Press Digest: Wall Street Journal - Sept 8

Bed Bath & Beyond

08/09/2023 05:22

Sept 8 (Reuters) - Following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
    
    - Walmart  WMT.N  is paying some new store workers less than
it would have three months ago.
    
    - The U.S. Securities and Exchange Commission (SEC) is
investigating billionaire Ryan Cohen's ownership and surprise
sale of Bed Bath & Beyond shares.
    
    - Spotify  SPOT.N  plans to test a free audiobook bundle for
its paying subscribers in the coming months, part of a push to
become a go-to provider of that content.
    
    -  General Motors  GM.N  on Thursday made a counterproposal
to the union representing its U.S. hourly workers in a bid to
avoid a costly strike, but United Auto Workers President Shawn
Fain called the offer "insulting."
        
  
        - Former FTX executive Ryan Salame on Thursday became
the fourth associate of company founder Sam Bankman-Fried to
plead guilty to criminal charges tied to the collapse of the
crypto exchange.
        
  

        
  
        
  

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