Press Digest: Wall Street Journal - July 16

The New York Times

16/07/2026 07:03

July 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.
     
- The New York Times NYT.N hasfiled a court motion to block grand federal grand jury subpoenas to three of its journalists over their reporting on President Donald Trump's new Qatari-donated Air Force One. 
- Stripe and private equity firm Advent International have made a joint offer to buy PayPal Holdings PYPL.O for $60.50 per share, valuing the fintech company at about $53 billion. 
- The New York Yankees, are in advanced talks with Apollo Global Management APO.N to raise about $3 billion of financing.
 - The U.S. is imposing a 25% tariff on certain Brazilian goods, following a yearlong investigation by trade officials into what they described as unfair trade practices.
 - The Trump administration is considering placing a bond of $100,000 on some green-card seekers applying at U.S. consulates abroad. 
 
 

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