PRESS DIGEST -Wall Street Journal - May 10

Reuters
2021-05-10

May 10 (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.

- Benson Hill Inc is going public by merging with Star Peak Corp II , a special-purpose acquisition company, in a deal that values the plant-growing technology firm at $2 billion, the companies said.

- Pfizer Inc vaccine partner BioNTech SE said it would set up a new Asia headquarters in Singapore to produce its COVID-19 vaccine and other medicines, as global demand for the lifesaving shots continues to grow.

- U.S. private-equity giant Blackstone Group Inc's move to acquire Crown Resorts Ltd and expand its global gambling footprint has been complicated by a new bidder, Star Entertainment Group Ltd .

- The Biden administration plans to name Thea Lee, a former AFL-CIO trade official, to head the Labor Department's international affairs division, according to people familiar with the appointment.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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