PRESS DIGEST -Wall Street Journal - May 28
lululemon athletica inc. LULU | 0.00 | |
Alphabet Inc. Class A GOOGL | 0.00 | |
Pershing Square Inc. PS | 0.00 | |
Synopsys, Inc. SNPS | 0.00 | |
Unusual Machines UMAC | 0.00 |
May 28 - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
- The Trump administration is in talks to provide funding to some drone companies, including Unusual Machines UMAC.A and Sequoia Capital-backed Neros.
- Nuclear power developer Newcleo said that it plans to go public through a merger with a blank-check company in a deal valuing it at about $2.4 billion.
- Athletic-apparel company Lululemon Athletica LULU.O reached a deal with founder Chip Wilson, who will name two board directors and agree to an 18-month standstill.
- Chip-design software company Synopsys SNPS.O will add Jesse Cohn, a managing partner at Elliott Investment Management, to its board of directors on June 1.
- Bollore Group BOLL.PA called on Universal Music Group UMG.AS to reject a $65 billion bid from Bill Ackman’s Pershing Square Capital PS.N.
- A Google GOOGL.O software engineer was charged with fraud and money laundering for allegedly earning $1.2 million by illegally trading on Polymarket using nonpublic search data.