May 13 (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.
- Amazon AMZN.O has partnered with FedEx FDX.N to deliver large packages, expanding its third-party delivery network, following UPS's decision to scale back its business with the online retailer.
- Frasers Property FRPL.SI is exploring a potential privatization of its Singapore-listed Frasers Hospitality Trust FRHO.SI, which owns 14 hospitality assets across Asia, Australia and Europe.
- House Republicans have proposed a tax plan that extends U.S. President Donald Trump's 2017 tax cuts, boosts SALT deduction, ends taxes on tips and overtime and rolls back clean-energy tax breaks to help offset costs.
- United Airlines UAL.O CEO Scott Kirby reassured customers that Newark Airport remains safe despite recent tech and staffing issues, as the FAA works on fixes and United trims flights to maintain safety.
- China is investing heavily in South American ports and infrastructure, like Cofco's new terminal in Brazil's Santos port, to secure crop imports and reduce reliance on U.S. agricultural exports amid ongoing trade tensions.
- U.S. companies such as SharkNinja SN.N and CMCBrands are rushing to ship goods from China during the 90-day tariff truce that lowered rates from 145% to 30%, offering temporary relief but leaving long-term trade uncertainty unresolved.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))
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