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PRESS DIGEST- Wall Street Journal - March 27
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PRESS DIGEST- Wall Street Journal - March 27
Mar 26, 2024 10:58 PM

March 27 (Reuters) - Following are the top stories in

the Wall Street Journal. Reuters has not verified these stories

and does not vouch for their accuracy.

- Johnson & Johnson ( JNJ ) is in talks to acquire the

medical-device maker Shockwave Medical ( SWAV ) and a deal could

be completed in the coming weeks.

- Wearable-camera maker GoPro ( GPRO ) said it is putting in

place a restructuring plan that includes a global workforce cut

of about 4% and reducing its office space to save on operating

costs.

- NBC News cut ties with Ronna McDaniel mere days after it

hired the former Republican National Committee chairwoman as a

contributor, a dramatic about-face that followed a very public

rebuke from some of its biggest stars.

- Tesla is stepping up promotion of the

driver-assistance technology it calls "Full Self-Driving

Capability," seeking to expand use of the controversial software

feature as it confronts the prospect of lower sales growth this

year.

- U.S. President Biden's administration will enlarge a list

of companies under an import ban because of their alleged ties

to forced labor in China, an official said, a move that would

intensify pressure on some corporate supply chains.

- U.S. prosecutors have filed criminal charges against

KuCoin and two of its founders, accusing the global

cryptocurrency exchange of violating U.S. anti-money-laundering

laws.

(Compiled by Bengaluru newsroom)

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