News Highlights: Top Company News of the Day
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
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
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)
Copyright (c) 2022 Dow Jones & Company, Inc.