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PRESS DIGEST – Wall Street Journal – Sept 11

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Sept 11 (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.

– Citigroup Inc on Thursday said Jane Fraser will succeed Michael Corbat as chief executive when he retires in February, making her the first woman to lead Citigroup or any other major Wall Street bank. https://on.wsj.com/3mcQqsQ

– Russian government hackers have targeted at least 200 organizations tied to the 2020 U.S. election in recent weeks, including national and state political parties and political consultants working for both Republicans and Democrats, according to Microsoft Corp. https://on.wsj.com/3k9P1kS

– Mining company Rio Tinto PLC said its chief executive Jean-Sébastien Jacques would step down as it battles to contain the fallout from the destruction of two ancient rock shelters in Australia’s minerals-rich Pilbara region that were culturally significant to a local indigenous group. https://on.wsj.com/2ZpC2DQ

– Century 21 Department Stores LLC filed for bankruptcy, the latest retailer to fall victim to disruptions caused by the coronavirus pandemic. https://on.wsj.com/2ReSPFh

(Compiled by Bengaluru newsroom)

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