July 5 (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 Canadian government has approved Glencore's ( GLCNF )
$6.93 billion acquisition of miner Teck Resources' ( TECK )
steelmaking coal unit with strict conditions to preserve jobs.
- Global streaming companies said on Thursday they were
challenging new Canadian rules that oblige them to help pay for
local news, saying Canada's federal government had acted
unreasonably and provided no legal basis for the demand.
- Saks Fifth Avenue parent HBC will acquire department-store
chain Neiman Marcus in a $2.65-billion deal, the companies said
on Thursday, giving them stronger negotiating power with vendors
and greater ability to control costs.
- President Joe Biden said "I'm not going anywhere" as he
faced calls by many Democrats to end his re-election bid, using
the Fourth of July celebrations on Thursday to hit back at
doubts about his stamina and mental acuity to continue his
campaign.
- U.S. President Joe Biden and Israel's Prime Minister
Benjamin Netanyahu discussed in a call in Thursday efforts to
finalize a deal for a cease-fire between Israel and Hamas and a
release of hostages held by Hamas.
(Compiled by Bengaluru newsroom)