**Google News: Business Headlines Today**.
**Global Economic Outlook**.
* **IMF cuts global growth forecast, warns of risks from Russia-Ukraine war**.
* **World Bank slashes global growth forecast to 2.9%, warns of ‘significant’ risks**.
* **G7 finance chiefs pledge to ‘act urgently’ to mitigate economic risks**.
**US Economic Data**.
* **US economy grew at 6.9% in fourth quarter, faster than initial estimate**.
* **US consumer confidence rises in February, but remains below pre-pandemic levels**.
* **US jobless claims fall to 211,000, lowest level since 1969**.
**Corporate Earnings**.
* **Meta Platforms (FB) reports mixed earnings, shares plunge**.
* **Amazon (AMZN) beats estimates, signals continued growth in cloud business**.
* **Tesla (TSLA) misses revenue estimates, but profits soar**.
**Industry Trends**.
* **ChatGPT and AI: Microsoft invests billions in OpenAI, sparking race for generative AI dominance**.
* **Electric vehicles: Tesla cuts prices, igniting competition in EV market**.
* **Renewable energy: Solar and wind power reach record levels in 2022, driving clean energy transition**.
**Company News**.
* **Disney (DIS) names new CEO, Bob Iger returns to lead company**.
* **Starbucks (SBUX) announces plans to close thousands of stores in China**.
* **Walmart (WMT) raises minimum wage to $14 per hour**.
**Other Notable Business News**.
* **US Commerce Department adds Chinese telecoms firms to trade blacklist**.
* **EU unveils landmark digital services tax, targeting tech giants**.
* **International Monetary Fund approves $2.7 billion loan to Ukraine**.
**Stay informed with Google News for the latest business headlines and analysis from around the world.**.
