Press Digest: Wall Street Journal - Dec 8

Foxconn Technology

08/12/2023 05:35

Dec 8 (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.
    
    - Apple  AAPL.O  and its suppliers, led by Taiwan-based
Foxconn  2354.TW , aim to build more than 50 million iPhones in
India annually within the next two to three years, with
additional tens of millions of units planned after that.
    
    - FedEx  FDX.N  issued a security alert to thousands of its
package-delivery contractors, reminding them to give priority to
the safety of their drivers and to enhance the security of their
vehicles. 
    
    - Yellow  YELLQ.PK  rejected an offer to revive the bankrupt
trucker and rehire thousands of its former workers and said it
is moving ahead with the sale of about 130 truck terminals. 
    
    - Clothing retailer Levi Strauss  LEVI.N  named Michelle
Gass as its next president and chief executive and will succeed
Chip Bergh, who is slated to retire on April 26.
        
  
        - Spotify Technology  SPOT.N  Finance Chief Paul Vogel
will leave the company March 31, with the company launching an
external search for his replacement.
        
  
        - Crown Castle  CCI.N  said it named board member
Anthony Melone as interim chief executive officer, succeeding
Jay Brown, who told the board he would retire as president, CEO
and director of the company.
        
  
        
  

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