Press Digest: Wall Street Journal - June 28

IHS Holding

28/06/2023 06:12

June 28 (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.
    
    - Credit-investing giant Oaktree Capital Management is
naming Robert O'Leary and Armen Panossian co-chief executive
officer, according to people familiar with the matter.
    
    - Blackwells Capital, a long-term shareholder of IHS
 4JB.F , says the board changes are necessary to reverse the
IHS' growing losses and its weak stock price, according to a
copy of a letter reviewed by The Wall Street Journal that will
be sent to the company's directors on Wednesday.
    
    - The Biden administration is considering new restrictions
on exports of artificial intelligence chips to China, as
concerns rise over the power of the technology in the hands of
U.S. rivals, according to people familiar with the situation.
    
    - Google  GOOGL.O  violated its promised standards when
placing video ads on other websites, according to a new research
that raises questions about the transparency of the tech giant's
online-ad business.
        
  
        - Ford Motor  F.N  plans to lay off at least 1,000
salaried employees and contract workers in North America, people
familiar with the matter said, the automaker's latest effort to
defray the heavy cost of investing in electric cars.
        
  
        - United Airlines'  UAL.O  chief executive blasted the
Federal Aviation Administration after severe storms led to
thousands of canceled flights in recent days, saying the
agency's air-traffic-control problems exacerbated the
disruption.
        
  
        
  

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