Railroads Focus on Stabilizing Workforce After Strike Is Averted 

The federal rail regulator and businesses criticize service disruptions. Norfolk Southern is rethinking how it handles furloughs.

Foxconn's November Revenue Fell 11% After Covid Outbreak at iPhone Factory 

In its monthly revenue report, the iPhone assembler said the Covid situation is under control and it is moving toward restoring normal production capacity.

Celsius Faces Bankruptcy-Court Test on Crypto Ownership 

The firm says that cryptocurrency deposits belong to it, an unsettled legal question for other crypto platforms now in chapter 11.

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.

How the Grinch Might Steal Pinterest 

Investors hopeful for a big holiday from Pinterest could be disappointed.

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 Michael Klein.

TSMC's Arizona Chip Plant, Awaiting Biden Visit, Faces Birthing Pains 

High costs, lack of trained personnel and unexpected construction snags are among the issues cited by the Taiwanese company as it rushes to get the $12 billion factory ready to start production in December 2023.

FDA Takes Tougher Line on Fast-Tracked Drugs 

GSK and Roche have pulled drugs approved on an accelerated basis, while other drugmakers win speedy approvals only after starting confirmatory studies.

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.


(END) Dow Jones Newswires

December 05, 2022 07:15 ET (12:15 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.