Press Digest: Wall Street Journal - November 3

CVR Energy

Today 05:39

Nov 3 (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.
     
- Artificial-intelligence chip maker Marvell MRVL.O agreed to buy data-center-optics maker Lumentum LITE.O in an all-stock deal worth roughly $80 billion.
     
- CVR Energy CVI.N, the oil refiner controlled by investor Carl Icahn, is near a more than $4 billion deal to buy refineries from Marathon Petroleum MPC.N , according to people familiar with the matter. 
     
- Oracle ORCL.N  plans to raise $20 billion through bond and share sales, regulatory filings showed on Monday, as the software giant taps investors to fund its costly AI and cloud infrastructure build-out.
     
-  Blackstone BX.N and a group of Canadian pension funds will invest $3.1 billion to acquire a 49.9% interest in Japanese trading house Mitsubishi Corp 's 8058.T holding company that owns its stake in the LNG Canada project, the companies said.
     
- The US attacked Iran’s Qeshm Island on Monday, US officials said, in the latest of a series of limited strikes Washington has secretly carried out against the country in recent weeks as President Donald Trump touted the possibility of a diplomatic deal.
 
     
- The National Transportation Safety Board said a Learjet 60 that crashed on Sunday in a residential area in Palm Beach County, Florida, ‌killing all nine people on board, may have broken up before hitting the ground at high speed.
 


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