Amazon Can't Get Peloton Back in the Black 

Selling on Amazon can help Peloton work off bloated inventory, but profitability won't be the same.

Gucci's Creative Chief to Step Down 

Alessandro Michele had reinvigorated the storied Italian luxury brand, though a period of rapid growth has since slowed.

Chinese Property Sector Rises After Banks Extend Funding Support 

Stocks in China's real-estate sector turned higher after state-owned banks said they would extend billions of dollars in funding support to several private developers.

MUFJ to Acquire Home Credit Group's Southeast Asia Units 

Japan's Mitsubishi UFJ Financial Group will buy Dutch consumer finance company Home Credit Group BV's Indonesian and Philippine units for about EUR596 million in an effort to expand its retail business in Southeast Asia.

FTX Hires Ex-Regulators to Investigate Firm's Collapse 

The crypto exchange tapped former SEC and CFTC enforcement chiefs to help figure out what went wrong and to communicate with regulators.

U.S. Poised to Grant Chevron License to Pump Oil in Venezuela 

The move would come just as Western sanctions on Russia threaten to tighten global supplies.

Deere's Profit, Sales Rise as Supply-Chain Delays Recede 

The world's largest seller of farm tractors and crop harvesters said it expects strong demand for farm and construction equipment to continue next year, as supply-chain constraints ease.

New CIO Wants Cisco to Be a Model for Hybrid Work 

Fletcher Previn, a veteran of IBM, aims to mold the networking-equipment company into a flexible-workplace paradigm.

VW to Give Germany Workers $3,000 Bonus Amid Soaring Inflation 

The auto maker also agreed to raise its Germany workers' pay in 2023 and 2024.

Big Shareholder Signals Opposition to News Corp-Fox Combination 

A major outside shareholder in News Corp and Fox Corp. opposes a plan by Rupert Murdoch to recombine the companies and wants other alternatives considered, including a breakup of News Corp.


(END) Dow Jones Newswires

November 24, 2022 05:15 ET (10:15 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.