Press Digest: Wall Street Journal - Sept 4

Moodys

04/09/2024 05:34

Sept 4 (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.

    - Japanese software developer Fuji Soft  9749.T  said it has
received a counteroffer proposal from Bain Capital and would
consider it if the U.S. private-equity firm submits a binding
offer.

    - A strike by more than 15,000 AT&T  T.N  workers in the
Southeast is stretching into a third week after a federal
mediation process to end the standoff broke down.

    - Molson Coors  TAP.N , the maker of Coors Light and Miller
beers, is the latest company to pull some of its diversity
policies and initiatives.

    - Six credit-rating providers, including Moody's Investors
Service  MCO.N  and S&P Global Ratings  SPGI.N , agreed to pay a
total of $49 million in civil penalties in the latest settlement
with the U.S. Securities and Exchange Commission over the use of
so-called off-channel communications.

    - Linda Sun, a former aide to New York Gov. Kathy Hochul,
helped a Chinese official eavesdrop on a conference call and
forged the governor's signature as part of a lucrative scheme to
advance Beijing's interests, according to a federal indictment
unsealed on Tuesday.

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