News Highlights: Top Company News of the Day
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
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
(END) Dow Jones Newswires
December 05, 2022 03:15 ET (08:15 GMT)
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