Press Digest: Wall Street Journal - March 20

Gildan Activewear

20/03/2024 04:53

March 20 (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.
    
    - JetBlue Airways  JBLU.O  will eliminate a number of its
routes and markets, and reduce service in Los Angeles to improve
its financial performance, the company said.
    
    - Chipotle Mexican Grill  CMG.N  said its board had approved
a 50-for-1 stock split to make its shares more accessible to
employees and a broader range of investors.
        
  
        - U.S. Bank and Oppenheimer & Co have agreed to pay
fines to settle charges from the U.S. Commodity Futures Trading
Commision over use of unapproved communications channels, the
regulator said.
        
  
        - Gildan Activewear  GIL.TO  said the board has decided
to put the Canadian clothing maker up for sale and is in talks
with multiple bidders.
   
    - Altria Group  MO.N  reached accelerated agreements to buy
back $2.4 billion in common stock after selling part of its
stake in Anheuser-Busch InBev  ABI.BR . 
    
    - Apple  AAPL.O  has held discussions with Google  GOOGL.O 
and other AI software providers about using their technology to
power the iPhone maker's mobile features.
        
  

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