Press Digest: Wall Street Journal - April 17

SK Networks Co

17/04/2024 07:18

April 17 (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.
    
    - Tesla  TSLA.O  has delayed deliveries of its cybertruck in
recent days, according to buyers, the latest stumble for the
automaker facing weakening demand for its electric vehicles.  
        
    - Crocs  CROX.O  appoints Stanley brand executive Terence
Reilly where he will lead Crocs's casual shoe brand Heydude as
president.
        
  
        - PricewaterhouseCoopers has selected Wes Bricker and
Damir Maras as the new bosses of its global audit and advisory
businesses as it prepares for Mohamed Kande to take the helm as
global chair in July.
        
  
        - Parlement Technologies, former parent of Parler, the
social network popular among conservatives when former President
Donald Trump was kicked off major social-media platforms around
the time of the 2021 U.S. Capitol attack, has filed for
bankruptcy. 

    - SK Networks  001740.KS  plans to sell its car rental
business to Affinity Equity Partners, an Asian private-equity
firm, a move that would help the South Korean company pare its
debt and focus on growing its artificial-intelligence business.

    - One America News Network reached a confidential settlement
to resolve a defamation lawsuit by voting-machine company
Smartmatic over the conservative outlet's broadcasting of false
election-theft claims in the aftermath of the 2020 presidential
contest.

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