Caroline Ellison, a top deputy of Sam Bankman-Fried, testified the FTX founder ordered her and others to commit criminally fraudulent acts that contributed to the collapse of the exchange last year. https://ift.tt/h2tVbza

PepsiCo raised its full-year earnings outlook as consumers digested higher prices and kept buying the company’s snacks and drinks. https://ift.tt/jxX0T1v

LVMH reported a sharp slowdown in sales growth as it struggled to lure big-spending Chinese consumers back to its boutiques after the end of China’s pandemic curbs. https://ift.tt/6Erz5de

U.S. stocks rose, with the S&P 500, Nasdaq and Dow gaining 0.5%, 0.6% and 0.4%, respectively. The 10-year Treasury yield settled at 4.654%, down from 4.783% on Friday. https://ift.tt/sm9ZIbJ

Walgreens Boots Alliance will name as its chief executive Tim Wentworth, former head of Express Scripts, one of the biggest pharmacy-benefit managers. https://ift.tt/34K9vAU

General Motors Canada reached a tentative agreement with Canadian autoworkers, ending a strike that lasted 13 hours. https://ift.tt/qw6MQhF

Australia’s Plan to Address Colonial Legacy Divides Those It Aims to Help https://ift.tt/ogYRq6a

Pharmacy Giant Walgreens to Name Tim Wentworth as New CEO https://ift.tt/X17wqyn

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Amazon Wants You to ‘Buy Again’ https://ift.tt/sQjGxgv