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PRESS DIGEST- Wall Street Journal - March 28
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PRESS DIGEST- Wall Street Journal - March 28
Mar 27, 2024 9:37 PM

March 28 (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.

- Struggling electric-vehicle maker Fisker ( FSRN ) is

cutting the suggested prices for some of its 2023 model-year

vehicles, a bid to drum up demand for its cars as the startup

struggles for cash.

- Amazon ( AMZN ) said it has invested $2.75 billion more in

the artificial-intelligence startup Anthropic, a major

investment from a tech giant looking to compete with Microsoft,

Google and others in the AI arms race.

- Schlumberger ( SLB ) will pay almost $400 million to

acquire 80% of carbon-capture company Aker Carbon Capture

, creating a combined carbon-capture-focused venture.

- Walmart ( WMT ) expects to refile the paperwork related to

its $2.3 billion deal to acquire television maker Vizio to give

the antitrust agencies more time to review the proposed

transaction.

- Disney ( DIS ) backed down from a long-running legal

battle with Florida Gov. Ron DeSantis over control of the

Orlando-area land that is home to its most important resort,

ending a years long feud and handing the governor a political

victory.

- U.S. officials said it could take years to investigate

why a giant cargo ship malfunctioned and crashed into a bridge

in Baltimore, as they rushed to reopen a vital shipping lane

blocked by the collapsed bridge.

(Compiled by Bengaluru newsroom)

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