Wall Street Journal - July 10
July 10 (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.
- United Parcel Service UPS.N said it tapped Brian Dykes, a company veteran, as its finance chief.
- The Federal Trade Commission's two-year investigation found a number of actions that it said large pharmacy-benefit managers use to boost their profits and increase the spending of the health plans and employers that hired them to control costs.
- Chipotle Mexican Grill CMG.N said on Tuesday that longtime chief financial officer Jack Hartung is retiring in March, with company veteran Adam Rymer set to succeed him.
- Elon Musk's artificial intelligence startup xAI has ended talks to expand an existing arrangement with tech giant Oracle ORCL.N to rent Nvidia NVDA.O chips as his AI company builds a data center in Memphis, Tenn.
- Goldman Sachs GS.N has struck a deal to acquire a majority stake in TAIT, the entertainment company that engineered the staging for Taylor Swift's blockbuster "Eras Tour".
- U.S.-based nonalcoholic beer brand Athletic Brewing has closed a new financing round that values it at around $800 million, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
(Compiled by Bengaluru newsroom)
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