Press Digest: Wall Street Journal - July 12
12/07/2019 05:25
July 12 (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.
- Negotiations to complete the merger of T-Mobile US Inc
TMUS.O and Sprint Corp S.N are dragging on as the parties
haggle over ownership restrictions and other conditions for Dish
Network Corp DISH.O once it gets assets from the wireless
companies, according to people familiar with the matter. https://on.wsj.com/2G7ix9m
- Accessories and clothing retailer Charming Charlie
Holdings Inc said it plans to close its remaining 261 stores and
has permanently stopped online sales as part of its second
bankruptcy filing in less than two years. https://on.wsj.com/2G6pg3l
- Volkswagen AG VOWG_p.DE has agreed to invest around $2.6
billion in Ford Motor Co's F.N autonomous-vehicle partner,
Argo AI, in a deal that values the startup at $7 billion,
according to people familiar with the matter. https://on.wsj.com/2Ga1Xpw
- California lawmakers on Thursday approved a
multibillion-dollar fund meant to stabilize the state's largest
utilities amid fears of sizable future liability costs from
deadly wildfires tied to their equipment. https://on.wsj.com/2G4Gw9p
- Insignia Systems Inc ISIG.O , which also sells in-store
marketing products, alleged in a lawsuit filed Thursday that
News Corp NWSA.O and the subsidiaries have used what Insignia
called exclusionary contracts with clients to squeeze out
competitors. https://on.wsj.com/2G9BjNA
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))