PRESS DIGEST - Wall Street Journal - Nov 19

Reuters
2024-11-19

Nov 19 (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.

- Australia's Sayona Mining agreed to buy North Carolina-based Piedmont Lithium to create a top North American lithium producer that can better withstand swings in the fast-growing lithium market.

- Buyout firm Blackstone is nearing a deal for Jersey Mike's Subs that would value the U.S. sandwich chain at around $8 billion, including debt.

- AI server maker Super Micro Computer named BDO USA as its auditor and said it has submitted a plan to the Nasdaq seeking additional time to regain compliance with the listing rules.

- Spirit Airlines has filed for bankruptcy protection, after struggling with years of losses, failed merger attempts and heavy debt levels.

- BIT Mining will pay a $10 million penalty to the U.S. Justice Department connected to allegations the cryptocurrency-mining company engaged in a widespread bribery scheme.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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