PRESS DIGEST -Wall Street Journal - January 12

Reuters
01/12
PRESS DIGEST -Wall Street Journal - January 12

Jan 12 (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.

- U.S. prosecutors are investigatingFederal Reserve Chair Jerome Powell over his testimony last summer about the central bank's building renovation project.

- Allegiant Travel ALGT.O reached a roughly $1.1 billion deal to buy Sun Country Airlines as budget-focused U.S. airlines struggle with stiff competition from larger rivals.

- Walmart WMT.O plans to expand drone delivery to 150 additional stores within the next year, aiming for over 270 locations by late 2027.

- Google GOOGL.O unveiled a set of tools for retailers that helps them roll out AI agents, aiming to make it easier for brands to reach their customers who are shopping with the technology.

- U.S. President Donald Trump said on Sunday that he might block Exxon Mobil XOM.N from investing in Venezuela after the oil major's CEO called the country "uninvestable" during a White House meeting last week.

- U.S. President Donald Trump is scheduled to be briefed by senior officials in his administration on Tuesday on specific options to respond to the protests in Iran.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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