Press Digest: Wall Street Journal - Jan 11

Endo International

11/01/2024 06:40

Jan 11 (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.
    
  
    - Alphabet's Google  GOOGL.O  said on Wednesday it is laying
off hundreds of people working on its voice-activated Google
Assistant software and is eliminating a similar number of roles
in the company's Devices and Services team.
    
    - The U.S. Securities and Exchange Commission voted
Wednesday to approve the first U.S.-listed exchange traded funds
(ETFs) to track bitcoin.
    
    - Pharmaceutical company Endo International  ENDPQ.PK  won
bankruptcy court approval on Tuesday to start soliciting votes
for a restructuring plan that would pay $600 million to
government agencies and private institutions affected by the
opioid epidemic.     
        
  
        - Citigroup  C.N  said on Wednesday in a regulatory
filing that it set aside $1.3 billion in reserves to account for
risks in Argentina and Russia.
        
  
        - SAP  SAPG.DE , the German software company, agreed to
pay about $222 million to resolve investigations into bribery
schemes in seven countries, U.S. authorities said on Wednesday.
    
    - Amazon.com  AMZN.O  will lay off several hundred employees
in its Prime Video, Amazon MGM Studios and Twitch divisions.    
     
  
        
  
        
  

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