PRESS DIGEST - Wall Street Journal - April 3

Reuters
04-03
PRESS DIGEST - Wall Street Journal - April 3

April 3 (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.

- Mark Zuckerberg is lobbying U.S. President Donald Trump and White House officials to agree to a settlement that would prevent Meta Platforms META.O from facing an antitrust trial later this month.

- Mobile technology company AppLovin APP.O has made a bid for TikTok and talked to casino magnate Steve Wynn about backing it.

- Siemens SIEGn.DE has agreed to acquire Dotmatics for $5.1 billion, a combination the companies said would use artificial intelligence to speed up development cycles and help make breakthroughs in the life-sciences space.

- The Federal Trade Commission $(FTC.UK)$ put on hold a lawsuit against pharmacy-benefit manager $(PBM)$ units of UnitedHealth UNH.N, Cigna CI.N and CVS Health CVS.N over insulin prices after the Trump administration fired two of the agency's commissioners.

- The U.S. Food and Drug Administration has missed the deadline for making a key decision regarding a COVID-19 vaccine from Novavax NVAX.O, days after the Food and Drug Administration's vaccine chief was pushed out.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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