Wall Street Journal - April 11
April 11 (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.
- Twitter Inc TWTR.N CEO Parag Agrawal on Sunday night said billionaire Tesla Inc TSLA.O CEO Elon Musk has decided he won't join the company's board of directors. Link
- Airlines are adding staff and cutting flights in an effort to avoid upheaval. JetBlue Airways Corp JBLU.O said this weekend that it would reduce flights in May while, Alaska Air Group Inc ALK.N last week said it would trim spring flying for pilot training. Meanwhile, other carriers including American Airlines Group Inc AAL.O say they are prepared for the summer surge after a months long hiring spree. Link
- As Washington attempts to get its arms around the rapidly growing cryptocurrency industry, policy makers in the Biden administration and on Capitol Hill have identified stablecoins as an initial target for tighter regulation. Link
- Two decades later, Citi Group Inc C.N , the third-biggest U.S. bank, has again found favor in Saudi Arabia as one of the foreign lenders helping Crown Prince Mohammed bin Salman modernize its oil-heavy economy. Link
(Compiled by Bengaluru newsroom)
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