May 22 (Reuters) - Following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
- Investment giant Blackstone will grant equity to
most employees at its large U.S. buyouts.
- Lululemon Athletica ( LULU ) on Tuesday said it was
implementing a new integrated design structure and announced the
departure of Chief Product Officer Sun Choe.
- A group including Exxon Mobil ( XOM ) shareholders is
calling on its peers to vote against the oil company's chief
executive officer and its lead independent director.
- Disney's ( DIS ) Pixar Animation Studios began laying off
about 14% of its workforce Tuesday as it scales back development
of original streaming series.
- U.S. Treasury Secretary Janet Yellen said on Tuesday
that the United States and Europe needed to respond to China's
industrial overcapacity in a "strategic and united way" to keep
manufacturers viable on both sides of the Atlantic.
- Brussels-based China Chamber of Commerce to the EU
warned of possible tariff increases on car imports in
retaliation for moves taken by the U.S. and European Union on
Chinese electric vehicles, as trade tensions escalate between
China and the West.
(Compiled by Bengaluru newsroom)