The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
- Apple AAPL.O named longtime hardware boss John Ternus as its next CEO, turning to another insider to steer the iPhone maker after Tim Cook as it navigates a world radically altered by artificial intelligence, a technology it has lagged on.
- Amazon AMZN.O said that it would invest an additional $5 billion in Anthropic, part of a broadening partnership that will see the two tech companies collaborate more closely.
- Spirit Airlines is in talks with the Trump administration for government aid, including a potential U.S. government investment.
- Democratic members of a Senate panel set to hold a confirmation hearing for Federal Reserve chair nominee Kevin Warsh are worried about the potential central bank leader's pledge to unload assets not allowed by current ethics rules.
- U.S. Labor Secretary Lori Chavez-DeRemer resigned on Monday amid allegations of misconduct at the department, stepping down as the Labor Department’s inspector general neared the end of an investigation into claims involving her and her top aides.
- The U.S. Justice Department sued Washington, D.C.'s water utility over a massive sewage spill that sparked a political fight between federal and state authorities, and which President Donald Trump called "a massive Ecological Disaster."
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))