Wall Street Journal - Aug 24

Wall Street Journal - Aug 24

Aug 24 (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.

- Bed Bath & Beyond Inc BBBY.O has found a financing source to shore up its liquidity as it tries to weather recent missteps, according to people familiar with the matter. Link

- The Federal Trade Commission said it would drop Mark Zuckerberg from a lawsuit filed last month seeking to block Meta Platforms Inc META.O from buying a small virtual-reality company. Link

- A whistleblower complaint by Twitter Inc's TWTR.N former head of security alleging widespread mismanagement spurred new scrutiny of the social-media company, adding to its challenges as it prepares for its legal battle with Elon Musk. Link

- Julian H. Robertson Jr, a pioneering hedge-fund investor, died at the age of 90. For two decades, Robertson led one of Wall Street's largest and highest-profile funds, Tiger Management LLC, scoring average annual gains of about 25%. He suffered cardiac complications and died Tuesday in his home in Manhattan, according to his spokesman. Link

(Compiled by Bengaluru newsroom)