Dec 13 (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.
- The transition team of U.S. President-elect Donald Trump
has started to explore pathways to dramatically shrink,
consolidate or even eliminate the top bank watchdogs in
Washington.
- Chinese President Xi Jinping is not planning to attend
U.S. President-elect Donald Trump's inauguration next month
despite being invited, but he might send a senior official to
represent him, according to people close to Beijing's thinking.
- U.S. President-elect Donald Trump threw his support behind
a dockworker's union locked in contentious labor talks with port
employers as Harold Daggett, the head of the International
Longshoremen's Association, met with Trump at his Mar-a-Lago
estate in Florida on Thursday.
- Warner Bros Discovery ( WBD ) said it is restructuring
into two operating divisions, one focused on the legacy cable TV
business and the other on streaming and studios.
- Australian wealth manager Insignia Financial ( IOOFF )
received a A$2.7 billion ($1.72 billion) non-binding takeover
proposal from Boston-based Bain Capital.
- Amazon.com ( AMZN ) is planning a $1 million donation
to U.S. President-elect Donald Trump's inaugural fund, as
founder Jeff Bezos and other tech leaders shore up ties with the
incoming administration.
($1 = 1.5731 Australian dollars)
(Compiled by Bengaluru newsroom)