financetom
Business
financetom
/
Business
/
PRESS DIGEST- Wall Street Journal - May 8
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PRESS DIGEST- Wall Street Journal - May 8
May 7, 2024 11:17 PM

May 8 (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.

- Perpetual has agreed to sell its corporate trust

and wealth management businesses to buyout firm KKR in a

deal worth around 2.18 billion Australian dollars (US$1.44

billion).

-TikTok filed a federal lawsuit Tuesday challenging the

constitutionality of a new law that requires a sale or ban of

the popular social-media app.

- The National Highway Traffic Safety Administration wants

Tesla to send more information regarding its Autopilot

system tied to a December recall of more than two million

vehicles, after crashes kept occurring after the recall.

- Tesla's former China head, Tom Zhu, who had

skyrocketed through the ranks as a turnaround guru, is getting

deployed from the company's Texas headquarters back to China.

- U.S.-Israeli startup Wiz said it raised $1 billion in

a deal valuing the fast growing cloud security startup at $12

billion.

- Uber Technologies ( UBER ) and Instacart have

struck a partnership that will allow customers to order Uber

Eats restaurant food via the Instacart app.

(Compiled by Bengaluru newsroom)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US Supreme Court rejects challenge to F-35 sales to South Korea
US Supreme Court rejects challenge to F-35 sales to South Korea
Jun 17, 2024
June 17 (Reuters) - The U.S. Supreme Court on Monday declined to hear an appeal by international deals broker Blenheim Capital alleging it was cut out of a multibillion-dollar transaction involving South Korea's purchase of F-35 fighter jets and a satellite. The justices without comment turned away an appeal by Blenheim of a decision by the Richmond, Virginia-based 4th U.S....
Chemistree to Consolidate its Shares Next Week and Change its Name and Stock Symbol
Chemistree to Consolidate its Shares Next Week and Change its Name and Stock Symbol
Jun 17, 2024
04:40 PM EDT, 06/17/2024 (MT Newswires) -- Chemistree Technology ( CHMJF ) on Monday said it plans to consolidate its shares on a one-for-ten basis and change its name. The investment company said the consolidation will take effect on June 24, the same day it changes its name to Waverunner Capital and its stock symbol on the Canadian Securities Exchange...
Artis Real Estate Investment Trust Announces Monthly Cash Distribution
Artis Real Estate Investment Trust Announces Monthly Cash Distribution
Jun 17, 2024
04:43 PM EDT, 06/17/2024 (MT Newswires) -- Artis Real Estate Investment Trust (AX-UN.TO) said Monday its trustees declared a monthly cash distribution of $0.05 per trust unit for the month of June. The distribution remained unchanged from May. The cash distributions for this month will be made on July 15 to unitholders on record as of June 30. Artis is...
Microsoft's Xbox marketing chief to depart for Roblox
Microsoft's Xbox marketing chief to depart for Roblox
Jun 17, 2024
(Reuters) - Microsoft's ( MSFT ) marketing chief of Xbox is leaving the company to join gaming platform Roblox ( RBLX ) as their chief marketing officer as part of a broader marketing shakeup in the console maker, according to an internal memo seen by Reuters on Monday. Jerret West oversaw the creation and delivery of multiple marketing campaigns, including...
Copyright 2023-2026 - www.financetom.com All Rights Reserved