Here are the Five Things You Need To Know for Thursday, May 19, 2022:
1. The Walton family lost $16.5 billion in the stock market yesterday after shares of Wal-Mart fell by 11%. The decline occurred after Walmart slashed its profit outlook for the year.
2.Nestle is flying baby formula from Europe to the United States to help ease the baby formula shortage. The formula is coming from Switzerland and the Netherlands. Also, the President has invoked the Defense Production Act that forces supply manufactures to give the necessary supplies to baby formula companies first.
3.McDonald's has added a Chocolate Pretzel McFlurry to their menu. It is available at participating restaurants. The dessert has 670 calories, 19 grams of fat and 75 gram of sugar.
4. It's World Plant a Vegetable Garden Day.
5. (Fun Fact): Treadmills were invented in the early 1800s as a way of punishing prisoners in England.
