News Highlights: Top Company News of the Day
Netflix to Let Tens of Thousands of Subscribers Preview Content
The streaming giant plans a global expansion of the program that
helped make "Don't Look Up" less serious.
Timberland Manager Manulife Moving Into Forest Carbon-Offset Market
Manulife Investment Management is raising $500 million to buy
forests around the world where carbon sequestration will take
precedence over logging.
Tesla to Recall About 435,000 Cars in China
Tesla is recalling more than 435,000 cars in China, days after
the electric-car maker recalled about 80,000 vehicles in the
world's largest auto market.
Naloxone Startup Pursues FDA Approval for Over-the-Counter Swab
The FDA has encouraged companies to pursue nonprescription
status for opioid-reversal drugs.
GE Sets Healthcare Division Spinoff Plans
Shareholders will get one share in the new company in January
for every three company shares they hold.
Zuckerberg Says Apple Has Too Much Clout Over Apps
The Meta chief executive remains optimistic about his company's
metaverse products and services.
TikTok Chief Touts Customer Data-Privacy Initiatives
The unit of Beijing-based ByteDance has faced questions over the
influence of the Chinese government on how its video-sharing
platform secures user data.
Starwood-Backed Reverse Mortgage Originator Files for Bankruptcy
Reverse Mortgage Investment Trust says it is among the nation's
biggest providers of financing that enables seniors to tap the
value built up in their homes.
Sam Bankman-Fried Denies Knowing Scale of Bad Alameda Bets
Sam Bankman-Fried said that he didn't intend to commit any fraud
or use customer funds to back leveraged bets that went wrong at
Alameda Research, a crypto hedge fund attached to FTX that pushed
the exchange to bankruptcy.
Elon Musk Says Apple, Twitter Have 'Resolved' Differences After Meeting
The Twitter boss said he met with Apple CEO Tim Cook at Apple's
headquarters and that Mr. Cook said Apple never considered banning
Twitter from the App Store.
(END) Dow Jones Newswires
December 01, 2022 07:00 ET (12:00 GMT)
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