CNN Money: Top business headlines for May 23

NEW YORK, NY (CNN) - CNN Money's Maribel Aber has your top business and financial news on this Friday, May 23.

Export award honors Arkansas Steel

Five Arkansas companies that do business overseas were honored Thursday at the fifth-annual Governor's Award for Excellence in Global Trade awards luncheon. The export awards, presided over by Gov. Mike Beebe at the Governor's Mansion, honor Arkansas companies that take a leading role in global trade. This year's winners: Arkansas Steel Associates of Newport, Large Manufacturer Exporter award, Triangle Engineering of Jacksonville, Medium Manufacturer Exporter,, North Little Rock, Small Manufacturer Exporter, POM Inc. of Russellville, Arkansas Rising Star Award and Harris International of Springdale, Global Sustainability Award.

McDonald's under attack on all fronts

McDonald's came under attack on multiple fronts, including its choice of snack for shareholders who turned up at its annual meeting on Thursday: Chocolate chip cookies. Shareholder Terrence Brady told McDonald's (MCD, Fortune 500) CEO Don Thompson to get attendees "something better than sugary chocolate chip cookies for breakfast." Thompson said he'd look into it.

Facebook offers privacy checkup to all users

In a major update to its privacy policies, Facebook on Thursday announced a series of measures that will help its more than 1 billion members from "over-sharing" — such as posting personal information to the general public, or telling friends about every single song they hear. In a blog post, Facebook explained that it will unroll a "Privacy checkup" in coming days that will use simple graphics to explain to users who sees the information they post.

2% of companies want liberal-arts majors

A mere 2% of companies are actively recruiting college graduates with liberal-arts degrees, according to a new study. Not surprisingly, many more corporate hiring managers are on the lookout for engineering or business majors, according to the survey by Millennial Branding, a research and consulting firm, and, a career advisory website. According to the poll, 27% of companies are seeking to recruit engineering and computer students, while 18% want business majors.


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