PRESS DIGEST -Wall Street Journal - October 28

Reuters
Oct 28, 2025
PRESS DIGEST -Wall Street Journal - October 28

Oct 28 (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.

- Mercor, a startup that has become a critical component in the ecosystem improving top AI models, finalized a new funding deal to raise $350 million that would value the company at $10 billion.

- Amazon AMZN.O plans to lay off as many as 30,000 employees starting as early as Tuesday, the latest cost-cutting move for the tech giant that is seeking to slim down and conserve cash.

- Keurig Dr Pepper KDP.O secured $7 billion from KKR KKR.N, Apollo APO.N and Goldman Sachs GS.N to split its beverage and coffee businesses into two public companies.

- Google GOOGL.O said Monday it is partnering with NextEra Energy NEE.N to reopen the Duane Arnold Energy Center, a nuclear plant that closed five years ago after damage from a windstorm.

- John Dickerson, a veteran of CBS News PSKY.O and co-anchor of "CBS Evening News," is leaving the network at the end of the year.

- Exxon Mobil XOM.N sues the state of California since its rules requiring the oil and gas giant to disclose climate risks infringe on the company's right to free speech.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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