DoorDash Cuts Staff by 1,250 to Rein in Costs 

Growth has tapered from pandemic highs, the chief executive said in a memo to staff, and operating costs would continue to outpace sales growth if left unaddressed.

Volkswagen, Honda Suspend Production at China Plants Due to Covid-19 Curbs 

The production halts underscore how supply-chain disruptions are bubbling up yet again in China.

Hormel's Revenue Slips 5% on Fewer Bacon, Turkey Sales 

The company's refrigerated-foods business saw volumes drop 19% without the benefit of an additional week in last year's fiscal fourth quarter.

Early Alameda Staffers Quit Over Risk, Compliance Concerns 

"We ended up not really knowing how much money we even had," one former employee said.

Twitter's Former Trust and Safety Chief Says He Left When System of Governance Went Away 

Yoel Roth said he departed following the botched launch of the upgraded Twitter Blue subscription program after Elon Musk ignored his team's warnings about the rollout.

Amazon Is Signaling its India Fatigue 

Closing small subsidiaries doesn't at first look like a major defeat. But the exit from wholesale e-commerce means, for now at least, Amazon is conceding to Walmart-backed Flipkart and Reliance in 'kirana-tech.'

Airbnb Aims to Attract Big Landlords With a Cut of Its Rental Sales 

A new service for rental apartments will act as a listing platform, similar to Zillow or, but it will only include units where short-term sublets are allowed.

Elon Musk's Neuralink Set to 'Show and Tell' Latest Brain-Computer Advances at Event 

Startup, which aims to help patients with neurological conditions or others by decoding brain activity with technology, is set to broadcast latest update.

General Catalyst Backs Clinical Trials Startup Vial 

Venture firm General Catalyst has led a new investment in Vial Health Technology, a startup whose technology and services are designed to help biotechnology companies run faster and more-efficient clinical trials.

Rio Tinto Expects Steady Iron-Ore Shipments in 2023 

Rio Tinto expects iron-ore shipments from its Australian mines to be steady year over year in 2023, and for aluminum output to rise.


(END) Dow Jones Newswires

November 30, 2022 09:00 ET (14:00 GMT)

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