Top Wall Street Journal Stories: Intel Layoffs, NFL Verdict Overturned, and More
The Wall Street Journal reports on several key stories: Intel's plans for major layoffs, a judge overturning a $4.7 billion antitrust verdict against the NFL, and 3M's appointment of Anurag Maheshwari as CFO. Other highlights include Spirit Airlines furloughs and a lawsuit involving Don Lemon and Elon Musk.
Intel plans to lay off approximately 15,000 employees and pause dividend payments as part of a cost-saving initiative led by Chief Executive Pat Gelsinger.
A judge has overturned a $4.7 billion antitrust verdict against the NFL related to its 'Sunday Ticket' television package.
3M has appointed Anurag Maheshwari, CFO at Otis Worldwide, as its next Chief Financial Officer.
Spirit Airlines is furloughing around 240 pilots and downgrading 100 captains in an effort to reduce costs amid intense competition in the airline industry.
Don Lemon is suing Elon Musk and X for breach of contract after Musk canceled a partnership deal following a contentious interview.
The Biden administration is proposing a rule to require airlines to allow parents to book seats next to young children without extra fees, addressing a common travel issue for families.
(With inputs from agencies.)

