PRESS DIGEST -Wall Street Journal - March 13

Reuters
Yesterday
PRESS DIGEST -Wall Street Journal - March 13

March 13 (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.

- TikTok's Chinese parent, ByteDance, is assembling computing power with high-end Nvidia chips outside China.

- Qantas Airways QAN.AX agreed to pay more than US$74 million to settle a class action over its decision not to offer immediate cash refunds for flights it canceled during the Covid-19 pandemic.

- Stryker SYK.N said a cyberattack related to the Iranian conflict is still disrupting its operations, including order processing, manufacturing and shipping.

- The nonprofit behind the "Sesame Street" television show has sued SeaWorld's parent company, alleging the aquatic park operator hasn't been paying royalties and shortened operations of a Sesame-themed park with limited notice.

- Lululemon Athletica LULU.O founder Chip Wilson has cautioned prospective chief-executive candidates that the company's challenges stem from its board rather than its leadership vacancy.

- A Qatari-backed investment fund has submitted a bid to take pizza chain Papa John's International PZZA.O private.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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