Feb 11 (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 consortium of investors led by Elon Musk offered $97.4
billion to buy the nonprofit that controls OpenAI, raising the
stakes in his battle with Sam Altman over the company behind
ChatGPT.
-U.S. President Donald Trump on Monday announced 25% tariffs
on imports of steel and aluminum to the U.S., reinstating global
duties without exceptions for allies such as Canada, Mexico,
Japan and South Korea that were relaxed by the Biden
administration.
-Activist Elliott Investment Management has built more than
$2.5 billion stake in Phillips 66 and plans to push the
oil refiner to consider operational changes to boost its
stagnant stock.
- Hyatt Hotels ( H ) said on Monday it would acquire Playa
Hotels & Resorts ( PLYA ) for about $2.6 billion including $900
million in debt.
-A U.S. judge on Monday ordered the Trump administration to
fully comply with a previous order lifting its broad freeze on
federal spending, after a group of Democratic state attorneys
general last week said that some funds remained frozen.
-The Justice Department directed federal prosecutors in
New York to drop corruption charges against New York Mayor Eric
Adams, a high-profile prosecution that began under former U.S.
President Joe Biden's administration.
(Compiled by Bengaluru newsroom)