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Press Digest: Wall Street Journal - June 17

PRESS DIGEST -Wall Street Journal - June 17

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

- Electric vehicle automaker Rivian RIVN.O laid off hundreds of employees, in a move to make the business profitable as it launches a key new model.

- SpaceX SPCX.O said it would buy Cursor parent Anysphere for $60 billion.

- Olin OLN.N agreed to acquire Huntsman HUN.N in roughly $2.43 billion stock swap.

- The U.S. will allow Iran to immediately begin selling oil and fuel under the deal to end the war, offering Tehran an early financial incentive to wind down the conflict.


(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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