Wall Street Journal - Oct 1
Oct 1 (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.
- CVS Health CVS.N is conducting a strategic review of options for the company, including a possible breakup of the industry giant.
- Members of the International Longshoremen's Association walked off their jobs at dozens of ports from Maine to Texas at midnight, launching a strike at cargo terminals that handle more than half of American import and export volumes as the contract with port employers expired.
- TD Securities will pay more than $28 million to resolve three separate cases of spoofing, a type of fraudulent trading that involves flooding the market with fake orders in an effort to push a stock price up or down.
- PepsiCo PEP.O is in advanced talks to acquire tortilla-chip maker Siete Foods for more than $1 billion.
- Rescuers raced to reach isolated communities cut off by devastating floods in the wake of Hurricane Helene, as the death toll surpassed 100 across six states in the Southeastern U.S.
- The Biden administration is moving military forces to deter an Iranian response following Israel's stepped-up air campaign against Hezbollah and the start of a ground operation in southern Lebanon.
(Compiled by Bengaluru newsroom)
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