PRESS DIGEST - Wall Street Journal - Nov 13

Reuters

13 Nov 2024

PRESS DIGEST - Wall Street Journal - Nov 13

Nov 13 (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.

- Spirit Airlines SAVE.N is preparing to file for bankruptcy protection after merger talks with Frontier Airlines ULCC.O broke down.

- Volkswagen Group VOWG_p.DE raised its investment in electric vehicle startup Rivian RIVN.O by 16% to $5.8 billion, as the companies kick off their planned joint venture to develop EV architecture and software.

- Elanco Animal Health ELAN.N agreed to pay a $15 million civil fine to settle U.S. Securities and Exchange Commission anti-fraud charges for misleading investors about its revenue growth and end-user demand.

- U.S. President-elect Donald Trump nominated South Dakota Governor Kristi Noem to serve as the next homeland security secretary.

- U.S. President-elect Donald Trump told allies that he wants his former U.S. Trade Representative Robert Lighthizer as the administration's trade czar.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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Reuters has not verified these stories and does not vouch for their accuracy.- Spirit Airlines SAVE.N is preparing to file for bankruptcy protection after merger talks with Frontier Airlines ULCC.O broke down.- Volkswagen Group VOWG_p.DE raised its investment in electric vehicle startup Rivian RIVN.O by 16% to $5.8 billion, as the companies kick off their planned joint venture to develop EV architecture and software. -  Elanco Animal Health ELAN.N agreed to pay a $15 million civil fine to settle U.S. Securities and Exchange Commission anti-fraud charges for misleading investors about its revenue growth and end-user demand.-  U.S. President-elect Donald Trump nominated South Dakota Governor Kristi Noem to serve as the next homeland security secretary.     - U.S. President-elect Donald Trump told allies that he wants his former U.S. Trade Representative Robert Lighthizer as the administration's trade czar.  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