Bloomberg

Apple is pulling back iPhone 14 production ramp-up as demand slows

• apple inc AAPL resigns from increasing production of his new iPhone 14 Lineup 2022.
• That Tim cook-led company is pulling away from ramping up production of its latest smartphones due to flagging demand.
• The Cupertino, California-based company launched the iPhone 14 in early September. The device is available in five colors and features such as emergency call SOS via satellite.

Reuters

Lyft is set on a tougher stance amid slowdown concerns

• Lyft Inc LYFT US hiring freezes through the end of the year.
• lyft, which cut 60 rental jobs in July fought rising spending as US inflation hit record highs.
• Several technology companies reduced the number of employees last months.
• Lyft posted a record quarter in August. However, Lyft warned that challenges from high insurance costs, macroeconomic uncertainty and inflation would remain in the third quarter.

Toyota aims to start selling small electric sedans in China by the end of 2022

• Toyota Motor Corp TM is scheduled to start selling and producing a small electric sedan by the end of 2022.
• The production is part of Toyota’s collaboration with the Chinese battery company BYD Co Ltd WILL.
• The bZ3 sedan, now slated for sale in China, will be the second model in Toyota’s Beyond Zero (bZ) line of battery electric vehicles (BEVs).
• The sport utility vehicle bZ4X, the first of the bZ series, had to stop production after a worldwide recall.

Wall Street Journal

GM postpones return-to-office mandate after employee pressure

• General Motors Co GM withdrew aspects of his return-to-the-office plans amid staff criticism.
• An employee memo from General Motors CEO last week Maria Barra Drafted plans for employees to return to the office three days a week, expected to come into effect later this year.
• This week, a follow-up email pushed back the return to office policy to the first quarter of the…