PRESS DIGEST -Wall Street Journal - May 10
May 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.
- Benson Hill Inc is going public by merging with Star Peak Corp II STPC.N, a special-purpose acquisition company, in a deal that values the plant-growing technology firm at $2 billion, the companies said. https://on.wsj.com/2R6woWm
- Pfizer Inc PFE.N vaccine partner BioNTech SE 22UAy.DE said it would set up a new Asia headquarters in Singapore to produce its COVID-19 vaccine and other medicines, as global demand for the lifesaving shots continues to grow. https://on.wsj.com/3vRr6wE
- U.S. private-equity giant Blackstone Group Inc's BX.N move to acquire Crown Resorts Ltd CWN.AX and expand its global gambling footprint has been complicated by a new bidder, Star Entertainment Group Ltd SGR.AX. https://on.wsj.com/3hktsjL
- The Biden administration plans to name Thea Lee, a former AFL-CIO trade official, to head the Labor Department's international affairs division, according to people familiar with the appointment. https://on.wsj.com/3beV2eg
(Compiled by Bengaluru newsroom)