Press Digest: Wall Street Journal - Nov 8

Icahn Enterprises LP

08/11/2024 06:32

Nov 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.

    - Billionaire activist investor Carl Icahn-backed Icahn
Enterprises  IEP.O  plans to raise its stake in U.S. oil refiner
CVR Energy  CVI.N  by more than 20%.

    - News Corp  NWSA.O  named Lavanya Chandrashekar as its next
chief financial officer, succeeding Susan Panuccio, who plans to
step down from the role on Jan. 1.

    - Stellantis  STLAM.MI  said it is laying off about 1,100
employees at a Jeep Gladiator plant in Toledo, Ohio, as it works
to reduce inventory across its North American operations.

    - United States Cellular  USM.N  said it has agreed to sell
a portion of spectrum licenses used to transmit mobile phone
signals and high-speed data services to AT&T  T.N  in a $1.02
billion deal.

    - The chief information officer at the Consumer Financial
Protection Bureau has issued a directive to employees to reduce
the use of their phones for work matters because of China's
recent hack of U.S. telecommunications infrastructure.

    - U.S. President-elect Donald Trump announced that Susie
Wiles, one of his campaign managers, will be his White House
chief of staff.

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