PRESS DIGEST - Wall Street Journal - May 21
May 21 (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.
- Super Micro Computer SMCI.O plans to expand its server production capacity in the U.S. as global demand for artificial intelligence accelerates, its chief executive officer Charles Liang said.
- Kraft Heinz KHC.O said it is evaluating potential strategic transactions as the food giant seeks to boost shareholder value, and that two directors representing Berkshire Hathaway BRKa.N would step down from its board.
- Providence Equity is nearing a more-than $1 billion deal to acquire Global Critical Logistics, a live-event logistics company that has worked on Taylor Swift and Beyoncé's tours.
- The Federal Aviation Administration ordered airlines to throttle back flying at Newark Liberty International Airport to help relieve congestion and reduce delays at the airport.
- Ford Motor F.N is pulling back more on its electric vehicle ambitions, letting rival Nissan 7201.T use part of its flagship U.S. battery plant.
- Alphabet's GOOGL.O Google is working with both Warby Parker WRBY.N and the luxury fashion house Kering PRTP.PA to develop artificial intelligence-powered glasses.
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