PRESS DIGEST -Wall Street Journal - July 14
First Hawaiian, Inc. FHB | 0.00 | |
Paramount Skydance PSKY | 0.00 | |
SpaceX SPCX | 0.00 | |
Blackstone Inc. BX | 0.00 | |
Warner Bros Discovery WBD | 0.00 |
July 14 (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.
- Elon Musk's SpaceX SPCX.O plans to launch the newest version of its Starship rocket later in the week, following the close of an investigation by the Federal Aviation Administration into issues from an earlier test flight.
- First Hawaiian FHB.O agreed to buy California-based lender TriCo Bancshares TCBK.O in an all-stock deal valued at $2.01 billion.
- A coalition of 12 states led by California is suing to block Paramount's PSKY.O $110 billion acquisition of Warner Bros. Discovery WBD.O, alleging the deal would create a media behemoth with the power to raise prices in film and television.
- U.S. pipeline operator Williams WMB.N received a $5.34 billion investment from a group, led by Blackstone BX.N to fund five projects.
- Brown-Forman BFb.N CEO, Lawson Whiting plans to step down as the Jack Daniel's maker seeks to overcome a slump in alcohol sales and unfruitful deal talks.
- A federal appeals court in Manhattan has revived more than 500 lawsuits that allege that Tylenol can cause attention-deficit hyperactivity disorder or autism if taken during pregnancy.
