Aug 20 (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.

- Alaska Air ( ALK ) and Hawaiian Airlines cleared a

major milestone in their quest to combine after the Justice

Department opted against challenging the deal on antitrust

grounds. The U.S. Department of Transportation still has to

approve the merger in order for it to proceed.

- Media executive Edgar Bronfman Jr. has submitted a $4.3

billion offer to take over Paramount Global ( PARAA ) through the

acquisition of National Amusements, the family holding company

that owns a controlling stake in the media company.

- Boeing ( BA ) found cracks in the structure of its 777X

jetliner in initial test flights, the latest setback for the

long-delayed airplane. The company said it would ground its

four-plane test fleet while it replaces the faulty component and

sorts out what went wrong.

- Tax and legal services firm Andersen Global is advancing

efforts to pursue an initial public offering (IPO) of the U.S.

unit, Andersen, with 90% of 264 participating U.S. partners

voting in favor of continuing to consider an IPO.

- Carl Icahn and his company Icahn Enterprises ( IEP )

agreed to pay $2 million to settle civil charges from the

Securities and Exchange Commission that he failed to disclose

extensive borrowing against the company's shares.

- Danish shipping line A.P. Moller-Maersk said it would

stop accepting Canada-bound cargo that needs to be moved by

rail, the latest move by freight operators to brace for a

possible work stoppage later this week at Canada's two main

railroads.

(Compiled by Bengaluru newsroom)