Wall Street Journal - Nov 21
Nov 21 (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.
- The U.S. Justice Department on Wednesday said Alphabet's Google GOOGL.O should have to sell off its popular Chrome browser as part of a court-ordered fix to its monopolization of the online search market.
- U.S. prosecutors charged Gautam Adani, the billionaire chair of the Indian conglomerate Adani Group, with orchestrating a bribery scheme to pay off Indian government officials to secure lucrative solar-energy supply contracts.
- Allegiant Travel ALGT.O said its Allegiant Air subsidiary amended a delivery agreement with Boeing BA.N, giving the aircraft maker two additional years to deliver 50 737 MAX jets.
- News Corp NWSA.O said on Wednesday that investors rejected a proposal by activist investor Starboard Value to break the Murdoch family's influence on the publisher by ending a dual-class voting structure.
- Elon Musk's artificial intelligence startup, xAI, has told investors it raised $5 billion in a funding round, valuing it at $50 billion, which is more than twice what it was valued at several months ago.
- Beyond Inc BYON.N expressed concerns about specialty retailer Container Store Group's TCS.N ability to secure a suitable deal with its lenders, casting doubt on its $40 million investment in the retail chain.
(Compiled by Bengaluru newsroom)
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