Press Digest: Wall Street Journal - Oct 31

CreateAl Holdings

31/10/2022 06:52

Oct 31 (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.
    - Self-driving truck startup TuSimple Holdings Inc  TSP.O 
is being investigated by the FBI, U.S. Securities and Exchange
Commission (SEC) and Committee on Foreign Investment about its
relationship with China-backed Hydron Inc.
    - The United Nations, Turkey, and Ukraine are pressing ahead
to implement a Black Sea grain deal with a transit plan in place
for 16 ships on Monday, despite Russia suspending its
participation in the pact that has allowed the export of
Ukrainian agricultural products to world markets.
    - Twitter Inc drafted plans for broad layoffs as part of a
whirlwind several days in which new boss Elon Musk let go top
executives, saying it was for cause, sought to reassure users
and advertisers about content moderation and continued to
embrace jokes and controversies on the site.
    - U.S. industrial firm Emerson Electric Co  EMR.N  is
selling a majority stake in its climate-technologies unit to
Blackstone Inc BX.N  , in a deal that would value the unit at
$14 billion including debt.
        - Stellantis NV STLA.MI  said that shareholders of its
loss-making joint venture producing Jeep vehicles in China have
approved it to file for bankruptcy.
 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))