Press Digest: Wall Street Journal - June 7

Franchise

07/06/2022 05:36

June 7 (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.
    
    - Kohls Corp  KSS.N  said on Monday it has entered exclusive
talks with retail holding company Franchise Group Inc  FRG.O 
over a potential sale of the department store chain, valuing it
at nearly $8 billion. https://on.wsj.com/3xocTLj
    
    - Johnson & Johnson  JNJ.N  said on Monday it planned to
terminate its COVID-19 vaccine supply deal with contract
manufacturer Emergent BioSolutions Inc  EBS.N  as both companies
accused each other of breaching the agreement. https://on.wsj.com/3tiGEdZ
    
    - Peloton Interactive Inc  PTON.O  said on Monday Liz
Coddington will serve as its chief financial officer, effective
June 13 replacing its current CFO Jill Woodworth. https://on.wsj.com/3xvh4Uz
    
    - The U.S. Securities and Exchange Commission is preparing
to propose major changes to the stock market in an effort to
improve market efficiency. https://on.wsj.com/3xkQ62W
    
    

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