May 20 (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.
- Utility firm TXNM Energy ( TXNM ) said it would be
acquired by the infrastructure unit of Blackstone in a
$11.5 billion deal.
- Wall Street firm Cantor Fitzgerald said that U.S. Commerce
Secretary Howard Lutnick agreed to transfer his stake in the
firm to his children and a group of investors, and divested
assets in two subsidiaries, complying with his U.S. government
ethics agreement.
- Regeneron Pharmaceuticals ( REGN ) said it will buy
genomics firm 23andMe Holding for $256 million through a
bankruptcy auction, and promised to prioritize the ethical use
of DNA data from customers using ancestry testing and other
services.
- Wendy McMahon, president and CEO of Paramount Global's ( PARAA )
CBS News, will step down from her position, telling
staffers that she and the company have differing views on the
path forward.
- Paramount Group ( PGRE ). a major New York City and
San Francisco office landlord, is exploring strategic
alternatives for its business, which could entail an outright
sale of the company.
- The Trump administration lifted a month-old stop-work
order on a major offshore wind facility planned off the coast of
New York, Norway's Equinor ( EQNR ), the project's developer,
said.
(Compiled by Bengaluru newsroom)