Press Digest: Wall Street Journal - June 18
PRESS DIGEST -Wall Street Journal - June 18 June 18 (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.
- Apple AAPL.O plans to raise prices on its products to offset increasing memory and storage chip costs, CEO Tim Cook said in an interview.
- U.S. President Donald Trump said that negotiations with artificial intelligence company Anthropic over restoring access to the company’s latest artificial-intelligence models are "going fine."
- U.S. President Donald Trump said early Wednesday that he was delaying the nomination of Jay Clayton, a top federal prosecutor and former chairman of the Securities and Exchange Commission, to be the next director of national intelligence.
- The Federal Reserve held interestrates steady on Wednesday, but policymakers expect a hike in borrowing costs later this year amid growing concerns about inflation lodged above the U.S. central bank's 2% target.
(Compiled by Bengaluru newsroom)
Recent news on Apple
See all newsChinese tech manufacturers rush to list in Hong Kong, seeking nearly $6 billion (updated)
China's Luxshare Precision Industry seeks to raise up to $3.1 billion in HK share sale
Apple says it is releasing updates early in response to AI cybersecurity concerns
Apple iPhone 18 Pro supplier list, parts and photos exposed in Tata data leak
Live Markets: Big tech’s rough June puts Magnificent Seven under pressure