Press Digest: Wall Street Journal - Dec 20

AAR

20/12/2024 05:39

Dec 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.
    
    - Expedia Group  EXPE.O  has appointed Scott Schenkel, 56,
as its chief financial officer and he is expected to succeed
Julie Whalen on Dec. 30.
    
    - Global aerospace company AAR  AIR.N  agreed to pay over
$55 million to resolve corruption-related investigations brought
by the U.S. Justice Department and the Securities and Exchange
Commission.
    
    - The Walton family is passing some of its control in
Walmart  WMT.N  to the next generation, giving all of the
founder's grandchildren voting rights over their inheritance.
Eight grandchildren of founder Sam Walton will gain voting
rights over the family's holdings, bringing the total number of
voting members to 11.
    
    - U.S. federal prosecutors charged Luigi Mangione with
murder and stalking on Thursday for the Dec. 4 shooting of the
UnitedHealth Group  UNH.N  executive Brian Thompson, alleging he
was arrested with a notebook stating an intent to "wack" the CEO
of an insurance company. 
        
  
        - The U.S. Federal Aviation Administration (FAA) has
issued a month-long ban on flying drones in parts of New Jersey
for security reasons, saying that unmanned aircraft are not
allowed to fly over critical infrastructure across swaths of the
state.
        
  

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))