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Press Digest: Wall Street Journal - December 17

Dec 17 (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.

- Warner Bros. Discovery WBD.O plans to reject Paramount's PSKY.O offer, favoring its existing deal with Netflix NFLX.O.

- E.W. Scripps' board rejected an unsolicited acquisition bid from Sinclair SBGI.O, which proposed buying the media company for $7 a share.

- Blackstone BX.N is leading a $400 million investment in data-security firm Cyera that values the New York-based company at $9 billion.

- California regulators have given Tesla TSLA.O 90 days to meet compliance after an administrative law judge found the company deceived consumers by falsely implying its cars could drive on their own.

- Chevron CVX.N stands as one of the last big shippers of Venezuelan oil after the U.S. seized a sanctioned tanker last week allegedly carrying the country's crude to the black market.

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))

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