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Press Digest: Wall Street Journal - July 7

PRESS DIGEST -Wall Street Journal - July 7

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

- Iran’s Islamic Revolutionary Guard Corps fired missiles at two commercial ships near the Strait of Hormuz early Tuesday.

- Large banks, including JPMorgan Chase JPM.N, Bank of America BAC.N, Wells Fargo WFC.N and PNC Financial Services Group PNC.N held preliminary discussions to acquire a network from Fiserv FISV.O that could allow them to bypass federal debit-card fee caps.

- Walmart WMT.O is cutting prices on thousands of items to help customers with affordability after years of inflation.

- Vertex Pharmaceuticals VRTX.O has agreed to purchase Crinetics Pharmaceuticals CRNX.O for $10 billion.

- Toyota 7203.T will spend $3.6 billion to bring production of its top-selling midsize pickup, the Tacoma, back to the U.S. by 2030.


(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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