Chinese Consumer Stocks Rally as Covid Restrictions Eased 

Chinese consumer-related shares from airlines to food-chain operators were higher Monday, after Beijing pared back some of its strictest Covid-19 control measures.

Credit Suisse's Investment Bank Spinoff Attracts Saudi Crown Prince 

Mohammed bin Salman could invest $500 million to back CS First Boston and CEO-designate Michael Klein.

New Zealand Plans to Make Facebook, Google Pay for News 

New Zealand said it would seek to require online platforms like Alphabet's Google and Facebook owner Meta Platforms to pay news publishers for content.

CVS Tries Out Remote System to Help Fill Prescriptions 

Some of the chain's pharmacists could check pill counts and handle other tasks from miles away.

Chevron's Long Game in Venezuela Brings It Political Risk 

Company's license to pump oil depends on progress toward free elections by the Maduro regime and its opponents.

Clashes Over FTX Bankruptcy Go Global 

Squabbles are erupting around the world over who controls the insolvent company's cash and crypto assets.

Iger's Return Opens Door for Florida to Consider Restoring Disney's Tax Privileges 

A Florida lawmaker said Robert Iger's return as Disney CEO has boosted the prospects that the state could work out a new deal with the entertainment company.

Apple Makes Plans to Move Production Out of China 

Burned by Covid-19 lockdowns and worker protests at Foxconn plants, the iPhone maker is looking to further diversify the supply chain that has powered its growth.

From CNN to Paramount, Media Companies Cut Jobs as Pressures Mount 

An advertising slowdown, economic worries and strains of the shift to streaming have many major media companies in cost-cutting mode.

Delta Offers Pilots 34% Raises Over Four-Year Deal 

The proposal still needs to be approved by union leaders and then would have to be ratified by Delta's pilots. But an agreement would set a bar for rivals that are also trying to hammer out new contracts.


(END) Dow Jones Newswires

December 05, 2022 03:15 ET (08:15 GMT)

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