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PRESS DIGEST- Wall Street Journal - March 22

Published 22/03/2021, 03:29 pm
© Reuters.
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March 22 (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.

- Blackstone (NYSE:BX) Group Inc BX.N made a takeover offer for Australian casino operator Crown Resorts Ltd CWN.AX valued at $6 billion, as regulators investigate Crown's business practices and threaten to rescind its casinos licenses. https://on.wsj.com/314tVNw

- COVID-19 vaccine manufacturers are ramping up production, churning out far more doses a week than earlier in the year, progress that is accelerating mass vaccination campaigns in the U.S. https://on.wsj.com/3c9GY6s

- Canadian Pacific Railway Ltd CP.TO agreed to acquire Kansas City Southern (NYSE:KSU) KSU.N in a transaction valued at about $25 billion that would create the first freight-rail network linking Mexico, the U.S. and Canada. https://on.wsj.com/3lDfV71

- The production arm of U.S. broadcaster CBS is venturing into local-language programming abroad, and one of its first projects is a dark comedy starring Mr. Hasselhoff that will debut next year on TV Now, a video-on-demand platform that is a unit of Germany's Mediengruppe RTL. https://on.wsj.com/3tLPkqT

- Biden administration officials will meet with allies this week on teetering plans to end the war in Afghanistan, turning to another top foreign policy challenge after a week that saw confrontations with Washington's chief geopolitical rivals. https://on.wsj.com/2Pg96fu

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