Wall Street Journal - Sept 19
Sept 19 (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.
- Boeing BA.N is furloughing tens of thousands of white-collar employees in an effort to cut costs and avoid a credit-rating cut in the midst of a strike by its largest union.
- AT&T T.N agreed to remove 8 miles of lead-covered cables from Lake Tahoe, following a protracted legal battle with an environmental group over their removal, according to court documents.
- GameStop GME.N CEO Ryan Cohen agreed to pay a nearly $1 million penalty to settle the U.S. Federal Trade Commission's claim that he failed to report acquisition of more than $100 million worth of Wells Fargo & Co WFC.N voting shares.
- The independent directors of genetic testing firm 23andMe ME.O said on Tuesday they have resigned from the company's board after not receiving a satisfactory take-private offer from CEO Anne Wojcicki.
- T-Mobile US TMUS.O said it would partner with OpenAI to build an artificial-intelligence platform, called IntentCX, designed to help the telecom company gain and keep customers.
- A group of companies including Meta Platforms META.O, Spotify SPOT.N and Italian luxury-fashion giant Prada 1913.F warned that the European Union risks missing out on the full benefits of artificial intelligence because of the bloc's tech regulations.
(Compiled by Bengaluru newsroom)
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