PRESS DIGEST-Wall Street Journal - May 29

Reuters

29 May

PRESS DIGEST-Wall Street Journal - May 29

May 29 (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.

- Paramount Global PARA.O in recent days has offered $15 million to settle U.S. President Donald Trump's lawsuit against CBS news. Trump's team wants more than $25 million and is also seeking an apology from CBS News.

- A U.S. federal trade court ruled President Trump didn't have the authority to impose sweeping tariffs on virtually every nation, voiding the levies that have sparked a global trade war and threatened to upend the world economy.

- Elon Musk tried to block Sam Altman's big AI deal in the Middle East and tried hard to derail it if it didn't include his own AI startup.

- Delaware Attorney general to hire investment bank to advise on OpenAI conversion, says startup must determine how to distribute equity in the new public-benefit corporation.

- Tinder's new chief, Match Group MTCH.O CEO Spencer Rascoff, aims to revamp the app's image plans to introduce new features like "double dating", leverage AI, and enhance user safety to improve user experience.

- U.S. pipeline operator Williams Companies WMB.N is set to try again to build the Constitution and Northeast Supply Enhancement pipelines, which would shuttle natural gas from Appalachian gas fields throughout the Northeast.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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