Press Digest: Wall Street Journal - Aug 21

Sculptor Capital Management

21/08/2023 07:01

Aug 21 (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.
    
    - Bernardo Arévalo, the son of a fabled former leader of
Guatemala, won a landslide presidential election victory. 
    
    - Boaz Weinstein and several other high-profile investors
including William Ackman and Marc Lasry have made a rival offer
for Sculptor Capital Management  SCU.N  a hedge-fund firm that
already agreed to sell itself to another investment firm.
    
    - Meta Platforms  META.O  plans to launch a web version of
microblogging app Threads early this week, the biggest new
feature to be introduced on its competitor to Elon Musk’s X
    
    - Southern California was hit with rain, wind and even a
series of earthquakes Sunday as Hilary, the first tropical storm
in nearly a century roared in, knocking out power, flooding
streets and prompting at least one water rescue. 
        
  
        - Old Dominion Freight Line  ODFL.O  stepped up
competition for bankrupt trucker Yellow's  YELLQ.PK  sprawling
North American real-estate holdings, outbidding a rival operator
with a $1.5 billion offer for the properties.

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