May 1 (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.
- PG&E ( PCG ) is nearing a deal to sell a
multibillion-dollar stake in its fleet of power plants to
investment giant KKR as the company seeks funding for
work intended to prevent its power lines from sparking
wildfires.
- Norfolk Southern's ( NSC ) chief executive has been
endorsed by Institutional Shareholder Services, though the proxy
firm is also throwing its support behind five dissident
directors in a simmering proxy battle for the railroad's board.
- The Federal Trade Commission is challenging hundreds of
pharmaceutical patent listings in an effort to smooth the path
to more affordable alternatives to brand-name drugs-including
blockbusters such as Ozempic and Victoza.
- Canada's TD Bank said it would set aside $450
million for fines it is likely to face from U.S. regulators
because of weaknesses with its anti-money laundering practices.
- Police entered Columbia University's campus late on
Tuesday, where they removed pro-Palestinian demonstrators from
an academic building they had occupied and from encampments on
the school's main plaza.
- Puig Brands has priced its initial public offering at
the high end of the previously announced range as it prepares to
list on Friday, in what is set to be the largest IPO so far this
year.
(Compiled by Bengaluru newsroom)