The following are the top stories in the Wall Street Journal.
Reuters has not verified these stories and does not vouch for
their accuracy.
- Novartis is acquiring Avidity Biosciences ( RNA )
in a $12 billion deal that the Swiss drugmaker said would
further boost its long-term focus on treating neuromuscular
disorders.
- Roughly 3,200 striking St. Louis-area Boeing ( BA )
workers will stay on the picket line after members rejected a
modified contract proposal for a fourth time.
- Australia's consumer watchdog is suing Microsoft ( MSFT ),
alleging the U.S. tech giant misled its 2.7 million customers by
making it difficult for them to avoid paying for new
artificial-intelligence services.
- HSBC Holdings ( HSBC ) is booking a provision of $1.1
billion for a lawsuit in Luxembourg related to Bernard Madoff's
multibillion-dollar Ponzi scheme, one of the largest financial
frauds in American history.
- The U.S. will impose an additional 10% tariff on Canada,
President Donald Trump said on Saturday, a punitive measure in
response to an ad campaign that he said misrepresented comments
by former President Ronald Reagan.
- Movie and television producer Taylor Sheridan, known for
hits including "Yellowstone," "Tulsa King" and "Landman," has
signed a deal to join NBCUniversal after his contract
with Paramount expires.
(Compiled by Bengaluru newsroom)