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Press Digest: Wall Street Journal - April 28

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- FedEx FDX.N said it will return its MD-11 cargo jets to service next month, allowing the delivery giant to pare back costly leased aircraft it brought in after regulators grounded the fleet following a fatal crash involving another carrier in November.

- Activist investor Starboard Value has taken a major stake in AI software maker DynatraceDT.N and is advocating for strategic changes to help boost its share price.

- Meta Platforms META.O is preparing to have to unwind its acquisition of the artificial-intelligence startup Manus after China banned the transaction on national-security grounds.

- OpenAI has fallen short of its goals for new users and revenue in recent months, sparking concern among some company leaders over whether it can support its extensive data-center spending.

- Accounting firm Forvis Mazars has cut about 3% of its U.S. workforce as part of a restructuring to offset lower-than-expected voluntary attrition.

- Second-hand fashion platform Vinted completed a secondary share sale of 880 million euros ($1.03 billion) that values the company at 8 billion euros.

($1 = 0.8538 euros)

 (Compiled by Bengaluru newsroom; Edited by Ronojoy Mazumdar)

 ((globalnewsmonitoring@thomsonreuters.com))

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