News Highlights: Top Company News of the Day
Amazon CEO Says He Doesn't Regret Hiring Spree as Company Starts Layoffs
Andy Jassy adds that the tech giant won't compromise on
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
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
(END) Dow Jones Newswires
November 30, 2022 15:00 ET (20:00 GMT)
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