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The Latest Breaking News from Wall Street Journal

Peloton Stock Slides On Report John Foley To Step Down, Company Plans Major Job Cuts

The Wall Street Journal is reporting that CEO John Foley will step down from the company, potentially paving the way for a sale of the connected fitness equipment maker.

The Street

US Officials: Iran’s Nuclear Program Advanced Too Far to Re-create 'Breakout Period'

Iran's nuclear program had advanced too far to re-create the roughly 12-month so-called "breakout period" of the 2015 pact, US officials warned. US officials said Iran is capable of amassing enough nuclear fuel for a bomb in significantly less than a year, a shorter time frame than the one that…

Asharq Al-Awsat

News Corp says it was hacked; believed to be linked to China

The Wall Street Journal's publisher, News Corp, says it has been hacked and had data stolen from journalists and other employees

The Independent UK

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My Review of Judge Sutton's New Book in the Wall Street Journal

‘Who Decides?’ Review: The Supreme Court, the States and the Contest for Control

Reason

Rahul writes on free speech concerns to Twitter CEO

The Wall Street Journal reveals Rahul Gandhi’s concerns in a news report

The Hindu

Meta Launches Next-Gen AI Supercomputer: All You Need To Know

Meta Platforms Inc (NASDAQ:FB) touts its AI Research SuperCluster (RSC), among the fastest AI supercomputers running today and will be the fastest in the world once fully built out in mid-2022. Several hundred people, including researchers from partners NVIDIA Corp (NASDAQ:NVDA), Penguin Computing Inc, and Pure Storage Inc (NYSE:PSTG), were involved in the two-year project, the Wall Street…

Benzinga

SPACs Reportedly Lose 2020 Luster; Many Stock Prices Off Sharply

Shares of half the companies that finished SPAC deals in the past two years are down 40% or more, The Wall Street Journal reports.

The Street

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Chinese Investment in U.S. Plane Maker Draws FBI, National-Security Reviews

The FBI and a U.S. investment-screening panel are investigating a Chinese investment in an aircraft startup following allegations of improper technology transfer to China, according to people familiar with the matter and documents reviewed by The Wall Street Journal.

Bangkok Post

Newspaper says biggest fashion trend for men in 2022 will be dressing like a child

The biggest trend in men’s fashion this year will be dressing like a child, The Wall Street Journal has declared.

indy100

Activision Blizzard Removes 37 Employees, Takes Action Against 44 Others For Sexual Misconduct: Report

Activision Blizzard Inc (NASDAQ: ATVI) confirmed the exit of 37 employees and disciplinary action against 44 others since July in a bid to address allegations of sexual harassment and other misconduct, the Wall Street Journal reports.

Benzinga

Activision fired dozens over harassment allegations: WSJ

New York (AFP) - The video game giant Activision Blizzard has fired nearly 40 employees and disciplined about 40 others since July as it deals with allegations of sexual harassment and other misconduct, The Wall Street Journal said Monday.

AFP

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People

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