Press Digest: Wall Street Journal - Oct 30
30/10/2024 06:05
Oct 30 (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 xAI is in talks with investors for a funding
round that would value it around $40 billion, according to
people familiar with the matter.
- Visa Inc V.N is planning to lay off around 1,400
employees and contractors by the end of the year, according to
people familiar with the matter, as part of a plan to streamline
its international business.
- Medical device maker Masimo Corp MASI.O said Joe Kiani,
who previously informed the board of his decision to resign as
chief executive, has been terminated by the company.
- Meme-stock icon Keith Gill, also known as "Roaring Kitty,"
reported in a securities filing that he no longer owns a stake
in the online pet-products retailer Chewy Inc CHWY.N .
- Billionaire investor John Paulson says he would work
with Tesla Inc TSLA.O CEO Elon Musk to enact massive federal
spending cuts if Paulson were to become Treasury secretary in a
second Trump administration.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))