PRESS DIGEST -Wall Street Journal - October 22

Reuters
10/22
PRESS DIGEST -Wall Street Journal - October 22

Oct 22 (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.

- Cable and broadband giant Charter Communications CHTR.O is laying off 1,200 employees, or just over 1% of its 95,000-person workforce

- BlackRock BLK.N was among the biggest investors in the $27 billion private-debt deal backing construction of Meta's META.O data center in Louisiana.

- DraftKings DKNG.O acquired Railbird Technologies, which owns a licensed exchange for trading contracts.

- The Trump administration is planning to release more than $3 billion in aid to U.S. farmers that had been frozen as a result of the government shutdown, as the agriculture sector grapples with the fallout from President Trump’s tariffs.

- The Trump administration is pushing officials in Argentina to limit China’s influence over the distressed South American nation at the same time the U.S. and Wall Street banks are working on a $40 billion lifeline for Buenos Aires.

- Mercedes-Benz MBGn.DE secured a short-term supply of chips but warned that the entire automotive industry is affected by events surrounding Dutch semiconductor manufacturer Nexperia.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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