Press Digest: Wall Street Journal - Sept 26

YoungPoong

26/09/2024 05:01

Sept 25 (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.
    
    - ChatGPT maker OpenAI plans to convert to a for-profit
company amid major personnel changes, including the resignation
of its chief technology officer, Mira Murati.
    
     - U.S. drugmaker Pfizer  PFE.N  said it is voluntarily
withdrawing its sickle-cell drug Oxbryta from all markets where
it's approved, saying the benefit of the drug no longer
outweighs the risk in the approved patient population. 
   
    - Hackers linked to the Chinese government have broken into
a handful of U.S. internet-service providers in recent months in
pursuit of sensitive information as a part of a campaign called
"Salt Typhoon" by the investigators.
        
  
        - U.S. Vice President Kamala Harris outlined plans for
tax incentives, including pledging $100 billion in tax credits
to boost U.S. manufacturing. 
    
    - Port terminal operator DP World is talking to Mexico's
government about allowing it to start operations in the country,
enabling the Dubai-based business to handle cargo heading into
the U.S. from the south.
    
    - Private equity firm MBK Partners and Young Poong
 000670.KS  raised the tender offer price for shares in top
non-ferrous metal smelter Korea Zinc  010130.KS  to 750,000 won 
($564.40) per share, a 14% premium to the original offer.

($1 = 1,328.8400 won)

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