Press Digest: Wall Street Journal - August 19

The Walt Disney

19/08/2026 07:49

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
     
- OpenAI told investors its revenue grew by 18% from the first to the second quarter, while its losses deepened, results that disappointed some shareholders who had hoped the startup would show more progress catching up to rival Anthropic.
     
- U.S. President Trump has selected one of his top White House health aides, Dr. Heidi Overton, as his next choice to lead the Food and Drug Administration
     
- Natural gas and electricity distributor UGI Corp UGI.N   recently received a roughly $9 billion takeover offer from KKR KKR.N. 
     
- Walt Disney’s DIS.N ABC has sued the Federal Communications Commission, alleging the agency’s efforts to challenge its broadcast licenses and regulate its talk show “The View” are illegal and an effort to quash speech the Trump administration finds objectionable.
 
    - Goldman Sachs GS.N said it had reached an agreement to buy private real estate investment firm LCN Capital Partners in a deal worth up to $410 million.

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