CNN Suspends Chris Cuomo Indefinitely 

The network said records released Monday showing how the anchor aided his brother's response to sexual-misconduct allegations "raise serious questions."

GlobalFoundries Says Revenue Rose 56% as Chip Shortage Continues 

The financial report was the company's first as a public company, which started trading publicly in October.

Nuclear-Fusion Startup Lands $1.8 Billion as Investors Chase Star Power 

Commonwealth Fusion Systems has raised more than $1.8 billion from the likes of Bill Gates and George Soros as startups join the quest to generate carbon-free energy like the sun.

Judge Questions If Purdue's Sacklers Abused Bankruptcy System 

The federal judge weighing the $4.5 billion settlement between Purdue Pharma LP and the Sackler family members who own the OxyContin maker said she had serious concerns about whether they abused the bankruptcy system by collecting billions of dollars from the company before it filed for chapter 11 protection.

Salesforce Names Bret Taylor Co-CEO 

The appointment comes a day after he was named chairman of Twitter's board.

Nasdaq to Move Markets to Amazon's Cloud 

The exchange said a phased migration to Amazon Web Services will kick off in 2022 with its U.S. options market.

HPE's quarterly earnings blow past estimates 

Hewlett Packard Enterprise Co. on Tuesday reported better-than-expected quarterly earnings and sales in line with Street estimates, though shares fell 2% in after-hours trading.

Jana Partners Urges Zendesk to Ditch SurveyMonkey Deal 

The activist investor owns a big stake in Zendesk and is urging the customer-service platform to abandon a deal it struck to buy Momentive Global, parent of web-survey company SurveyMonkey.

Twitter Bans Sharing of Private People's Photos, Videos Without Consent 

The social-media company said users will no longer be able to share private media, such as photos and videos, of another person without their permission, a move aimed at improving privacy and security.

Omicron Risks Infecting Vaccinated People but May Not Cause Them Severe Illness 

The Omicron variant could lead to more infections among vaccinated people, according to several scientists, but some said there were reasons to believe the shots would protect against severe disease.


(END) Dow Jones Newswires

December 01, 2021 03:15 ET (08:15 GMT)

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