PRESS DIGEST - Wall Street Journal - June 20

Reuters
2025/06/20
PRESS DIGEST - Wall Street Journal - June 20

June 20 (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.

- SpaceX’s Starship spacecraft exploded during a routine test, sending a fireball into the night sky and marking the latest setback in what has become an increasingly important bet for Elon Musk.

- Home Depot HD.N has made an offer for building-products distributor GMS, kicking off a potential bidding war between the home-improvement giant and serial dealmaker Brad Jacobs, according to people familiar with the matter.

- A U.S. federal appeals court on Thursday night allowed President Trump to maintain command of the California National Guard in response to the Los Angeles protests, blocking a lower court that ordered him to return those forces to the state’s control.

- President Trump says he will decide on whether to strike Iran "within two weeks," according to the White House, telling senior aides late Tuesday that he approved of attack plans for Iran, but was waiting to see if Tehran would abandon its nuclear program, people familiar with the deliberations said.

- Baidu's 9888.HK Apollo Go could enter the Southeast Asian market as early as this year as autonomous-driving companies race to grow overseas and plans to expand into Southeast Asia as soon as the end of 2025, according to a person familiar with the matter.

- Chuck Magro, chief executive of pesticide and crop seed giant Corteva Agriscience CTVA.N said in Chicago that agricultural chemicals are rigorously studied before farmers can spray them on fields as Robert F. Kennedy Jr.'s "Make America Healthy Again" movement targets processed foods, additives, and pesticides, sparking debate over food safety and regulation.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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