PRESS DIGEST- Wall Street Journal - June 13

Reuters
2025/06/13
PRESS DIGEST- Wall Street Journal - June 13

June 13 (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.

- Peloton Interactive PTON.O has named Megan Imbres chief marketing officer, making her the fourth marketing leader at the connected fitness company since 2020.

- Warner Bros. Discovery WBD.O is expected to become one of the first corporate borrowers to restrict creditors from forming certain cooperation groups as the entertainment company completes a debt deal tied to its separation into two public businesses.

- U.S. Senators Bernie Sanders and Angus King introduced a bill Thursday that would ban pharmaceutical manufacturers from using direct-to-consumer advertising, including social media, to promote their products.

- Aerospace startup JetZero plans to start building its blended-wing airplanes in a new Greensboro, North Carolina, factory, slated to begin construction in 2026.

- A federal judge ruled that U.S. President Donald Trump illegally federalised the California National Guard in response to the Los Angeles protests and ordered that the force be returned to the control of Democratic Governor Gavin Newsom.

- Tech and media companies' race to automate advertising poses a threat to the giant agency holding companies that have for decades dominated that work, industry analysts say.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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