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Facebook
Facebook says “malicious actors” potentially gathered information by scraping public profiles on “most” of its 2B users. In a call with reporters, CEO Mark Zuckerberg did not reveal when Facebook first identified the issue.
McDonald’s
McDonald’s will more than triple the amount of college tuition assistance it offers employees. From May 1, the fast-food giant will increase tuition pay from $700 a year to $2,500.
Automakers
General Motors is cutting production of its Chevrolet Sonic, while Ford will abandon the Fiesta in the U.S., according to The Wall Street Journal. As SUVs and trucks become more efficient and gasoline gets cheaper, small cars are less popular.
Quote
“I understand the stock market’s anxiety… but on the other hand, don’t overreact.” Larry Kudlow, on market fears of a trade war with China.
Daily Top Headlines:
Animation: Lucy Clinch
Script: Katie Carroll, Lorraine K. Lee
Art: Jacqueline Zaccor
Producer: Florencia Iriondo