Press Digest: Wall Street Journal - Oct 22
22/10/2024 06:52
Oct 22 (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.
- Disney DIS.N said it would name Chief Executive Bob
Iger's replacement in early 2026 and replace its board chairman.
- Nike NKE.N extended its exclusive apparel partnership
with both the National Basketball Association and the Women's
National Basketball Association.
- Houston-based activist investor JCP Investment Management
is urging Cheesecake Factory CAKE.O to explore the possibility
of creating a separate public company by spinning off three of
its smaller brands.
- The youngest son of late Playboy founder Hugh Hefner,
Cooper Hefner, submitted an offer on Monday along with a group
of investors to buy the Playboy brand from Playboy Group
PLBY.O for $100 million.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))