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PRESS DIGEST- Wall Street Journal - Nov. 12

2020-11-12 13:43

Nov 12 (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.

- The New Yorker has fired high-profile staff writer Jeffrey Toobin weeks after he exposed himself on a video call with colleagues, the magazine said Wednesday.

- A blank-check company backed by real-estate investor Barry Sternlicht, Jaws Acquisition Corp , is in talks to merge with Cano Health LLC in a $4.4 billion deal that would take the health-care provider for seniors public, according to people familiar with the matter.

- Facebook Inc and Alphabet Inc's Google plan to continue banning political ads on their platforms for the next several weeks to prevent confusion about election results, according to people familiar with the matter and an email reviewed by The Wall Street Journal.

- Eastman Kodak Co said five former executives were able to collect millions of dollars by selling stock options they didn't own, an admission that is set to add to the scrutiny the company faces over the circumstances surrounding a halted U.S. loan.



(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com)

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