News Highlights: Top Company News of the Day
30 November 2022 - 7:15AM
Dow Jones News
AMC Networks to Lay Off 20% of U.S. Workers as CEO Exits
The company has been under pressure from cord-cutting as
Americans have moved from traditional pay-TV packages to streaming
services.
Twitter Under Elon Musk Abandons Covid-19 Misinformation Policy
The platform is an outlier among social-media companies in
giving up policing false and misleading information about
Covid-19.
BlockFi 'Shocked' by Fraud Allegations Against FTX, Lawyer Says
The cryptocurrency lender reiterated in bankruptcy-court hearing
that it is different from FTX and is working to return client funds
as soon as possible
That Knee Surgery You Postponed Could Soon Hobble Insurance Giants
Managed care companies have outperformed the broader stock
market due to lower-than-expected medical costs, but that could
start to change in 2023.
Elon Musk's Apple Attack Sets Stage for Public Spat
The dispute could draw new attention to how speech is monitored
on the internet.
Nestlé Considers Shedding Peanut Allergy Treatment as Sales Disappoint
Palforzia, the world's only approved peanut allergy drug, has so
far proved a flop, potentially because of a laborious treatment
process.
RBC Bets on Immigration in $10.1 Billion HSBC Canada Deal
Royal Bank of Canada seeks to shore up its domestic competition
and tap into affluent international clientele with financial ties
to the country.
Board of Italian Soccer Giant Juventus Resigns Over Accounting Probe
Italian authorities are looking into allegations of false
accounting and market manipulation related to player wages and
transfers.
Macy's Hosts Tween Retailer Claire's at 21 Locations
The fashion-and-accessories chain has opened store-in-stores
inside Macy's locations as both retailers look to diversify beyond
struggling malls.
Car Makers Face Bumpier Road in China
Germany's automotive powerhouses look exposed as the rise of
electric vehicles upsets the established order in the world's
largest car market.
(END) Dow Jones Newswires
November 29, 2022 15:00 ET (20:00 GMT)
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