Press Digest: Wall Street Journal - June 16

Roku

16/06/2026 06:35

June 16 (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.
     
- General Motors GM.N is in talks with Lockheed Martin LMT.N about making parts for the defense contractor's weapons.
     
- The U.S. Justice Department's senior leadership closed an investigation of Paramount's bid for Warner Bros Discovery WBD.O before career staffers who were concerned about the acquisition had an opportunity to object.
     
- Fox Corp FOXA.O said it is acquiring Roku ROKU.O in a deal valued at around $25 billion, making a major bet on the future of ad-supported streaming.
     
- A California federal judge dismissed a lawsuit from Elon Musk's artificial-intelligence company xAI that accused OpenAI of trying to steal trade secrets. 
     
 
 - Kohl's KSS.N named a former Foot Locker executive as its next chief operating officer.
 
 
 
 

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