Sept 19 (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.
- Nvidia ( NVDA ) said on Thursday it would invest $5
billion in Intel ( INTC ), throwing its heft behind the
struggling U.S. chipmaker just weeks after the White House
engineered an extraordinary deal for the federal government to
take a massive stake in the company.
- UPS terminated its plans to buy Estafeta,
abandoning a more than year-long effort to acquire the Mexican
small package provider.
- Private-equity firm Ames Watson on Thursday closed a deal
to buy jewelry retailer Claire's out of bankruptcy for $140
million.
- Cracker Barrel targeted with proxy fight by Steak
'n Shake investor Sardar Biglari, founder of Biglari Holdings
Inc. ( BH )
- FedEx ( FDX ) plans to rely more on shipping within the
U.S. and from markets such as Europe, as tariffs slow down trade
to the U.S. from China.
- American Express ( AXP ) is raising the annual fee on its
Platinum credit card to $895 from $695 effective Thursday.
(Compiled by Bengaluru newsroom)