News Highlights: Top Company News of the Day
Twitter Becomes Stage for China Protests Despite Ban by Beijing
The platform is proving to be a critical avenue for those who
seek to broadcast images of demonstrations to the world.
Even CrowdStrike Isn't on Safe Ground
The cloud-software vendor's bleak projection shows cybersecurity
isn't immune to an economic slowdown.
GM's Cruise Seeks Regulatory OK to Test Shuttle With No Steering Wheel
The driverless-car firm is seeking permission from the
California DMV to deploy its Origin shuttles on public roads as
test vehicles on San Francisco streets.
CNN Layoffs Are Under Way
'It will be a difficult time for everyone,' Chris Licht, chief
executive at the cable network, wrote in a memo to staff.
H&M to Lay Off 1,500 Staff to Stem Rising Costs
Fast-fashion giant is latest retailer to announce job cuts amid
Early Alameda Staffers Quit Over Risk, Compliance Concerns
"We ended up not really knowing how much money we even had," one
former employee said.
DoorDash Cuts Staff by 1,250 to Rein in Costs
The food-delivery company's operating expenses grew too fast,
its CEO said.
Petco Shares Rise as Quarterly Sales Tick Up
Shares of Petco Health and Wellness rose after the company
reported higher third-quarter sales and earnings that met analyst
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.
Honda Plans New Autonomous Features but Sees Long Road Ahead to Self-Driving Cars
The auto maker said it would focus for now on partially
autonomous driving technology to improve safety, joining others
that say fully self-driving cars aren't ready for prime time.
(END) Dow Jones Newswires
November 30, 2022 13:15 ET (18:15 GMT)
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