Catch up on the weekend’s top five stories with this list compiled by The Fly: 1. U.S. prosecutors have charged a former Apple (AAPL) employee with defrauding the iPhone maker out of more than $10 million in a series of schemes, Reuters’ Jonathan Stempel reported. Dhirendra Prasad faces five criminal counts after exploiting his “position of trust” as a buyer in Apple’s global service supply chain to defraud the company, according to filings on Friday with the federal court in San Jose, California, the author noted. Prosecutors said that as an Apple buyer, Prasad negotiated with vendors and placed orders, with Apple making payments based on invoice amounts he entered into its purchasing system. Prasad allegedly defrauded Apple by taking kickbacks, stealing parts using false repair orders, and causing Apple to pay for items and services it never received, the publication added. 2. Walt Disney’s (DIS) Shanghai resort and parks will close temporarily starting March 21 as the Chinese city reports record new COVID-19 infections, Bloomberg’s Zijia Song reported. “We will continue to monitor the pandemic situation and consult local authorities, and will notify guests as soon as we have a confirmed date to resume operations,” Shanghai Disney Resort said in a statement. 3. The highest inflation in decades is hitting consumers and rippling through the food industry, with at-home food costs climbing 8.6% and out-of-home costs rising 6.8% in February from a year ago, Andrew Bary wrote in this week’s edition of Barron’s. Investors may want to consider depressed restaurant stocks like Brinker International (EAT), Bloomin’ Brands (BLMN), and Starbucks (SBUX), the author noted. Hershey (HSY) remains the class of the food industry, while slower-growth companies like Kellogg (K), General Mills (GIS), and Conagra Brands (CAG), which have dividend yields of more than 3%, amount to alternatives to bonds, Bary added. Hostess Brands (TWNK) is one of the better growth stories in the group, the publication contended, pointing out that a strong U.S. farm economy also helps Deere (DE) and Agco (AGCO). Bunge stands to benefit from wider “crush margins,” or profit on turning crops like soybeans into oil, while higher food inflation tends to bolster grocers like Kroger (KR) and Albertsons (ACI) with wider margins, thanks in part to a shift to higher-profit private-label brands. 4. AT&T (T) subsidiary Warner Bros.’ “The Batman” won this weekend’s box office with another $36M in its third outing for a domestic total of $300.1M and almost $600M worldwide after grossing another $49.1M overseas. The movie debuted in China to only $12.1M as at least 43% of theaters closed due to another COVID-19 surge. The Batman has been well received by critics and earned an A- CinemaScore from audiences. 5. Twitter (TWTR), Wendy’s (WEN) Alexandria Real Estate Equities (ARE), Chevron (CVX), Coca-Kola (KO), Colgate-Palmolive (CL), Johnson & Johnson (JNJ), JPMorgan (JPM), NextEra Energy (NEE), Procter & Gamble (PG), Prologis (PLD), Target (TGT), Union Pacific (UNP), and Verizon (VZ) saw positive mentions in this week’s edition of Barron’s.