Press Digest: Wall Street Journal - March 15

Univar Solutions

15/03/2023 05:18

March 15 (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.
    
    - Apollo Global Management Inc  APO.N  has agreed to acquire
chemical company Univar Solutions Inc UNVR.N  for $8.1 billion
including debt, in one of the biggest recent leveraged buyouts. 
    
    - Novo Nordisk  NOVOb.CO  is set to cut the U.S. list prices
for several insulin drugs by up to 75%, the latest big drugmaker
to make steep price reductions amid pressure to curb
diabetes-treatment costs.
    
    - Facebook parent Meta Platforms Inc  META.O  said it would
cut roughly 10,000 jobs over the coming months in a second wave
of mass layoffs in an effort to be more efficient in a difficult
economy.
    
    - Ohio Attorney General Dave Yost sued Norfolk Southern Corp
 NSC.N , seeking to hold the company financially responsible for
a train derailment in East Palestine.
        
  
        - Volkswagen  VOWG_p.DE  is planning a spending spree of
close to $200 billion over the next five years to fix its
struggling business in China and to try to hoist the German car
maker out of its niche as an also-ran in the U.S.
        
  
        -  The U.S. Environmental Protection Agency on Tuesday
proposed the first federal limits on so-called forever chemicals
in public drinking water, a move that is expected to cost water
utilities billions of dollars to filter out substances that have
contaminated the water supplies of millions of people.
        
  
        
  

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