Press Digest: Wall Street Journal - May 27
PRESS DIGEST -Wall Street Journal - May 27 May 27 - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
- American Airlines will install Starlink internet service on more than 500 single-aisle Airbus AIR.PA planes starting early next year.
- Eli Lilly LLY.N said it will buy three vaccine developers in deals worth up to $3.8 billion in combined value, signaling its push into infectious disease prevention.
- DuPont de Nemours DD.N announced a 1-for-3 reverse stock split, effective June 24, and reaffirmed its financial guidance.
- Jonathan Andic, son of Mango’s late founder, is temporarily stepping down as vice president after being accused in his father’s death.
- Dropbox DBX.O Chief Executive Andrew Houston will step down after 19 years to become executive chairman, Ashraf Alkarmi will be the new CEO.
- The Spanish government is moving to block Polymarket and Kalshi for operating without a gambling license.
(Compiled by Bengaluru newsroom)
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