Feb 22 (Reuters) – Following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
– Chesapeake Energy Corp said Tuesday that it has sold oil assets to a division of UK chemical maker Ineos Group AG for $1.4 billion.
– Tencent Holdings Ltd is in talks to sell Facebook parent Meta Platforms Inc’s popular virtual-reality headset in China, home to the world’s biggest pool of internet users.
– Microsoft signed pacts to give Nintendo Co and Nvidia Corp access to “Call of Duty” games for a decade if its $75 billion deal to buy the franchise’s developer, Activision Blizzard Inc gets approved.
– News Corp’s talks to sell the parent of Realtor.com to CoStar Group Inc have ended without a deal.
– McKinsey & Co. plans to eliminate thousands of positions, adding the consulting giant to a wave of companies that are cutting corporate jobs.
– U.S. President Joe Biden’s administration is expected to trim costs under a mortgage program for first-time and lower-income buyers, a bid to boost affordability while median home prices remain near record highs, according to people familiar with the move. (Compiled by Bengaluru newsroom)