Wall Street Journal - July 26
July 26 (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.
- Indonesia's Yupi Indo Jelly Gum has attracted interest from investment giants TPG TPG.O, KKR KKR.N, and Blackstone BX.N for a potential $500 million acquisition.
- Publicis Groupe is acquiring Influential, a marketing company that brokers contracts between advertisers and online influencers, for around $500 million.
- RTX RTX.N, the company formerly known as Raytheon Technologies, has set aside $1.24 billion to resolve a series of government investigations into its business practices.
- Maersk Line has agreed to a settlement with the U.S. Labor Department after the shipping company allegedly fired a seaman on a containership for reporting potential safety concerns such as broken gear and crew members possibly drinking alcohol onboard.
- OpenAI is launching a test version of its long-awaited search engine, which it says will cite sources of information including news from business partners.
- Southwest Airlines LUV.N will soon assign seats on flights and sell some with extra legroom, making sweeping changes in a bid to broaden its appeal to passengers and boost revenue.
(Compiled by Bengaluru newsroom)
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