Press Digest: Wall Street Journal - Nov 20

Signature Bank

20/11/2023 06:04

Nov 20 (Reuters) - Following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
    
    -  Sam Altman's bid to return to OpenAI after being ousted
Friday faltered late Sunday, as the board that fired him opted
not to agree to proposed terms of his reinstatement.
 
    - CEO of General Motors'  GM.N  robot-taxi unit Cruise, Kyle
Vogt has resigned from the company, following a turbulent month
in which the company lost some of its permits in California and
paused operations.
     
    - A venture of two nonprofits and Related Fund Management is
poised to win an auction for billions of dollars of Signature
Bank  SBNY.PK  loans backed by New York apartments. 
     
    - Rosalynn Carter, who as first lady of the U.S. served as a
key adviser to her husband, and former U.S. President Jimmy
Carter, during his turbulent presidency, died at her home in
Plains, Georgia.
        
  
        - Kelly Bayer Rosmarin resigned as the chief executive
of Optus, the Australian subsidiary of Singapore
Telecommunications  STEL.SI , following a network outage in
which millions of customers including hospitals and government
departments lost services for several hours.
        
  
        -  Javier Milei, a libertarian political outsider who
pledged to flatten Argentina's political establishment, won the
presidency Sunday by an overwhelming margin in a major shift for
a country buffeted by one of the world's highest rates of
inflation and mounting poverty after years of populist rule.
        
  
        
  

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