PRESS DIGEST -Wall Street Journal - March 24

Kitco Media
By Reuters
Published:
Updated:
Reuters
March 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.


- Australia-listed shares of Block Inc fell about 15% on Thursday after Hindenburg Research questioned the company's user numbers and accused it of predatory tactics.


- Accenture Plc is cutting about 19,000 jobs, or 2.5% of its workforce, over the next 18 months as the professional-services company looks to slash costs and streamline operations amid slowing IT spending.


- The U.S. Justice Department charged South Korean crypto entrepreneur Do Kwon with fraud on Thursday as officials in Montenegro arrested the creator of the failed TerraUSD stablecoin.


- The U.S. Department of Defense(DOD) is scrutinizing why Boeing Co employees worked on current and future Air Force One planes without security credentials required for the highly classified jets.


- The United States and Canada have reached an agreement that would allow both countries to turn back asylum seekers who unlawfully cross the northern border, a move that aims to address an influx of border crossings between New York and Quebec.


- The United States will send aging A-10 attack planes to swap for more advanced combat aircraft in the Middle East as part of a Pentagon effort to shift more modern fighters to the Pacific and Europe to deter China and Russia, U.S. officials said.




(Compiled by Bengaluru newsroom)

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