Press Digest: Wall Street Journal - Feb 6

Life Storage

06/02/2023 06:55

Feb 6 (Reuters) - Following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
    - Newmont Corp  NEM.N  has made a roughly $17 billion offer
to acquire Australia's Newcrest Mining Ltd  NCM.AX  aiming to
seal one of the biggest deals for a global gold miner as the
industry struggles to make large new discoveries of the precious
metal.
    - Public Storage  PSA.N  has made an $11 billion unsolicited
offer for Life Storage Inc  LSI.N , ramping up an effort to buy
its smaller rival after an earlier bid was rejected.
    - China's vice foreign minister lodged strong criticism of
the U.S. decision to shoot down a suspected surveillance balloon
over the weekend, calling it an indiscriminate use of force that
would further damage U.S.-China relations.
    - Carlyle Group Inc  CG.O  plans to name investment-banking
veteran Harvey Schwartz its new chief executive, according to
people familiar with the matter, as the private-equity firm's
founders seek a fresh start after a botched succession plan.
        - Southwest Airlines Co  LUV.N  and FedEx Corp  FDX.N 
planes came within a thousand feet of each other Saturday
morning near a runway at the Austin, Texas, airport, a close
call that air-safety officials are investigating.
    - A judge has made public his decision that allowed Meta
Platforms Inc  META.O  to acquire a virtual-reality startup,
providing new details on why he ruled against the Federal Trade
Commission in its high-profile antitrust case against the
Facebook parent company.
 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))