Press Digest: Wall Street Journal - October 1
PRESS DIGEST-Wall Street Journal - October 1 Oct 1 (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.
- A federal judge approved Paramount's PSKY.O settlement with 12 state attorneys general, clearing the way for its $81 billion acquisition of Warner Bros. Discovery WBD.O.
- OpenAI President Greg Brockman told employees he won’t make a pledged $25-million donation to the pro-AI political group Leading the Future.
- Mattel CEO Ynon Kreiz to become Co-CEO of the combined Paramount-Warner Bros. Discovery once the $81-billion deal closes.
- Industry leaders including Jensen Huang of Nvidia NVDA.O had questioned Anthropic’s Dario Amodei about his warnings about the dangers of AI at White House event.
- Walgreens-owner Sycamore Partners is close to a deal to sell British pharmacy chain Boots to the Weston family for about $9 billion.
- Hormel Foods HRL.N said it would buy family-owned chicken processor Brakebush Brothers for $1.06 billion, as the Skippy peanut butter maker looks to expand its protein portfolio.
(Compiled by Bengaluru newsroom)