Press Digest: Wall Street Journal - September 16

Webtoon Entertainment

16/09/2025 06:32

Sept 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.

- U.S. President Donald Trump said companies should no longer be required to report their earnings on a quarterly basis, an idea he explored during his first term that has gained traction recently.

- Disney DIS.N plans to take a stake in Webtoon Entertainment WBTN.O as the companies prepare to create a new digital platform that will house all of the entertainment giant's various comic brands, including Marvel and Star Wars.

- Alphabet's GOOGL.O Google said it would invest 5 billion pounds ($6.81 billion) in Britain over the next two years, the latest big-ticket commitment from an American tech giant seeking to expand artificial-intelligence infrastructure and other services to Europe.

- A U.S. federal appeals court on Monday night rejected an emergency Trump administration request to remove Federal Reserve Governor Lisa Cook ahead of the central bank's next meeting.

- U.S. and Chinese officials said they have reached a framework agreement to switch short-video app TikTok to U.S.-controlled ownership that will be confirmed in a Friday call between Trump and Chinese President Xi Jinping.

- The Labor Department's Bureau of Labor Statistics, under fire for recent sharp downward revisions to U.S. non-farm payrolls and reductions to inflation data collection, is hiring about 25 part-time assistant economists, job postings showed.

($1 = 0.7344 pounds)

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))