News Highlights: Top Company News of the Day
December 05 2022 - 07:30AM
Dow Jones News
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
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
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
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
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)
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