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PRESS DIGEST - Wall Street Journal - March 26
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PRESS DIGEST - Wall Street Journal - March 26

- The following are the top stories in the Wall Street Journal. Reuters has verified these stories and does vouch for their accuracy.


- Fisker FSR.N said its for some kind of tie-up with a large automaker have broken down, heightening concerns about the electric-vehicle startup's financial situation.


- Boeing BA.N CEO Dave Calhoun will step down by year-end in a broad management shakeup brought on by the planemaker's sprawling safety crisis exacerbated by a January mid-air panel blowout on a 737 MAX plane.


- Adam Neumann, the former chief executive and co-founder of WeWork WEWKQ.PK, recently submitted an offer to buy the bankrupt co-working company for more than $500 million.


- Check-Cap CHEK.O said it has agreed to be acquired by Nobul AI, which operates a digital marketplace for real-estate agents and buyers.


- The chairman of China's Contemporary Amperex Technology said the company is in talks with Tesla TSLA.O and other automakers to license its battery technology in the U.S., instead of building its own battery plant there.


- Florida Governor Ron DeSantis signed legislation that prohibits people under 14 years of age from having social-media accounts, regardless of parental consent, one of the most restrictive laws aimed at curbing social-media access for minors.


(Compiled by Bengaluru )

((globalnewsmonitoring@thomsonreuters.com))

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