Press Digest: Wall Street Journal - May 25

Oatly AB

25/05/2022 07:50

May 25 (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.
    
    - An 18-year old man opened fire in an elementary school on
Tuesday, killing at least 19 students and two adults, including
a teacher, before he was killed by law enforcement, according to
the Texas Department of Public Safety. https://on.wsj.com/39Pk2eb
    
    - Oatly Group AB  OTLY.O  is lining up a successor to Toni
Petersson, the chief executive who helped turn its oat milk into
a global phenomenon and took the company public last year,
according to people familiar with the matter. https://on.wsj.com/3LKulxs
 
    
    - Auto maker Stellantis NV  STLA.MI  and Samsung SDI
 006400.KS  said Tuesday that they would build a new battery
plant in Indiana to support the Jeep and Ram manufacturer's
electric-vehicle production plans. https://on.wsj.com/3PEwP3v
    
    - Lyft Inc  LYFT.O  will slow hiring, reduce the budgets of
some of its departments and grant new stock options to some
employees to make up for its eroding share price, joining rival
Uber Technologies Inc  UBER.N  in outlining cuts as investor
optimism cools on tech stocks. https://on.wsj.com/3yXpxSw  
    

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