Press Digest: Wall Street Journal - Jan 5

Humanigen

05/01/2024 06:21

Jan 5 (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.
    
    - French supermarket chain Carrefour  CARR.PA  said it would
drop several PepsiCo  PEP.O  products to protest what it called
unacceptable price increases.
    
    - SpaceX sued the U.S. government's labor board a day after
an official at the agency accused the company of violating a
federal workplace law by firing employees who circulated a
letter critical of CEO Elon Musk.
    
    - Drug developer Humanigen has filed for bankruptcy,
attributing its financial problems largely to the U.S. Food and
Drug Administration's (FDA) rejection of its COVID-19 drug in
2021.
    
    - New York City filed a lawsuit against 17 transportation
companies that brought migrants to the city from Texas, seeking
to recoup the roughly $700 million the city said it has spent on
those migrants' care.
    
    - Exxon Mobil XOM.N  is expecting up to $2.6 billion in
impairments in the fourth quarter for its upstream business,
mostly related to idled assets in California. 


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