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January 24, 2022

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London Stock Exchange proposes special listings for private companies – WSJ

Reuters
A man shelters under an umbrella as he walks past the London Stock Exchange in London, Britain, August 24, 2015. REUTERS/Suzanne Plunkett Register now for FREE unlimited access to Reuters.com Register Jan 15 (Reuters) – The London Stock Exchange Group has proposed a special market for private companies to trade......

Facebook parent’s head of communications leaves company – WSJ

Reuters
A 3D printed Facebook’s new rebrand logo Meta is placed on laptop keyboard in this illustration taken on November 2, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Jan 7 (Reuters) – The head of communications at Facebook parent Meta Platforms Inc (FB.O), John Pinette, is......

WarnerMedia, ViacomCBS exploring possible sale of CW Network – WSJ

Reuters
Jan 5 (Reuters) – AT&T Inc’s (T.N) WarnerMedia and ViacomCBS Inc are exploring a possible sale of a significant stake or all of the CW Network, which they jointly own, the Wall Street Journal reported late on Wednesday, citing people close to the talks. Nexstar Media Group Inc (NXST.O) is......

Mondee nears $1 bln SPAC deal to go public – WSJ

Reuters
Dec 19 (Reuters) – Mondee Inc is nearing a deal with a blank-check firm that would value the travel-technology firm at about $1 billion and take it public, the Wall Street Journal reported on Sunday. Mondee will merge with special-purpose acquisition company ITHAX Acquisition Corp, the report said, citing people......

Elizabeth Holmes admits she went to Rupert Murdoch to try and kill WSJ Theranos story

CNBC
CNBC – For more and to sign up click here SAN JOSE, CALIF. — In her first day facing questions from the prosecution, Theranos founder Elizabeth Holmes admitted that she tried to get News Corp’s Rupert Murdoch to kill a story that the Wall Street Journal was preparing to publish......

Aaron Rodgers corrected by reporter after he misidentifies w of WSJ story

Sports Illustrated
SI – For more and to sign up click here Madeline Coleman Reporter Molly Knight, formerly of The Athletic, responded to Aaron Rodgers after he misidentified her as the author of The Wall Street Journal‘s ‘COVID toe’ article.  “Since there seems to be some confusion: I did not write the Aaron......

Aaron Rodgers demands WSJ apologize over ‘COVID Toe’ coverage

USA TODAY – For more and to sign up click here Sarakshi Rai Green Bay Packers quarterback Aaron Rodgers on Wednesday sought to set the record straight about his recent toe injury, dismissing claims that he had a condition known as “COVID toe” after referencing it the day before. Rodgers told reporters......

Coke to pay $5.6 bln for full control of BodyArmor – WSJ

Reuters
A Coca-Cola logo is pictured during an event in Paris, France, March 21, 2019. REUTERS/Benoit Tessier Oct 31 (Reuters) – Coca-Cola Co (KO.N) is buying full control of BodyArmor for $5.6 billion in a deal that values the sports drink brand at about $8 billion, the Wall Street Journal reported......

Facebook used Big Tobacco playbook to exploit teens and children, senators say at hearing after WSJ series

CNBC
CNBC – For more and to sign up click here Facebook Chairman and CEO Mark Zuckerberg. Erin Scott | Reuters U.S. lawmakers from opposite sides of the aisle agree on virtually nothing these days. The exception is when the topic is Facebook. Republicans and Democrats grilled Antigone Davis, Facebook’s global......

China asks local officials to prepare for ‘possible storm’ if Evergrande fails, WSJ says

CNBC
CNBC – For more and to sign up click here Chinese authorities have told local officials to prepare for a potential demise of heavily indebted property developer Evergrande, The Wall Street Journal reported Thursday. Local officials described the signals from Chinese authorities as “getting ready for the possible storm” and......

