Disney Plan to Restructure, on McKinsey's Advice, Caused Uproar 

Tension boiled over plans to take control of marketing and other decisions away from content chiefs at Disney.

Layoffs Hit White-Collar Workers as Amazon, Walmart, Others Cut Jobs 

Demand has fallen sharply for professionals in technology, legal, scientific and finance fields, and companies that ramped up staffing during the pandemic, including tech firms, are slowing down hiring or cutting jobs.

Twitter Offers Advertisers Generous Incentives, After Many Marketers Left Platform 

Twitter is offering advertisers incentives to increase their spending on the platform, an effort to jump-start its business after Elon Musk's takeover prompted many companies to pull back.

Blackstone Limits Redemptions From Real Estate Fund, Stock Falls 

Blackstone Real Estate Income Trust said the amount of withdrawals requested in October exceeded its monthly limit of 2% of its net-asset value and its quarterly threshold of 5%.

Okta stock surges more than 25% as analysts approve of company's profit heading 

Analysts praised the identity software company for heading in the right direction after it promised a profitable fiscal 2024 following a turbulent year

Salesforce Isn't on Cloud Nine 

Marc Benioff, the co-founder and longtime chief of Salesforce, is bidding farewell to the second person with whom he has attempted to share the top job.

Tyson CFO Pleads Not Guilty to Public Intoxication, Trespassing 

John R. Tyson is set to go to trial Feb. 15 after police say he was found asleep in the wrong Fayetteville, Ark., house last month.

Collapse of FTX Draws 
Senate Hearing Scrutiny 

Lawmakers should pass legislation that would impose strict rules on cryptocurrency exchanges- including rules to limit or prohibit the conflicts of interest that contributed to FTX's collapse-the chairman of the Commodity Futures Trading Commission said Thursday.

Tesla Set to Deliver Semi Truck to PepsiCo 

Elon Musk's car company is expanding beyond passenger vehicles with the delivery of its first all-electric semitrailer five years after introducing the model.

Biotech Company Says Citadel Securities, Other Big Traders Manipulated Its Stock Price 

In a new lawsuit, Northwest Biotherapeutics accused market makers of illicit "spoofing" orders.


(END) Dow Jones Newswires

December 01, 2022 17:15 ET (22:15 GMT)

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