Wall Street Journal - Aug 13
Aug 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.
- Three biggest ratings firms, S&P Global Ratings, Moody's Investors Service and Fitch Ratings, have downgraded the credit ratings of JetBlue Airways JBLU.O, pointing to a weakening outlook for airlines.
- Universal Music Group artists will see their songs made available on WhatsApp for the first time, after the record label struck a new licensing deal with Meta Platforms META.O.
- Bank of Nova Scotia BNS.TO has agreed to invest $2.8 billion in KeyCorp KEY.N, positioning itself for new commercial opportunities and strengthening its foothold in the U.S. market.
- Popeyes named Bart LaCount as its chief marketing officer for the U.S. and Canada as the chicken chain tightens up back-end operations. LaCount joins after 18 years at PepsiCo PEP.O, where he was most recently vice president of international marketing overseeing the company's hydration and energy drinks brands.
- Private-equity firm Francisco Partners has agreed to sell healthcare workforce management software provider QGenda to media company Hearst in a deal valued at between $2 billion and $3 billion.
- EU industry chief Thierry Breton issued an unprecedented warning to Elon Musk that his Monday's interview of former President Donald Trump on the X social-media platform must comply with EU law.
(Compiled by Bengaluru newsroom)
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