PRESS DIGEST-Wall Street Journal - March 20
March 20 (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.
- JetBlue Airways will eliminate a number of its routes and markets, and reduce service in Los Angeles to improve its financial performance, the company said.
- Chipotle Mexican Grill said its board had approved a 50-for-1 stock split to make its shares more accessible to employees and a broader range of investors.
- U.S. Bank and Oppenheimer & Co have agreed to pay fines to settle charges from the U.S. Commodity Futures Trading Commision over use of unapproved communications channels, the regulator said.
- Gildan Activewear said the board has decided to put the Canadian clothing maker up for sale and is in talks with multiple bidders.
- Altria Group reached accelerated agreements to buy back $2.4 billion in common stock after selling part of its stake in Anheuser-Busch InBev.
- Apple has held discussions with Google and other AI software providers about using their technology to power the iPhone maker's mobile features.
(Compiled by Bengaluru newsroom)
