Press Digest: Wall Street Journal - Jan 19
19/01/2024 06:04
Jan 19(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.
- The European Union's competition watchdog intends to block
Amazon's AMZN.O $1.7 billion bid to purchase Roomba maker
iRobot IRBT.O .
- Amazon.com AMZN.O logistics executive John Felton is
taking over as chief financial officer of the company's cloud
division, Amazon Web Services.
- Macy's M.N plans to lay off about 13% of its corporate
staff and close five stores in a bid to trim costs and redirect
spending to improve the shopping experience for customers.
- Mesa Air Group MESA.O has struck several agreements with
United Airlines meant to bolster Mesa's operating income and
liquidity.
- Wendy's WEN.O Chief Executive Todd Penegor is
departing and will be succeeded by PepsiCo executive Kirk Tanner
in the role.
- Spirit Airlines SAVE.N is examining options to
address its financial challenges after a federal judge blocked
the low-cost carrier's deal to be acquired by JetBlue Airways
JBLU.O .
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))