PRESS DIGEST - Wall Street Journal - Oct 22

Reuters

Oct 22, 2024

Oct 22 (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.

- Disney said it would name Chief Executive Bob Iger's replacement in early 2026 and replace its board chairman.

- Nike extended its exclusive apparel partnership with both the National Basketball Association and the Women's National Basketball Association.

- Houston-based activist investor JCP Investment Management is urging Cheesecake Factory to explore the possibility of creating a separate public company by spinning off three of its smaller brands.

- The youngest son of late Playboy founder Hugh Hefner, Cooper Hefner, submitted an offer on Monday along with a group of investors to buy the Playboy brand from Playboy Group

for $100 million.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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