Press Digest: Financial Times - April 24

Bed Bath & Beyond

24/04/2023 01:08

April 24 (Reuters) - The following are the top stories
in the Financial Times. Reuters has not verified these stories
and does not vouch for their accuracy.
    
    Headlines
    - NBCUniversal boss Jeff Shell ousted over 'inappropriate
relationship'
    - US urges South Korea not to fill China shortfalls if
Beijing bans Micron chips
    - Bed Bath & Beyond files for Chapter 11 bankruptcy
    - Chip designer Arm makes its own advanced prototype
semiconductor
    
    Overview
    - Jeff Shell is leaving as chief executive of NBCUniversal
after an investigation into alleged inappropriate conduct with a
female colleague, parent company Comcast Corp  CMCSA.O  said on
Sunday.
    - The White House has asked South Korea to urge its
chipmakers not to fill any market gap in China if Beijing bans
Micron Technology Inc  MU.O  from selling chips.
    - Bed Bath & Beyond Inc  BBBY.O , the once popular U.S. home
goods retailer that in recent years failed to keep up with the
rise of online shopping, filed for Chapter 11 bankruptcy
protection on Sunday.
    - British chipmaker Arm Ltd is developing its own chip to
showcase the capabilities of its designs, as the SoftBank-owned
group seeks to attract new customers and fuel growth following a
blockbuster IPO later this year.

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