PRESS DIGEST - Wall Street Journal - May 16

Reuters
05-16
PRESS DIGEST - Wall Street Journal - May 16

May 16 (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.

- New Jersey's commuter rail engineers are on strike, following a yearslong battle over wages.

- Retail giant Walmart WMT.N said it plans to raise prices this month and early this summer, when tariff-affected merchandise hits its store shelves. Some prices already have increased.

- Bayer BAYGn.DE is preparing a plan to settle some of its mass lawsuits over Roundup weedkiller in Missouri, and may also seek bankruptcy for its Monsanto unit if the effort fails.

- The U.S. Department of Homeland Security asked the Pentagon to provide roughly 20,000 National Guardsmen to secure the border.

- David Richardson, the newly appointed head of the Federal Emergency Management Agency acknowledged in private meetings that with two weeks to go until hurricane season, the agency doesn't yet have a fully formed disaster-response plan.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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