Press Digest: Wall Street Journal - Jan 8

Audacy

08/01/2024 06:29

Jan 8 (Reuters) - Following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
    
     - Bipartisan leaders of a US House of Representatives panel
urged the secretaries of the U.S. Trade Representative office
and the Commerce Department to "utilize all existing trade
authorities" or outline new mechanisms to counteract an
overreliance on China for less-advanced chips. 
    
    - U.S. Congressional leaders reached a bipartisan deal on
Sunday setting a roughly $1.6 trillion federal spending level
for the year.
    
    - The Federal Aviation Administration (FAA) said on Sunday
that 171 Boeing MAX 9 airplanes will remain grounded until the
agency is convinced they can safely operate after a cabin panel
blowout on Friday.
    
    - A group of bipartisan U.S. Senators, including Republican
Senator James Lankford and Democratic Senator Chris Murphy,
hopes to release its proposal to tighten U.S. border laws later
this week.
        
  
        - Audacy filed a chapter 11 petition in the U.S.
Bankruptcy Court for the Southern District of Texas on Sunday.  
        
  
        
  

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))