Press Digest: Wall Street Journal - July 7

Crinetics Pharmaceuticals

07/07/2026 06:53

July 7 (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.
     
- Iran’s Islamic Revolutionary Guard Corps fired missiles at two commercial ships near the Strait of Hormuz early Tuesday.
- Large banks, including JPMorgan Chase JPM.N, Bank of America BAC.N, Wells Fargo WFC.N and PNC Financial Services Group PNC.N held preliminary discussions to acquire a network from Fiserv FISV.O that could allow them to bypass federal debit-card fee caps.
- Walmart WMT.O is cutting prices on thousands of items to help customers with affordability after years of inflation.
- Vertex Pharmaceuticals VRTX.O has agreed to purchase Crinetics Pharmaceuticals CRNX.O for $10 billion. 
 
 - Toyota 7203.T will spend $3.6 billion to bring production of its top-selling midsize pickup, the Tacoma, back to the U.S. by 2030. 
 
 

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