PRESS DIGEST -Wall Street Journal - May 21

Wendy's Company
Intuit Inc.
Equity Residential
AvalonBay Communities, Inc.

Wendy's Company

WEN

0.00

Intuit Inc.

INTU

0.00

Equity Residential

EQR

0.00

AvalonBay Communities, Inc.

AVB

0.00

May 21 - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- Intuit INTU.O plans to lay off 17% of its workforce to invest savings into artificial intelligence and improve efficiency.

- Robert Wright will return to Wendy’s WEN.O as chief executive officer, effective Thursday, to reverse a slump in U.S. sales.

- Two major apartment owners, AvalonBay Communities AVB.N and Equity Residential EQR.N, are nearing a deal to combine.

- SpaceX said in an SEC filing it may launch a stock sale as early as next month, potentially raising $80 billion or more.

- James Murdoch’s Lupa Systems agreed to buy Vox Media’s New York magazine, Vox news site, and podcast division for about $300 million.


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