PRESS DIGEST -Wall Street Journal - March 6

Reuters13:47
PRESS DIGEST -Wall Street Journal - March 6

March 6 (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.

- Nike NKE.N expects to record a charge of $300 million related to cost-cutting efforts, including job eliminations.

- Delta Air Lines DAL.N is reshuffling its top leadership team following the retirement of its president and the upcoming departure of its operations chief.

- Netflix NFLX.O has acquired InterPositive, an artificial-intelligence filmmaking technology company founded by Ben Affleck. InterPositive’s entire team will join Netflix, with Affleck staying on as a senior adviser.

- The Defense Department officially designated Anthropic a supply-chain risk, cutting it off from partners working with the Pentagon.

- British digital bank Revolut said it filed an application for a national bank charter in the U.S., joining a wave of fintech firms seeking to expand in the country under the Trump administration.

- Canadian lawmakers say OpenAI Chief Executive Sam Altman pledged in conversations to strengthen protocols on notifying police over potentially harmful interactions with the company’s ChatGPT chatbot, and to issue an apology to the town reeling from a deadly school shooting.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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