Sept 11 (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.
- News Corp-controlled REA Group ( RPGRF ) will have to
sweeten the deal if it is to bring together two of the
English-speaking world's dominant real estate listing websites,
after U.K. counterpart Rightmove ( RTMVF ) rebuffed its initial
$7.32 billion approach.
- Southwest Airlines ( LUV ) Executive Chairman Gary Kelly
will step down next year in a big board shake-up as the airline
faces pressure from an activist investor to overhaul its
leadership and business strategy.
- Goldman Sachs ( GS ) is facing mounting losses, including
a roughly $400 million pretax hit disclosed Monday as it tries
to offload the remaining pieces of its Main Street lending
business
- Lumen Technologies ( LUMN ) is betting on new contracts
for artificial intelligence-related services to steady its
finances and return to profit as it struggles to work down a $20
billion mountain of debt and sunset outdated technology.
- Amazon ( AMZN ) plans to spend about $10.5 billion over
the next five years in cloud and artificial intelligence
infrastructure in the U.K., as global tech companies boost their
data-center footprints amid a boom in demand for
artificial-intelligence computing.
(Compiled by Bengaluru newsroom)