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PRESS DIGEST- Wall Street Journal - June 25
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PRESS DIGEST- Wall Street Journal - June 25
Jun 24, 2024 10:18 PM

June 25 (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.

- Boeing ( BA ) has proposed funding its acquisition of

partsmaker Spirit AeroSystems ( SPR ) with stock rather than

cash, a last-minute twist in deal talks that comes as the jet

maker burns through more than $1 billion a month.

- The European Union has charged Apple ( AAPL ) with failing

to comply with a new digital-competition law, alleging that the

iPhone maker's App Store isn't allowing developers to freely

direct customers to alternative ways to make purchases.

- WikiLeaks founder Julian Assange is set to plead guilty

this week in his U.S. espionage case, in an agreement that will

allow the WikiLeaks founder to soon walk free after spending

more than a decade holed up and imprisoned in London, largely to

avoid being sent to the U.S.

- Danish drug maker Novo Nordisk plans to invest

$4.1 billion to build a second fill and finishing manufacturing

facility in Clayton, N.C., as demand for weight-loss drugs show

no signs of letting up.

- Trucking company US Logistics Solutions is shutting down

after filing for bankruptcy, in one of the largest trucking

failures since less-than-truckload giant Yellow collapsed last

year.

- The Alliance for Automotive Innovation, a trade group

representing carmakers is pushing back on a rule that requires

automated emergency-braking systems in future vehicles, arguing

the requirements are nearly impossible to meet and would be too

costly.

(Compiled by Bengaluru newsroom)

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