PRESS DIGEST – Wall Street Journal – Nov 14


Nov 14 (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.

– Alphabet Inc’s Google will soon offer checking accounts to consumers, becoming the latest Silicon Valley heavyweight to push into finance. https://on.wsj.com/36ZYJRb

– Activist investor Carl Icahn is pushing for the proposed union of Xerox Holdings Corp and HP Inc, arguing that a combination of the printer makers could yield big profits for investors. https://on.wsj.com/2Oe2utA

– The maker of Smith & Wesson firearms said on Wednesday that it would split into two companies and reverse a multiyear diversification effort aimed at countering the sluggish domestic gun business. https://on.wsj.com/2CEf9Rs

– Abbott Laboratories said Chief Executive Miles D. White, who oversaw the transformation of the healthcare-products maker with a series of acquisitions and spinoffs in more than 20 years at the helm, will step down as CEO in March 2020. https://on.wsj.com/33JvQH6 (Compiled by Bengaluru newsroom)

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