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Press Digest: Wall Street Journal - July 1

PRESS DIGEST -Wall Street Journal - July 1

- The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- Private-equity firm KKR KKR.N and South Korea's SK Inc 034730.KS are jointly launching a $1.3 billion renewable-energy platform aimed at meeting surging demand for clean power in AI data centers and semiconductor manufacturing.

- U.S. President Donald Trump's forays into cryptocurrency delivered him a windfall of more than $1 billion last year, according to his latest financial disclosure report,

- The Trump administration and Anthropic have reached an agreement to restore access to the company's most recent general-access artificial-intelligence model, Fable AI.

- Private-equity firms IVEST Consumer Partners and Cloverlay have sold the Care Bears brand of plush toys and related rights to Authentic Brands Group AUTH.N.

- Dish DBS, the satellite pay-TV provider under Charlie Ergen's EchoStar broadcast empire, filed for bankruptcy Tuesday after a deal to sell spectrum to AT&T was held up.

- Private equity firm KKR KKR.N said it agreed to acquire the U.S. and Canadian operations of EDF power solutions from EDF group for about $4.2 billion, with potential additional payments of up to $390 million.


(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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