France’s OVHcloud prepares for $4.7 billion IPO- WSJ

Reuters
Sept 19 (Reuters) – French cloud computing services provider OVHcloud plans to launch a possible initial public offering as soon as Monday that could value it at more than $4.7 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter. The cloud-service provider won’t make any......

Facebook says WSJ allegations are ‘mischaracterizations,’ confer ‘false motives’

Reuters
The logo of Facebook is seen in Davos, Switzerland Januar 20, 2020. Picture taken January 20, 2020. REUTERS/Arnd Wiegmann Sept 18 (Reuters) – Facebook Inc (FB.O) on Saturday slammed a Wall Street Journal series of articles about the social media company’s platform as containing “deliberate mischaracterizations” and said the articles......

Chevron braces for activist challenge; meets Engine No.1 representatives- WSJ

Reuters
The Chevron Pascagoula Refinery is pictured in Pascagoula, Mississippi, U.S., September 4, 2018. REUTERS/Jonathan Bachman Sept 3 (Reuters) – Chevron Corp (CVX.N) is preparing to defend itself against a potential activist challenge and met with representatives of the pro-environment fund which won three board seats at Exxon Mobil (XOM.N) in......

United jets with engines involved in Denver incident may not fly until next year – WSJ

Reuters
The damaged starboard engine of United Airlines flight 328, a Boeing 777-200, is seen following a Feb. 20 engine failure incident, in a hangar at Denver International Airport in Denver, Colorado, U.S. February 22, 2021. National Transportation Safety Board/Handout via REUTERS Aug 30 (Reuters) – Dozens of United Airlines Holdings......

US authorities investigating Deutsche Bank’s DWS Group over sustainable investing claims: WSJ

CNBC
CNBC – For more and to sign up click here Deutsche Bank‘s asset management arm, DWS Group, is being investigated by U.S. authorities over claims it made about its sustainable investing practices, the Wall Street Journal reported Wednesday.  According to the WSJ’s report, federal prosecutors and the Securities and Exchange......

Amazon plans to open large physical retail stores in U.S. – WSJ

Reuters
Small toy shopping cart is seen in front of displayed Amazon logo in this illustration, taken July 30, 2021. REUTERS/Dado Ruvic/Illustration Aug 19 (Reuters) – Amazon.com Inc (AMZN.O) is planning to open several large physical retail stores in the United States that will operate like department stores, the Wall Street......

White House is asked to protect New York Times, Washington Post, WSJ journalists ‘in danger’ at Kabul airport

CNBC
CNBC – For more and to sign up click here Men try to get inside Hamid Karzai International Airport in Kabul, Afghanistan August 16, 2021. Stringer | Reuters The publisher of The Washington Post pleaded with the White House on Monday to have the U.S. military move to safety more......

Rio Tinto mismanagement caused cost overrun at Mongolian mine – WSJ

Reuters
The Rio Tinto mining company’s logo is photographed at their annual general meeting in Sydney, Australia, May 4, 2017. REUTERS/Jason Reed Aug 9 (Reuters) – An expert group reviewing the cause of a $1.4 billion cost overrun at a Mongolian mine run by Rio Tinto (RIO.L), (RIO.AX) said it was......

Didi Global considers going private to calm China – WSJ

Reuters
The logo for Chinese ride-hailing company Didi Global Inc is pictured during the IPO on the New York Stock Exchange (NYSE) floor in New York City, U.S., June 30, 2021. REUTERS/Brendan McDermid/File Photo July 29 (Reuters) – China’s Didi Global (DIDI.N) is considering going private to placate Chinese authorities and......

Intel in talks to buy GlobalFoundries for about $30 billion – WSJ

Reuters
An Intel Tiger Lake chip is displayed at an Intel news conference during the 2020 CES in Las Vegas, Nevada, U.S. January 6, 2020. REUTERS/Steve Marcus/File Photo July 15 (Reuters) – Intel Corp (INTC.O) is in talks to buy semiconductor manufacturer GlobalFoundries Inc for about $30 billion, the Wall Street......

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