PRESS DIGEST -Wall Street Journal - December 18
Dec 18 (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.
- Activist Elliott Investment Management has built a stake of over $1 billion in Lululemon Athletica LULU.O and is bringing a potential CEO candidate to the struggling athletic apparel retailer it wants to help turn around.
- BP BP.L said Chief Executive Murray Auchincloss is stepping down after less than two years at the helm of the oil major and named outsider Meg O'Neill, who is resigning from her role leading Woodside Energy WDS.AX, as his successor.
- DoorDash DASH.O is partnering with OpenAI to offer a grocery-shopping app within the startup's ChatGPT platform.
- Coinbase Global COIN.O partnered with prediction-markets specialist Kalshi to offer trading on sports, elections and economic indicators, expanding beyond crypto.
- Activist investor Irenic Capital Management has built a stake of more than 3% in Integer Holdings ITGR.N and is urging the medical-device outsourcing company to refresh its board and consider a sale.
- YouTube, owned by Alphabet's GOOGL.O Google, secured a multiyear deal to broadcast the Oscars from 2029 through 2033, succeeding Disney's DIS.N ABC.
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