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PRESS DIGEST - Wall Street Journal - July 13
2020-07-13 15:12
July 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.
- Hi-Crush Inc , a supplier of sand used in fracking, is the latest company in the oil and gas sector to be pushed into bankruptcy by low crude prices and the disruption from the coronavirus pandemic that has roiled the energy industry.
- Semiconductor maker Analog Devices Inc is in talks to buy rival Maxim Integrated Products Inc for roughly $20 billion in what would be one of the largest merger deals of the year, according to people familiar with the matter.
- MultiPlan Inc is merging with Churchill Capital Corp III in an $11 billion deal that will take the health-care-services provider public.
- The Trump administration plans to retain a national limit of 70 parts per billion for the pollutant ozone, the standard set by the Obama administration five years ago after business groups fought tougher standards.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com)
