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 business.

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 jobs.

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 back.

Kanye West Suspended From Twitter After Swastika Tweet 

The musician and designer, who now legally goes by Ye, posted a picture of a swastika merged with the Star of David.

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 month.

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 07:00 ET (12:00 GMT)

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