Press Digest: Wall Street Journal - August 7

Fiesta Restaurant

07/08/2023 06:44

Aug 7 (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.
    
    -  U.S. trucking firm Yellow Corp  YELL.O  filed for Chapter
11 bankruptcy protection on Sunday, burdened with a heavy debt
load after a series of mergers and following tense contract
negotiations with the Teamsters Union.
    
    - The parent company of Pollo Tropical restaurant chain,
Fiesta Restaurant Group  FRGI.O , is nearing a deal to be bought
by Authentic Restaurant Brands, part of New York-based Garnett
Station Partners for $225 million. 
    
    - Airlines in the U.S., Europe and Asia are temporarily
reducing some flights and routes to inspect aircraft affected by
the recall of hundreds of Pratt & Whitney jet engines, leaving
the unit of the aerospace and defense company RTX  RTX.N  
facing a potential multibillion-dollar bill.
    
    - The blockbuster film "Barbie" has topped $1 billion in box
office ticket sales worldwide since its July 21 debut, making
writer and director Greta Gerwig the first female filmmaker to
surpass the billion-dollar benchmark as a solo director.
    
    
        
  
        
  

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))