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PRESS DIGEST-Wall Street Journal - Aug 5
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PRESS DIGEST-Wall Street Journal - Aug 5
Aug 4, 2024 11:42 PM

Aug 5 (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.

- Candy giant Mars Inc is in advanced talks to acquire

snack-maker Kellanova ( K ) in a deal that could value Kellanova ( K )

at $30 billion.

- CrowdStrike ( CRWD ) says that it isn't to blame for Delta

Air Lines' ( DAL ) days-long meltdown following the tech outage

caused by the cybersecurity company, and that it isn't

responsible for all of the money that the carrier says it lost.

- Tropical Storm Debby picked up strength Sunday as it raced

toward Florida, where it is expected to make landfall as a

hurricane and bring dangerous flooding to the southeast Atlantic

coast later in the week.

- Societe Generale agreed to sell its banking

subsidiaries in the U.K. and Switzerland in two separate deals

valued at 900 million euros ($982.1 million).

- U.S. Vice President Kamala Harris has been

interviewing finalists for her running mate, including

Pennsylvania Gov. Josh Shapiro, Sen. Mark Kelly of Arizona and

Minnesota Gov. Tim Walz on Sunday, and is expected to announce

her choice ahead of a first joint appearance scheduled for

Tuesday in Philadelphia.

(Compiled by Bengaluru newsroom)

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