Facebook Threatens to Pull News From Platform if Bill Passes Congress 

Journalism Competition and Preservation Act is meant to help publishers team up to negotiate payments from tech companies.

Uber Reaches Settlement With Chicago Over Fees and Restaurant Listings 

Restaurants were listed without their consent and were charged excessive fees, according to a two-year investigation by the city.

California Lawmakers to Consider Penalties on Oil Companies to Fight High Gas Prices 

A draft of the proposal released by Gov. Gavin Newsom laid out a framework that would set an annual maximum profit margin for oil refiners.

PepsiCo to Cut Hundreds of Jobs in North America 

The layoffs will affect the company's beverage business and its snacks and packaged-foods business, according to people familiar with the matter.

Citi on verge of agreement to get back what it accidentally paid to Revlon's lenders, court filing shows 

Hedge funds are on the verge of reluctantly returning some $500 million that Citigroup accidentally gave to them three years ago, a court filing shows.

Lovell Minnick Seeks $1.5 Billion for Newest Buyout Fund 

Lovell Minnick Partners is seeking a modest increase in size for its newest buyout fund.

Taylor Swift Fans Sue Ticketmaster 

The lawsuit was among the first filed by Ms. Swift's fans since the sale for the 'Eras Tour' sparked broad scrutiny.

Slack CEO Stewart Butterfield to Depart 

Salesforce named current cloud executive Lidiane Jones to run the messaging app.

Verizon CEO Vestberg to Take Over Consumer Unit After Executive Exit 

Consumer division leader Manon Brouillette departed after less than a year amid weak wireless subscriber growth.

Stablecoin Firm Circle Ends SPAC Deal 

Circle Internet Financial, the company that operates the USD Coin stablecoin, is ending its current attempt to go public though a special purpose-acquisition merger.


(END) Dow Jones Newswires

December 06, 2022 05:15 ET (10:15 GMT)

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