PRESS DIGEST -Wall Street Journal - Jan 17

Reuters
17 Jan
PRESS DIGEST -Wall Street Journal - Jan 17

Jan 17 (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.

- An uncrewed vehicle operated by SpaceX exploded during a test flight on Thursday, temporarily disrupting air travel as pieces of it streaked across the sky.

- Meta META.O Platforms assured advertisers this week that its "Community Notes," which will let users crowdsource annotations on posts that they believe are false or need context, won't apply to paid ads when they arrive later this year.

- Activist investor Starboard Value has built a big stake in chip maker Qorvo QRVO.O and is seeking changes to boost the company's lagging share price, according to people familiar with the matter.

- Jeff Bezos' space company Blue origin launched New Glenn rocket for the first time on Thursday, aiming to advance the Amazon AMZN.O founder's lifelong space-exploration ambitions.

- American Express AXP.N has agreed to pay approximately $230 million in penalties over deceptive practices tied to how it sold credit cards and wire services to small-business customers.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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