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PRESS DIGEST- Wall Street Journal - Nov 27
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PRESS DIGEST- Wall Street Journal - Nov 27
Nov 26, 2024 9:48 PM

Nov 27 (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.

- Toronto-based Brazil Potash ( GRO ) said its initial public

offering included two million shares priced at $15.00 each,

raising $30 million, with its shares trading in the U.S. on

Wednesday.

- The U.S. government is granting Intel ( INTC ) up to $7.87

billion to help fund new chip plants in four states, the largest

award in the Biden administration program aimed at reviving

American chip-making.

- Evolv Technologies ( EVLV ) on Tuesday said it has reached

an agreement to resolve a Federal Trade Commission inquiry into

certain aspects of its prior marketing claims, without admitting

wrongdoing.

- Investors in StraightPath Venture Partners funds might

begin to see some cash coming back to them within months after a

judge approved a court-appointed receiver's plan to unwind the

commingled funds that invested in pre-IPO shares.

- Israel approved a cease-fire with Lebanon that is

intended to bring a halt to more than a year of fighting with

the Hezbollah and could help defuse a broader regional crisis

that has threatened to ensnare the U.S. and other world powers.

- U.S. President-elect Donald Trump has selected

Stanford health-policy professor Dr. Jay Bhattacharya to head

the National Institutes of Health.

(Compiled by Bengaluru newsroom)

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