PRESS DIGEST- Financial Times - April 24

- Bed Bath & Beyond Inc, the once popular U.S. home goods retailer that in recent years failed to keep up with the rise of online shopping, filed for Chapter 11 bankruptcy protection on Sunday. - British chipmaker Arm Ltd is developing its own chip to showcase the capabilities of its designs, as the SoftBank-owned group seeks to attract new customers and fuel growth following a blockbuster IPO later this year.


Reuters | Updated: 24-04-2023 05:39 IST | Created: 24-04-2023 05:39 IST
PRESS DIGEST- Financial Times - April 24

The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines

- NBCUniversal boss Jeff Shell ousted over 'inappropriate relationship' - US urges South Korea not to fill China shortfalls if Beijing bans Micron chips

- Bed Bath & Beyond files for Chapter 11 bankruptcy - Chip designer Arm makes its own advanced prototype semiconductor

Overview - Jeff Shell is leaving as chief executive of NBCUniversal after an investigation into alleged inappropriate conduct with a female colleague, parent company Comcast Corp said on Sunday.

- The White House has asked South Korea to urge its chipmakers not to fill any market gap in China if Beijing bans Micron Technology Inc from selling chips. - Bed Bath & Beyond Inc, the once popular U.S. home goods retailer that in recent years failed to keep up with the rise of online shopping, filed for Chapter 11 bankruptcy protection on Sunday.

- British chipmaker Arm Ltd is developing its own chip to showcase the capabilities of its designs, as the SoftBank-owned group seeks to attract new customers and fuel growth following a blockbuster IPO later this year. (Compiled by Bengaluru newsroom)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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