News Highlights: Top Company News of the Day
Credit Suisse's Investment Bank Attracts Saudi Crown Prince
Mohammed bin Salman could invest $500 million to back CS First
Boston, which the Swiss bank is spinning off, and its CEO-designate
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.
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.
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.
Business-Software Companies Say Customers Are Pulling Back Amid Economic Concerns
Salesforce, Okta and CrowdStrike describe how clients are
delaying certain purchases and becoming more cautious.
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
(END) Dow Jones Newswires
December 05, 2022 05:00 ET (10:00 GMT)
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