PRESS DIGEST- Wall Street Journal - Nov 8

Reuters11-08

Nov 8 (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.

- Billionaire activist investor Carl Icahn-backed Icahn Enterprises plans to raise its stake in U.S. oil refiner CVR Energy by more than 20%.

- News Corp named Lavanya Chandrashekar as its next chief financial officer, succeeding Susan Panuccio, who plans to step down from the role on Jan. 1.

- Stellantis said it is laying off about 1,100 employees at a Jeep Gladiator plant in Toledo, Ohio, as it works to reduce inventory across its North American operations.

- United States Cellular said it has agreed to sell a portion of spectrum licenses used to transmit mobile phone signals and high-speed data services to AT&T in a $1.02 billion deal.

- The chief information officer at the Consumer Financial Protection Bureau has issued a directive to employees to reduce the use of their phones for work matters because of China's recent hack of U.S. telecommunications infrastructure.

- U.S. President-elect Donald Trump announced that Susie Wiles, one of his campaign managers, will be his White House chief of staff.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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