Press Digest: Wall Street Journal - Dec 12

Eagle Bulk Shipping

12/12/2023 06:34

Dec 12 (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.
    
    - "Fortnite" maker Epic Games has prevailed in its
high-profile antitrust trial over Alphabet's Google  GOOGL.O ,
which alleged the Play app store operated as an illegal
monopoly, in a ruling that if it holds could upend the entire
app store economy.
    
    - Star Bulk Carriers  4FAP.F  and Eagle Bulk Shipping
 EGLE.N  said they agreed to merge in an all-stock deal that
would create the world’s fourth-biggest commodities carrier and
make it more attractive to large investors.
    
    - The U.S. special counsel prosecuting Donald Trump on
federal charges of trying to overturn his 2020 election defeat
asked the Supreme Court on Monday to launch a fast-track review
of the former president's claim he cannot be tried on those
charges.
    
    - Rudy Giuliani’s legal and financial woes could worsen this
week, with a District of Columbia jury considering whether the
former Trump lawyer should pay tens of millions of dollars for
falsely accusing two Georgia election workers of rigging the
November 2020 presidential election.

        - Hasbro  HAS.O  is cutting nearly 20% of its workforce
as weak sales for toys and games persist into the critical
holiday shopping period. 
        
  
        - Private-equity firm GPB Capital Holdings, facing civil
fraud allegations since early 2021, will be liquidated by a
court-appointed receiver, signaling the end of a long wait for
roughly 17,000 investors whose capital has been tied up since at
least 2018.
        
  
        
  

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