PRESS DIGEST- Wall Street Journal - Feb 22
Feb 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.
- U.S. energy firm Chord Energy said on Wednesday it would acquire Canada's Enerplus, creating a Williston basin-focused entity with an enterprise value of $11 billion.
- Ed Clark, a vice president for Boeing's 737 program and general manager in charge of the factory that built the jet involved in last month’s door-plug blowout is leaving the company amid a broader leadership shake-up.
- Electric vehicle maker Rivian said on Wednesday it would cut 10% of its workforce amid an effort to cut costs, a move aimed at achieving profitability by the end of the year.
- The U.S. government under the Biden administration plans to invest billions in the domestic manufacturing of cargo cranes, seeking to counter fears of potential national-security risk amid the use of China-built cranes with advanced software at many U.S. ports.
(Compiled by Bengaluru newsroom)
