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PRESS DIGEST- Wall Street Journal - Oct 24
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PRESS DIGEST- Wall Street Journal - Oct 24
Oct 31, 2024 1:15 AM

Oct 24 (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.

- Boeing's ( BA ) largest union, International Association

of Machinists and Aerospace Workers (IAM), rejected a new labor

deal on Wednesday, extending a six-week strike that has plunged

the jet maker into increasing financial peril.

- American Airlines ( AAL ) was fined $50 million by the

Transportation Department after the regulators said the carrier

for years mistreated passengers with disabilities.

- Frontier Communications' second largest investor,

Glendon Capital Management, is the latest stakeholder to come

out against the company's proposed $9.6 billion acquisition by

Verizon Communications ( VZ ).

- The U.S. Justice Department has sent a letter to Elon

Musk's America PAC, cautioning him that giving $1 million voter

lottery payments to registered voters who sign a petition might

violate federal law.

(Compiled by Bengaluru newsroom)

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