Press Digest: Wall Street Journal - Aug 10

Endo International

10/08/2022 05:45

Aug 10 (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.
    
    - Elon Musk sold nearly $7 billion worth of Tesla Inc
 TSLA.O  stock in recent days, regulatory disclosures show, amid
uncertainty over the fate of his $44 billion deal to buy Twitter
 Inc  TWTR.N . https://on.wsj.com/3p4cGbf
    
    - Microsoft Corp  MSFT.O  is asking teams across the company
to rein in some employee expenses as the software giant tries to
control costs in the current economic environment. https://on.wsj.com/3bPt7F7
    
    - A federal judge approved Blue Cross Blue Shield companies'
settlement of an antitrust suit filed on behalf of their
customers, with the insurers agreeing to pay $2.67 billion and
change certain practices that allegedly limited competition. https://on.wsj.com/3prdI1f
 
    
    - The chip industry that was bracing for a difficult period
with laptop sales slumping is adjusting to a wider and sharper
slowdown even as semiconductor companies prepare to spend
billions of dollars on new factories. https://on.wsj.com/3SFwFdB
 
    
    - Federal agents searched former U.S. President Donald
Trump's Mar-a-Lago home in part because they believed additional
classified information remained at the private club after the
National Archives retrieved more than a dozen boxes of White
House documents from the resort earlier this year. https://on.wsj.com/3QuGfhN
 
    
    - Endo International PLC  ENDP.O , a pharmaceutical
manufacturer facing thousands of lawsuits alleging it fueled the
opioid addiction crisis, said it is likely to file for
bankruptcy imminently. https://on.wsj.com/3zG6n2m
    

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