PRESS DIGEST- Wall Street Journal - July 15

Reuters
15 Jul
PRESS DIGEST- <a href="https://laohu8.com/S/WSCO">Wall Street</a> Journal - July 15

July 15 (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.

- Nvidia NVDA.O said it will resume sales of its H20 artificial intelligence chip to China and has introduced a new model tailored to meet regulatory requirements in the Chinese market.

- Elon Musk said Tesla TSLA.O shareholders would vote on investing in xAI, the latest move by the billionaire entrepreneur to tap his own companies to help fund his artificial-intelligence startup.

- U.S. publisher McGraw Hill MH.N and consumer-intelligence provider NIQ Global Intelligence have unveiled terms of planned initial public offerings that could give each of the private equity-backed companies a multibillion-dollar market capitalization.

- Private-equity firms Bain Capital and Kohlberg are leading a new multibillion-dollar investment in PCI Pharma Services, a company that specializes in helping biopharma companies bring new drugs to market, executives at the firms said.

- Becton Dickinson's BDX.N plan to focus on medical technology advanced further after reaching a deal to divest its biosciences and diagnostic solutions business to Waters WAT.N for around $17.5 billion.

- The U.S. Supreme Court cleared the way for President Donald Trump's administration to resume dismantling the Department of Education, part of his bid to shrink the federal government's role in education in favor of more control by the states.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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