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PRESS DIGEST- Wall Street Journal – April 21

The following are the top stories in the Wall Street Journal. - BuzzFeed Inc is laying off 15% of its staff and making plans to end BuzzFeed News, as it contends with ongoing business challenges, Chief Executive Jonah Peretti said in a note to employees on Thursday. - Amazon.com Inc owned grocer Whole Foods Market is planning to cut several hundred corporate jobs, the company said, as the grocer reorganizes its structure to simplify operations. Read More...

April 21 (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.

– BuzzFeed Inc is laying off 15% of its staff and making plans to end BuzzFeed News, as it contends with ongoing business challenges, Chief Executive Jonah Peretti said in a note to employees on Thursday.

– Amazon.com Inc owned grocer Whole Foods Market is planning to cut several hundred corporate jobs, the company said, as the grocer reorganizes its structure to simplify operations.

– A U.S. judge on Thursday halted most of the tens of thousands of lawsuits alleging Johnson & Johnson’s baby powder and other talc products caused cancer and stopped any trials as part of a company subsidiary’s second attempt to settle cases in bankruptcy proceedings.

– Meta Platforms Inc Chief Executive Officer Mark Zuckerberg told employees that he won’t rule out future layoffs and said he doesn’t expect the social-media company to hire as quickly as it did before the layoffs that began late last year.

– The U.S. Energy Department will guarantee up to $3 billion in debt securities issued to fund rooftop solar installations, hoping to expand access to renewable energy by making the deal a no-lose proposition for many investors.

– Legacy verified Twitter users began losing their blue check marks Thursday, as the social-media platform moved to end its previous system for authenticating users in favor of paid subscriptions. (Compiled by Bengaluru newsroom)

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