PRESS DIGEST -Wall Street Journal - June 11

Reuters
11 Jun
PRESS DIGEST -Wall Street Journal - June 11

June 11 (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.

- General Motors GM.N is spending $4 billion to produce more vehicles in the U.S., as the vehicles importer looks to reduce its exposure to tariffs.

- Google GOOGL.O extended voluntary buyout offers to U.S. employees in multiple divisions, one of a number of cost-cutting steps it's made to help fund billions in artificial intelligence spending.

- Meta META.O is in advanced talks to invest $14 billion into Scale AI and hire its CEO Alexandr Wang to help lead Meta's AI efforts.

- Verizon VZ.N, Ralph Lauren RL.N and others have agreed to resume buying ads on X.

- Accounting firm PricewaterhouseCoopers is overhauling the structure of its U.S. advisory business and hiring for thousands of roles as it sees recovering demand for its services.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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