News Highlights: Top Company News of the Day
AMC Networks Plans Layoffs as CEO Exits
The company has been under pressure from cord-cutting as
Americans have moved from traditional pay-TV packages to streaming
Elon Musk's Apple Attack Sets Stage for Public Spat
The dispute could draw new attention to how speech is monitored
on the internet.
Nestlé May Shed Peanut Allergy Treatment as Sales Disappoint
Palforzia, the world's only approved peanut allergy drug, has so
far proved a flop, potentially due to a laborious treatment
HSBC to Sell Canadian Arm to Royal Bank of Canada for $10 Billion
RBC said the deal, expected to close by late 2023, will boost
its competitiveness globally.
Board of Italian Soccer Giant Juventus Resigns Over Accounting Probe
Italian authorities are looking into allegations of false
accounting and market manipulation related to player wages and
Macy's Hosts Tween Retailer Claire's at 21 Locations
The fashion-and-accessories chain has opened store-in-stores
inside Macy's locations as both retailers look to diversify beyond
Car Makers Face Bumpier Road in China
Germany's automotive powerhouses look exposed as the rise of
electric vehicles upsets the established order in the world's
largest car market.
Kroger, Albertsons Expected to Defend Grocery Merger at Senate Hearing
The companies' CEOs are likely to face questions on how the
proposed $20 billion deal would affect competition and
Chinese Startups Try to Make It Big in the U.S.-Without the Backlash
The companies are using strategies to maintain access to
resources and markets across the world's two largest economies,
while seeking to avoid the kind of attention that comes with being
labeled a Chinese company.
Apple Has No Easy Road Out of China
Unrest in China has affected production of Apple's devices,
threatening the near-term sales mix that investors were counting on
to help prop up iPhone revenue and highlighting long-term
(END) Dow Jones Newswires
November 29, 2022 13:15 ET (18:15 GMT)
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