Press Digest: Wall Street Journal - June 3
PRESS DIGEST -Wall Street Journal - June 3 June 3 (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.
- Elon Musk's SpaceX SPCX.O plans to price its initial public offering at $135 per share, selling 555.6 million shares to raise $75 billion in the largest IPO ever.
- Canada had a positive meeting with the U.S. on the review of their free trade deal, the country's minister responsible for Canada-U.S. trade, Dominic LeBlanc, said.
- GitLab GTLB.O is cutting 350 full-time employees, about 14% of its total workforce, as part of a restructuring it floated last month.
- Seven U.S. states led by New York sued the Trump administration and a French energy firm for canceling a major offshore wind lease off the coast of New York in exchange for a pledge by the company to invest instead in fossil fuel projects.
- CBS News has terminated the contract of "60 Minutes" correspondent Scott Pelley, joining more than half a dozen departures in recent weeks.
- NewLimit, a longevity startup co-founded by Coinbase CEO Brian Armstrong, completed a fundraising that brings its valuation to $3.1 billion.
(Compiled by Bengaluru newsroom)