Amazon CEO Says He Doesn't Regret Hiring Spree as Company Starts Layoffs 

Andy Jassy adds that the tech giant won't compromise on long-term investments.

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.

Newest Alzheimer's Drugs Take Big But Fraught Step Toward Approval 

Positive study results for Eisai-Biogen lifted the prospects for its medication and one from Eli Lilly-although regulators will have to weigh risks.

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.

H&M to Lay Off 1,500 Staff to Stem Rising Costs 

Fast-fashion giant is latest retailer to announce job cuts amid high inflation

Early Alameda Staffers Quit Over Risk, Compliance Concerns 

Years before Sam Bankman-Fried's crypto empire collapsed, a group of employees quit in a power struggle-after becoming concerned about what they say was his cavalier approach to risk, compliance and accounting.

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 expectations.


(END) Dow Jones Newswires

November 30, 2022 15:00 ET (20:00 GMT)

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