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PRESS DIGEST- Wall Street Journal - June 3
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PRESS DIGEST- Wall Street Journal - June 3
Jun 2, 2024 11:50 PM

June 3 (Reuters) - The following are the top stories in

the Wall Street Journal. Reuters has not verified these stories

and does not vouch for their accuracy.

-David Ellison's Skydance Media made a sweetened offer to

buy up to a certain number of non-voting Paramount Global ( PARAA )

shares at roughly $15 each.

-Washington Post executive editor Sally Buzbee is stepping

down, the latest leadership change at the Jeff Bezos-owned news

organization as it contends with declining traffic and continued

losses.

- Waste Management is nearing a deal to buy

medical-waste-disposal company Stericycle ( SRCL ) for roughly

$7 billion including debt.

- French IT firm Atos said it received two revised

financial restructuring proposals as part of its refinancing

process, aimed to cut debt and restore profitability.

- Toyota Motor ( TM ) suspended shipments and sales of

three models produced in Japan, saying they were tested using

methods that differed from the Japanese government's standards.

- OPEC+ on Sunday agreed to extend all production curbs into

next year, a deal that likely signals oil prices will remain

elevated through the U.S. presidential election.

(Compiled by Bengaluru newsroom)

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