Press Digest: Wall Street Journal - April 12

VMware

12/04/2023 07:12

April 12 (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.
    
    - Accounting firm EY has called off a plan to break up its
audit and consulting units, slamming the brakes on a proposed
overhaul of its businesses that was meant to address regulatory
concerns over potential conflicts of interest.
    
    -  VMware Inc  VMW.N  CEO Rangarajan Raghuram said the
software maker's sale to Broadcom Inc  AVGO.O  is on track
despite regulatory reviews. 
    
    - Carrier Global Corp  CARR.N  is working on a plan to sell
or spin off its Fire & Security business segment, which accounts
for about 17% of the air-conditioning company's sales.
    
    - Mark Shafir, one of Citigroup Inc's  C.N  top dealmakers,
is retiring after a career spanning over three decades during
which he advised some of the world's largest corporations on
several landmark deals. 

        - A federal jury convicted three former executives of  
Outcome Health on several charges that they ran a billion-dollar
scheme that defrauded customers including major pharmaceutical
companies such as Novo Nordisk A/S  NOVOb.CO .
    
    - Manhattan District Attorney Alvin Bragg on Tuesday sued
Republican U.S. Representative Jim Jordan to stop what Bragg
called a "campaign of intimidation" against the criminal
prosecution of former President Donald Trump in New York.

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