News Highlights: Top Company News of the Day
SpaceX Gets Go-Ahead for Smaller Network of Starlink Satellites
U.S. regulators granted SpaceX permission to launch as many as
7,500 upgraded satellites for its Starlink internet business, but
withheld approval for the nearly 30,000 sought by the Elon Musk-led
Blackstone Limits Redemptions From Real Estate Fund, Stock Falls
Blackstone Real Estate Income Trust said the amount of
withdrawals requested in October exceeded its monthly limit of 2%
of its net-asset value and its quarterly threshold of 5%.
Layoffs Hit White-Collar Workers as Amazon, Walmart, Others Cut Jobs
Demand has fallen for professionals in technology, legal,
scientific and finance fields, as companies that ramped up staffing
during the pandemic, including tech firms, slow down hiring or cut
DOJ Watchdog Calls for Independent FTX Probe in Bankruptcy
A Justice Department official overseeing FTX's bankruptcy said
the cryptocurrency platform's collapse is likely the "fastest big
corporate failure in American history."
Disney Plan to Restructure, on McKinsey's Advice, Caused Uproar
Tension flared over plans to take control of marketing and other
decisions away from content chiefs at Disney.
Twitter Offers Incentives to Win Back Advertisers
Twitter is offering advertisers incentives to increase their
spending on the platform, an effort to jump-start its business
after Elon Musk's takeover prompted many companies to pull
Okta stock surges more than 25% as analysts approve of company's profit heading
Analysts praised the identity software company for heading in
the right direction after it promised a profitable fiscal 2024
following a turbulent year
Tyson CFO Pleads Not Guilty to Public Intoxication, Trespassing
John R. Tyson is set to go to trial Feb. 15 after police say he
was found asleep in the wrong Fayetteville, Ark., house last
Lawmakers Push for Crypto Oversight After FTX Collapse
CFTC head Rostin Behnam told lawmakers his agency needs
authority to oversee crypto trading, while Sen. Debbie Stabenow
said her committee's legislation addresses risks posed by practices
that took down FTX.
Tesla Delivers Semi Trucks to PepsiCo
Elon Musk introduced the semitrailer truck five years ago and it
was initially due out in 2019.
(END) Dow Jones Newswires
December 02, 2022 05:00 ET (10:00 GMT)
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