PRESS DIGEST -Wall Street Journal - December 5

Reuters

Dec 05, 2025

PRESS DIGEST -Wall Street Journal - December 5

Dec 5 (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.

- Warner Bros Discovery WBD.O has entered exclusive negotiations for a deal to sell its studios and HBO Max streaming business to Netflix NFLX.O.

- Meta META.O is planning cuts to the metaverse, an arena Chief Executive Mark Zuckerberg once called the future of the company.

- Apple AAPL.O announced plans for two top executives, Lisa Jackson and Kate Adams, to retire, adding to a wave of departures for top leaders at the iPhone-maker.

- Moore Threads, founded in 2020 by a former Nvidia executive, soared more than fourfold versus its initial public offering price on its first day of trading after raising over $1 billion.

- Activist investor Elliott Investment Management is close to striking a settlement agreement with beverage and snacks giant PepsiCo PEP.O, after taking a big stake in the company in September

- Billionaire investor Josh Harris's firm 26North Partners will acquire a 51% stake in Middleby's MIDD.O kitchen-products division, valued at $885 million.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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Reuters has not verified these stories and does not vouch for their accuracy.</p><p>- Warner Bros Discovery <span>WBD.O</span> has entered exclusive negotiations for a deal to sell its studios and HBO Max streaming business to Netflix <span>NFLX.O</span>.</p><p>- <a href=\"https://laohu8.com/S/META\">Meta</a> <span>META.O</span> is planning cuts to the metaverse, an arena Chief Executive Mark Zuckerberg once called the future of the company.</p><p>- Apple <span>AAPL.O</span> announced plans for two top executives, Lisa Jackson and Kate Adams, to retire, adding to a wave of departures for top leaders at the iPhone-maker.</p><p>- Moore Threads, founded in 2020 by a former <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> executive, soared more than fourfold versus its initial public offering price on its first day of trading after raising over $1 billion.</p><p>- Activist investor Elliott Investment Management is close to striking a settlement agreement with beverage and snacks giant PepsiCo <span>PEP.O</span>, after taking a big stake in the company in September</p><p>    - Billionaire investor Josh Harris's firm 26North Partners will acquire a 51% stake in Middleby's <span>MIDD.O</span> kitchen-products division, valued at $885 million.</p><p> (Compiled by Bengaluru newsroom)</p><p> ((globalnewsmonitoring@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1992135399.USD","symbol_name":"Allianz Global Intelligent Cities AT Acc USD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251205:nL4N3XB0EY:1","article_id":"2589793866","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2589793866","pubTimestamp":1764916091,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"PRESS DIGEST -Wall Street Journal - December 5Dec 5 (Reuters) - The following are the top stories in the Wall Street Journal. 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Reuters has not verified these stories and does not vouch for their accuracy.- Warner Bros Discovery WBD.O has entered exclusive negotiations for a deal to sell its studios and HBO Max streaming business to Netflix NFLX.O.- Meta META.O is planning cuts to the metaverse, an arena Chief Executive Mark Zuckerberg once called the future of the company.- Apple AAPL.O announced plans for two top executives, Lisa Jackson and Kate Adams, to retire, adding to a wave of departures for top leaders at the iPhone-maker.- Moore Threads, founded in 2020 by a former Nvidia executive, soared more than fourfold versus its initial public offering price on its first day of trading after raising over $1 billion.- Activist investor Elliott Investment Management is close to striking a settlement agreement with beverage and snacks giant PepsiCo PEP.O, after taking a big stake in the company in September    - Billionaire investor Josh Harris's firm 26North Partners will acquire a 51% stake in Middleby's MIDD.O kitchen-products division, valued at $885 million. 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