June 12 (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.
- Amazon.com Inc ( AMZN ) will invest billions of dollars in
Taiwan over the next 15 years to build data centers, the latest
global technology company to expand its footprint in Asia.
- China Evergrande New Energy Vehicle's ( EVGRF ) shares
fell sharply after Chinese authorities ordered the company to
repay government subsidies due to its failure to meet
contractual obligations, adding to its woes.
- Elon Musk filed to withdraw his lawsuit against OpenAI and
its chief executive, Sam Altman, the latest twist in the
billionaire's feud with his former co-founder as they vie for
dominance in the artificial intelligence arms race.
- Shari Redstone has ended discussions to sell her
controlling stake in Paramount Global ( PARAA ) to Skydance Media
and merge the two companies, drawing to a close months of
negotiations.
- National Bank of Canada ( NTIOF ) agreed to acquire Canadian
Western Bank ( CWESF ) in a share-swap deal valued at about 5
billion Canadian dollars ($3.63 billion), aided by a sizable
investment from one of North America's biggest pension funds.
- Consent judgments were filed on Tuesday in Johnson &
Johnson's ( JNJ ) proposed $700 million settlement related to
marketing of its talcum-based baby powder.
(Compiled by Bengaluru newsroom)