Press Digest: Wall Street Journal - Oct 19

WH

19/10/2023 05:47

Oct 19 (Reuters) - Following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
    
    -  WH Group 0288.HK , the Chinese parent of pork giant
Smithfield Foods is working with banks to take the business
public again in the U.S.
    
    - Pfizer PFE.N  will price a course of its Covid-19 drug
Paxlovid at nearly $1,400 when commercial sales begin later this
year. 
    
    - Philadelphia Fed President Patrick Harker said he thinks
the central bank can likely wait until early next year to decide
if rapid rate increases over the past 20 months have done enough
to keep inflation heading lower.
    
    - Digital freight startup Convoy, a business founded by
former Amazon.com executives, has suspended operations and is
winding down its core business. 
        
  
        - Delta Air Lines  DAL.N  is making changes to its
frequent flier program after it faced sharp backlash to changes
it announced last month.
        
  
        - Costco Wholesale  COST.O  said longtime CEO Craig
Jelinek will step down, and Ron Vachris, the company's president
and COO, will take over in January. 
        
  
        
  

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