Press Digest: Wall Street Journal - June 28

Equitrans Midstream

28/07/2023 08:10

July 28 (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.
    
    - Trucking company Yellow  YELL.O  said it is in talks with
multiple parties about selling Yellow Logistics as the
financially ailing operator seeks to raise cash.
    
    - BNP Paribas  BNPP.PA  said the U.S. Securities and
Exchange Commission and the Commodity Futures Trading Commission
are investigating it over its employees’ use of messaging
applications that broke record-keeping rules. 
    
    - Sequoia Capital pared back the size of two major venture
funds, including its cryptocurrency fund, as part of a dramatic
downsizing the storied venture firm is undertaking amid a broad
startup downturn.
    
    - Surf Air Mobility  SRFM.N , a venture-capital-backed
aviation and air travel company, listed shares on the New York
Stock Exchange via a direct listing.
        
  
        - Microsoft  MSFT.O  is attracting renewed scrutiny and
accusations of negligent security over a hack that allowed China
to spy on top Biden administration officials, as some security
researchers say the breach may be worse than initially
suspected.
    
    - The U.S. Supreme Court said that work can resume on the
long-stalled Mountain Valley Pipeline, temporarily blocking a
lower-court decision and potentially moving the project closer
to completion as a legal fight continues.

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