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The SEC and Justice Department have closed their inquiries into Hampton Creek, the Silicon Valley company best known for its mayonnaise made of plant products instead of eggs, and cleared the company of wrongdoing, according to media reports.

The agencies were investigating the company after Bloomberg reported that Hampton Creek was secretly buying large quantities of its mayo, making its product appear more popular and potentially inflating numbers it reported to investors and other parties.

Go deeper

59 mins ago - Health

Beware a Thanksgiving mirage

Illustration: Sarah Grillo/Axios

Don't be surprised if COVID metrics plunge over the next few days, only to spike next week.

Why it matters: The COVID Tracking Project warns of a "double-weekend pattern" on Thanksgiving — where the usual weekend backlog of data is tacked on to a holiday.

Trump pardons Michael Flynn

President Trump with Michael Flynn in 2016. Photo: David Hume Kennerly/Getty Images

President Trump on Wednesday pardoned his former national security adviser Michael Flynn, who pleaded guilty in the Mueller investigation to lying to FBI agents about his conversations with a former Russian ambassador.

Why it matters: It is the first of multiple pardons expected in the coming weeks, as Axios scooped Tuesday night.