PRESS DIGEST- Wall Street Journal - Jan 4
Jan 4 (Reuters) - Following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
- An official for the U.S. labor-relations agency has accused SpaceX of violating a federal workplace law by firing employees who circulated a letter criticizing founder Elon Musk.
- Walt Disney won the support of a key shareholder in its fight with activist investor Nelson Peltz over the direction of the company and is confronting a third shareholder jockeying for influence.
- Cigna is in advanced talks with Health Care Service Corp to sell its Medicare business in a turnaround for the health insurance giant, which had been expanding its footprint in the fast-growing sector.
- Semiconductor giant Intel appointed Justin Hotard as executive vice president and general manager of its data center and AI group, effective Feb. 1.
- Xerox Holdings said it would reduce its workforce by 15% and shake up its leadership team as it reorganizes its operating model.
- Instrumentation maker Thermo Fisher Scientific said it no longer sells certain DNA-based human-identification products in Tibet, building on a similar halt of sales to China's Xinjiang region of technology that human-rights groups allege can be misused by local police forces.
(Compiled by Bengaluru newsroom)
