InfoWars assets to settle a lawsuit won by parents of the 2012 Sandy Hook school shooting in Connecticut. The families said Jones repeatedly lied to his audience that the shooting never happened and were awarded more than a billion dollars. The Onion had initially won the auction, backed by the Sandy Hook families. The only other bid, which was actually higher, came from a company affiliated with Jones. The judge said that both offers were too small.
