Wall Street Journal - May 9
May 9 (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.
- Cryptocurrency exchange Bittrex Inc filed for bankruptcy protection on Monday, three weeks after the U.S. Securities and Exchange Commission (SEC) accused it of operating an unregistered securities exchange.
- Volkswagen VOWG_p.DE has appointed Bentley production chief Peter Bosch to lead its software subsidiary Cariad, dismissing all but one of the unit's current executive board members as the automaker tries to get the troubled division on track.
- Baxter International Inc BAX.N said on Monday a private-equity group, which includes Warburg Pincus and Advent International, has agreed to buy its biopharma solutions unit for $4.25 billion.
- The New York Times NYT.N is getting around $100 million from Google over three years as part of a broad deal that allows the Alphabet GOOGL.O unit to feature Times content on some of its platforms, according to people familiar with the matter.
- U.S. based tutoring firms Princeton Review and Tutor.com say Primavera Capital Group, a Chinese private-equity firm based in Hong Kong, has received regulatory approval to buy the test-prep company and online tutoring platform, more than 15 months after the acquisition closed.
- U.S. President Joe Biden on Monday said his administration is writing new rules that will require airlines to compensate passengers with cash for significant flight delays or cancellations when the carriers are responsible.
(Compiled by Bengaluru newsroom)</body></html>
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